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While the larger cryptocurrency market is facing a correction, Avalanche (AVAX) seems to be defying the trend. According to CoinGecko, Avalanche (AVAX) has registered a 9.8% rally in the last 24 hours, a 17.5% rally in the last week, a 36.5% rally in the 14-day charts, and 33.5% over the previous month. AVAX’s rally is quite surprising, given that most other crypto assets are trading in the red zone today. Let’s discuss why AVAX is behaving differently. Source: CoinGecko What’s Behind Avalanche’s Anomalous Rally? Source: Securehindi Avalanche’s (AVAX) divergent upswing could be due to updates around Grayscale’s Avalanche Trust. According to reports, the project has submitted a filing to convert the trust into a spot ETF. Grayscale initially submitted its S1 filing in late August. The decision to convert the trust into a spot ETF may have boosted investor confidence. Avalanche (AVAX) also witnessed a breakout rally in mid-September after Bitwise applie...

Dogecoin , along with the entire crypto market, is in a very volatile position. The asset has dropped considerably in the past week due to a market crash. At press time, the asset is down to $0.096, an 8% decrease over the last seven days. The crypto market is showing a slow recovery, but it will take time for most assets to get back to steady green territory. Despite the recent downturn, trading volume around DOGE remains up, as traders appear to be buying the dip. There is bullish speculation around a DOGE rebound, with some indicators that the rebound could gear towards a new all-time high. One trader in particular projected on Tuesday that Dogecoin is poised for an upward surge. Alan Santana on X says that the $1 dream for DOGE is closer to coming true than it appears. In fact, by 2025 it can explode to as high as $2.50, the analyst suggests. Also Read: Dogecoin: Can $1000 Worth of DOGE Become $1 Million by 2030? Source – StormGain According to Santana, the accumulation zone f...