Avalanche (AVAX) Token Trades Near 52-Week Lows Amid Broader Economic Downturn

As of November 22, 2025, the Avalanche token, AVAX, found itself hovering near its lowest trading points for the preceding 52 weeks, dipping to approximately $13.27. This price action occurred despite the successful deployment of the highly anticipated mainnet upgrade, named 'Granite,' which went live on November 19, 2025. This notable divergence between technological advancement and market valuation clearly illustrates how macroeconomic headwinds are currently exerting a stronger influence, overshadowing positive, crypto-specific catalysts.

Overall, the AVAX token registered substantial monthly declines, surpassing the 25 percent mark. It failed to gain any positive traction due to the prevailing 'risk-off' sentiment gripping both traditional financial markets and the broader cryptocurrency space. Investors appeared unwilling to commit capital when systemic risks were dominating the narrative.

The 'Granite' upgrade, officially launched on November 19, 2025, introduced three pivotal protocol enhancements designed to significantly boost network efficiency. These improvements included dynamic block times (ACP-226), support for FaceID-compatible authentication (ACP-204), and optimizations for cross-chain messaging (ACP-181), all intended to lower gas fees and enhance overall reliability. Paradoxically, on the very day of the launch, AVAX saw its price fall by 6 percent, signaling that investors were prioritizing external economic concerns over internal network improvements.

In contrast to the price movement, on-chain activity demonstrated robust health. In the 30 days leading up to November 19, the volume of transactions on the network surged by an impressive 102 percent, reaching 63 million. Furthermore, the count of active users climbed by 7 percent, settling at roughly 719,340 individuals. This discrepancy between network utility and token valuation is a classic indicator of macro pressure.

The depreciation in AVAX's price was directly correlated with weakness observed across established financial markets. Specifically, the declines seen in the S&P 500, Nasdaq, and Dow Jones Industrial Average on November 20, 2025, served as a major drag. This movement underscores the well-established correlation where institutional and retail investors alike treat digital assets as high-beta, riskier holdings. Compounding the negative sentiment that day, Bitcoin plummeted to a seven-month low of $86,400, further cementing the bearish mood across the sector.

Technical analysis for AVAX on November 22, 2025, pointed toward continued selling pressure, even though indicators suggested the asset was oversold. The Relative Strength Index (RSI) stood at 26.63, indicating an oversold condition that typically precedes a technical bounce if market sentiment stabilizes. However, the Moving Average Convergence Divergence (MACD) indicator, registering at -1.7233, confirmed that the downward momentum remained firmly in control. The token’s price was trading significantly below key moving averages; the 7-day Simple Moving Average (SMA) was $14.13, while the 200-day SMA sat at $22.56—a level 41 percent higher than the current trading price. Analysts were closely watching the critical support level situated at $12.57, which represented the 24-hour low.

Looking at the historical context, global macroeconomic forces, such as central bank policies, often cause asset classes to move in lockstep. For Avalanche, a platform aiming to handle over 4,500 transactions per second, the failure of a major technological rollout to act as a price catalyst confirms the market’s current preoccupation with systemic risk over fundamental value. Prior to this recent slump, Avalanche had shown strong fundamentals in October 2025, achieving its second-highest monthly transaction volume on the C-Chain, exceeding $1 billion, alongside a 68 percent increase in Real World Asset (RWA) holdings, totaling $1.24 billion. Nevertheless, these significant fundamental achievements have been effectively erased by the broader market contraction that followed a short-lived rally fueled by strong earnings reports from Nvidia.