Avalanche (AVAX) is currently outperforming top cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), XRP, etc., in the daily charts. The asset is trading in the green zone in nearly all time frames. According to CoinGecko, AVAX’s price has surged 7% in the last 24 hours, 4.7% in the last week, 4.8% in the 14-day charts, and 4.6% over the previous month. Despite the steep rebound, the asset is still down by more than 45% since April 2025. Let’s discuss why AVAX is rallying today, and if the upswing can sustain itself.

Why Is Avalanche Outperforming Bitcoin, Ethereum?

While Avalanche (AVAX) has shown strong growth in the last few weeks despite a bear market, the asset is facing substantial resistance at the $10 price level.

AVAX’s latest price surge could be due to a number of factors. Firstly, Bitcoin (BTC) is making another attempt at breaching $70,000. BTC’s rally may have boosted inflows for AVAX as well. Additionally, on-chain activity has seen significant rise for AVAX. Institutional interest has also risen, which may have added to the rally. AVAX has also see real-world use cases of late.

Avalanche (AVAX) has also announced its Retro9000 C-Chain Round 2 applications. Round 2 makes way for two new multipliers and an updated reward structure. The development may have also propelled investor sentiment for AVAX.

Also Read: Why It’s Critical That Bitcoin Reclaims $75k For A Market Rally

While the rally is commendable, it is unclear if Avalanche (AVAX) can sustain its upswing. The crypto market is still in bear territory and we could see another correction soon. Bitcoin (BTC) has attempted to breach the $73,000-$74,000 price level multiple times, albeit without success. The larger market may not see a bullish continuation without BTC breaking past its $73,000-$74,000 resistance level. Given the general bearish market environment, uncertain geopolitical developments in the Middle East, and growing macro worries, AVAX’s price may face a rejection at its current resistance of $10.