Avalanche🔺 priceAVAX

LATEST: The United Nations Development Programme (UNDP) launches a Blockchain Advisory Group. The group brings together 26 organizations • Algorand Foundation • Arbitrum Foundation • Avalanche Foundation • Blockchain for Good Alliance • Blockchain for Impact • Cardano Foundation • Celo Foundation • Cointelegraph • Interchain Foundation (Cosmos) • Dfinity Foundation • Dubai Blockchain Centre • Ethereum Foundation • Exponential Science Foundation • Filecoin Foundation • FLockio • Funding the Commons • Giveth • InfStones • Kraken • NEARWeek • Nordic Blockchain Association • Partisia Blockchain Foundation • Stellar Development Foundation • Sui Foundation • The Blockchain Center Abu Dhabi • Web3 Foundation

ETF FLOWS: US SPOT CRYPTO ETFs FLOWS DATA UPDATE (08-06-2026) YESTERDAY 🟥 Bitcoin ETFs: -1,439 $BTC (-$91.37M) 🟩 Ethereum ETFs: +48,857 $ETH (+$82.37M) 🟥 SOLANA ETFs: -6.99K $SOL (-$471.65K) 🟩 HYPE ETFs: +38.61K $HYPE (+$2.47M) 🟩 CHAINLINK ETFs: +224.44K $LINK (+$1.81M) 🟩 AVAX ETFs: +26.95K $AVAX (+$183.85K) 🟩 POLKADOT ETFs: +362.60K $DOT (+$358.61K) 🟩 $BNB, $XRP, $LTC, $DOGE, $HBAR Flows Was Zero. TOTAL US SPOT CRYPTO ETFs OUTFLOW: ≈ -$4.65M U.S. BITCOIN ETFs SOLD ~1,439 BTC Worth $91.37M 🇺🇸 BlackRock ETF Has SOLD ~3,670 BTC for $213.65M And BOUGHT 26,520 ETH for $44.72M 🇺🇸 Fidelity ETF Has BOUGHT 936 BTC for $59.37M And 16,940 ETH for $28.57M 🇺🇸 Bitwise ETF Has BOUGHT 223 BTC for $14.12M And 1,790 ETH for $3.02M 🇺🇸 ARK 21Shares ETF Has BOUGHT 995 BTC for $63.14M And 749 ETH for $1.26M 🇺🇸 Morgan Stanley ETF Has BOUGHT 77 BTC for $4.91M 🇺🇸 Grayscale ETF Has BOUGHT 4,750 ETH for $8M 🇺🇸 VanEck ETF Has SOLD 2,190 ETH for $3.70M 🇺🇸 Invesco ETF Has BOUGHT 298 ETH for $503K Fact: U.S. Spot Bitcoin ETFs SOLD Nearly 3 Days Mined BITCOIN Supply Yesterday.

The cryptocurrency market continues to display bullish momentum as Bitcoin (BTC)$BTC maintains strength above key support zones, providing a favorable environment for altcoins and emerging ecosystem projects. Market participants remain focused on liquidity expansion, institutional participation, AI-related innovations, Real World Asset (RWA) adoption, and growing on-chain activity. Market Leaders BTC remains the primary market driver, sustaining positive momentum and supporting broader market confidence. ETH continues to benefit from increasing network activity, staking demand, and institutional interest. SOL, XRP, BNB, and AVAX maintain healthy market structures with strong trader participation. Strong Altcoin Momentum Projects including ALT, BGB, ENJ, STO, BSB, XCX, RAVE, EDGE, RIVER, POWER$POWER , YB, KERNEL, MYX, AIA, BLESS, PRL, TAO, ORDI, SATS, CTSI, PEPE, PENDLE, DOGE, NEIROCTO, AXL, SWELL, JTO, MEZO, CYS, ROBO, TRADOOR, GENIUS, RED, TRUST, BIO, CORE, UAI, IRYS, ALPH, BTR, ORCA, HYPER, RAY, BLEND, PENGU, SONIC, PROS, AUDIO, ZEREBRO, NAORIS, TLOS, ENSO, SKYAI, LAB, BILL, DOGS, JUP, KAIO, REZ, DEEP, SUI, HYPE, WLD, FET, NEAR, GRASS, PHA, RHEA, DRIFT, DEXE, ICP, INJ, STG, PORTAL, IAG, TON, ONDO, ENA, VELVET, HOME, BANK, SAHARA, OMI, MOVE, LIGHT, and RATS $RATS continue attracting speculative and ecosystem-driven attention. AI & Infrastructure Narrative AI-related assets such as AIGENSYN, SKYAI, CGPT, LAB, IRYS, GENIUS, PREOPAI, NAORIS, COOKIE, OPEN, ESIM, and HYPE are benefiting from continued interest in decentralized AI infrastructure and data-layer solutions. DeFi & Yield Opportunities JTO, PENDLE, SWELL, APR, DEEP, ORCA, RAY, DRIFT, DEXE, ENA, and ONDO are showing resilience as traders pursue staking, restaking, yield-generation, and liquidity opportunities. RWA & Institutional Trend The RWA sector remains one of the strongest themes in the current cycle. RWA, ONDO, XAUT, RLUSD, USDC, TRUST, WLFI, and related infrastructure projects continue to gain attention as traditional finance increasingly intersects with blockchain technology. On-Chain Activity On-chain metrics indicate: Healthy network participation. Growing wallet activity across major ecosystems. Sustained stablecoin liquidity. Increased developer engagement in AI, DeFi, and infrastructure sectors. Strong community accumulation across selected mid-cap and emerging projects. Outlook Overall market structure remains bullish while Bitcoin holds critical support levels. Capital rotation into quality altcoins, AI infrastructure, DeFi protocols, and RWA projects suggests continued opportunities across the market. Traders should monitor volume expansion, on-chain growth, and macroeconomic developments for confirmation of the next leg higher. Market Bias: Bullish 📈 Risk Level: Moderate Focus Sectors: Bitcoin, AI, DeFi, RWA, Infrastructure, Layer-1 Ecosystems, On-Chain Growth

$AVAX (1h) - Short Rejection Bias: Short Entry (Zone): 6.74 - 6.82 Targets: TP1: 6.60 TP2: 6.45 TP3: 6.25 Stop Loss: 6.92 Why this Setup: I still see AVAX trading below the prior breakdown area and struggling to build a clean recovery. I want to short any rejection near resistance, as the structure still favors continuation back toward the lower support levels.

$AVAX (1h) - Resistance Rejection Bias: Short Entry (Zone): 6.62 - 6.78 Targets: TP1: 6.34 TP2: 6.12 TP3: 5.86 Stop Loss: 6.96 Why this Setup: I see AVAX stalling into a clear supply zone after a sharp drop, and the recent bounce is losing momentum. I want to fade this move while price stays below the recent swing high, with room for a pullback toward the lower support levels.