Top Highlights

• Since mid-January last year, Avalanche shot up from $15.8 to a new 18-month high of $48 in December. However, it has started the year poorly and in the past week, it has lost over 10% as its upward momentum continues to dwindle.
• Investors’ interest in the token soared in December when the trading volume consistently exceeded $1.5 billion
• , Avalanche remains in the top 10 cryptos, just ahead of Dogecoin.
• But while the price and volume decline, the on-chain fundamentals remain strong. Since the year started, the daily active addresses and transactions have increased.
• relative strength index has dipped from 72.13, which indicates an asset is overbought, to 45, just above weak, showing investors are cooling off their interest in the project

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