It’s been another super busy week in the world of crypto and in particular in the Avalanche ecosystem. With new tokens, launching, a little bit of unhappiness creeping and some awesome partnerships announced. So here’s your weekly update on all things Avalanche.
Always remember, nothing we say here is financial advice. So, always DYOR.
This post is available as a youtube video, so give it a watch here.
Your weekly update on all things AVALANCHE
Market conditions
Let’s a have a quick recap on last weeks market news
Bitcoin’s Performance This Week
Bitcoin had another stellar week. It opened at $80,471 and closed at $89,845, setting a new all-time high at $93,477. As the market leader, Bitcoin continues to dominate, and it’s exciting to see where this momentum will take us.
AVAX Prices: Steady Growth with Big Potential
Avalanche ($AVAX) showed strength this week as well. It opened at $31.98, closed at $34.74, and peaked at $37.64. AVAX looks ready to push even higher, which is great to see for those who believe in its long-term potential.
However, a quick heads-up: a token unlock is scheduled for 12:00 UTC today, releasing 1.67 million tokens. We’ll have to watch closely to see if this stirs up any price volatility. If something crazy happens, I'll post a quick update—stay tuned!
Meme Coins on AVAX: What’s Happening?
Now, let’s talk about meme coins on Avalanche. It’s been a mixed bag. Meme coins like $COQ, $KIMBO, $HUSKY, and $KONG have all had a decent week, showing signs of revival. It’s cool to see some of the older meme coins making a comeback, that were all part of meme coin rush, so could this be the start of something bigger, or maybe a hint at something coming ? Maybe. If we start seeing Bitcoin dominance (currently in the 59–61% range) shift, we could be looking at the early signs of an alt season. But my personal take? Alt season isn’t coming until Q1 or Q2 next year. Bitcoin still has the spotlight for now.
But this is crypto, so who knows !!
Frustration Among Avalanche Meme Coin Fans
There’s been some chatter this week about a lack of action from the Avalanche Foundation when it comes to pushing meme coins and improving liquidity. With chains like Solana seeing massive volumes, the frustration is understandable.
I came across this awesome thread by Forefront Tak, breaking down the state of AVAX meme coins. It’s a great read, read the Forefront Tak thread on twitter Unsurprisingly, $COQ is leading most metrics, as expected for the largest meme coin on AVAX.
Interesting thread by Forefront Tak on X
It’s encouraging to see growing holder counts and wallet numbers—this could be a sign of new liquidity and speculative users entering the ecosystem.
Speaking of growth, Frosty Metrics reported a 417.5% increase in new AVAX DeFi wallets over the past week, largely thanks to @LFJ_gg.
One important point is that not all Dexes are linked through to Frosty metrics. So for example, new ones like Apex aren’t actually tracked by frosty metrics, although they are hoping to be added soon, which will be good to see.
I reached out to the Apex team, as it’s super interesting to see if this is a trend that is flowing down to all dexes, particularly those like Apex and Bellum that facilitate launching new tokens. And yes, they are seeing an uptick in new wallets, also in direct on ramping to avax via credit card and useage of the social log in feature of third web.
This is great to see, this means that we are hopefully starting to see these new, more speculative users joining the chain, This could also be more conservative/existing users of Avax, now looking into memes/defi etc as an option.
This links into my earlier thoughts about the frustration of people wanting
More talk
More action
More users
More liquidity
On the meme side of things.
Based on these stats, things are happening, however I do understand the frustration of people,but for me, we are still early, both in the space as a whole, but also in this cycle. Capital should start to rotate, both to avalanche and to meme coins.
I did hear that meme coin rush was going to be coming back, but with improvements and changes. Now this was a while ago and I haven’t heard anything since. It makes sense that tihis comes back after Avalanche 9000 and the ACP77 upgrade both go live. When it’s going to both easier and cheaper to start a custom layer1on Avalanche, but possibly more importantly for memes etc is that gas fees are going to be much cheaper. As Avax is already super cheap to use, this fact combined with the speed of the network is a great incentive for people buying and trading memes. This is especially prevelant if solana continues to have big outages like they saw last week, when the network was down.
Could the fact be, that Avalanche have built this tech and they are simply waiting for the right time to blow this up ????
Could this be what starts something that I talk about a lot. Could the great rotation to the red chain be starting ? I will be keeping an eye on this. I’d love to hear what people think about this, as it’s a hot topic and one that will be key to the success for avalanche.
So what do you think ? Let me know in the comment, as I’d love to hear what you all think.
Read the full Frosty Metrics thread here
Frosty metrics tweet on Avax defi wallets
Apex DEX: The Meme Coin Machine
Talking of launching tokens and also, the Apex dex in particular. One launch that caught my eyes on Apex this week was a new token called $NAUGHTY
It was launched on Apex under their burst section, which I have spoken about before, in a previous video. So watch that to understand burst.
Watch this video to see more on Apex burst
Essentially tokens are launched on a bonding curve and then when they hit that, the liquidity is added to various larger, more prominent dexes such as LFJ, Pangolin, Pharoh, as well as Apex itself. This has been running for a few weeks now, but what was special about $NAUGHTY, is that it absolutely smashed the burst time record.
It literally burst and bonded in seconds, which is great to see.
Now the launch of $NAUGHTY is following a bit of a narrative, that is playing out across a couple of recent $AVAX launches. With other recent launches that I have spoke about like $BOOTY and $JUICY and the way they are, in the words of $BOOTY founder One third nerd….
Making Avax sexy again
We all know this is the red chain,
Although things are pretty blue at the moment, but, all of this fun, unique takes and a unique narrative are all good in my eyes and can all bring eyes onto the chain.
Apex gaming partnership announced
Staying with Apex, they have also recently announced a new partnership with Eclipse gaming. This was summarised in a great thread by That techie boy,
You can read the That Techie Boy thread here
Eclipse is an Innovative gaming L1 with an exclusive tooling suite, bridging the gap between web2 and web3 gaming.
Apex is a dex on Avalanche, but what makes them unique is a number of things, I have spoken earlier about burst and how it allows anyone to launch a token, their tokens also use a new standard, which is the ERC3114. This is a new token standard which has a ton more utility than a standard ERC20 token.
Additional utilities are things like the ability to send Avax direct to the token address and receive the token in return, so no actual need for a DEX
A host of LP and single sided staking options for both the tokens launched on Apex, but also the ability to wrap an ERC20 token, get a 3114 version, that can then be added to the various pools/SSS on Apex to earn rewards, earning a mix of tokens , so both the token you stake and also $APEX, which is the native token to the Apex dex. They have enhanced interoperability between chains, increased accessibility, which broadens the reach of defi transactions. All of this means that Apex has pretty much transformed the peer-to-peer trading of meme and vanity tokens.
Their game-changing technology ensures:
Super easy trading. Effortless exchange of tokens, eliminating steps and the need for a dex. They have also improved security through a number of measures, all of these functions are perfectly suited to the requirements of an online game and will really transform the defi experience when used as part of a game, because any in game any transactions will be fast and secure.
The possibilities of integration going forward are also amazing, so this will be exciting to see this develops and what the detail of the future announcements are, it will awesome to see yet more real world applications and new users to avalanche.
Partnerships Galore for Avalanche
BlackRock Brings BUIDL to AVAX
The world’s largest asset manager, BlackRock, has tokenized its USD Institutional Digital Liquidity Fund (BUIDL) on Avalanche. This $500M+ fund is now the largest tokenized treasury fund globally.
What makes BUIDL exciting?
- Daily dividends are paid directly to wallets.
- The fund is backed by U.S. Treasury bills and repurchase agreements, offering stability.
With big names like J.P. Morgan and Citi also embracing Avalanche for tokenization, it’s clear traditional finance is taking blockchain seriously—and Avalanche is leading the charge.
Watford Football Club Joins the Blockchain
In a move that combines sports and crypto, Watford Football Club is tokenizing shares of the club on Avalanche. This lets fans purchase digital equity, giving them direct ownership of shares without middlemen. It’s faster, safer, and more transparent—exactly what blockchain technology promises.
Libeara, FundBridge, and Wellington Management
Another exciting partnership involves Libeara and FundBridge Capital, teaming up with Wellington Management to launch the Delta Ultra Short Treasury On-Chain Fund on Avalanche. This allows investors to buy U.S. Treasuries as digital tokens, making government-backed investments faster and more efficient.
The Bigger Picture
This week was a busy one for Avalanche, from wallet growth and meme coin launches to major partnerships and tech upgrades. With more real-world applications and big players like BlackRock and Wellington Management embracing the chain, Avalanche is solidifying its position as a leader in blockchain innovation.
For meme coin fans, the launch of projects like $NAUGHTY and partnerships with platforms like Eclipse Gaming are bringing fun and utility to AVAX. The narrative around the "red chain" is growing stronger, and the possibilities are endless.
What do you think about this week’s developments? Are we on the verge of a great rotation to Avalanche? Let me know in the comments—I’d love to hear your thoughts!
Stay tuned for updates on merch drops for Red Pepe, SQRCAT, and other projects. I’ll also be diving deeper into these developments in the coming days.