Avalanche Revenue Hits $18,660 Daily Record as AVAX Price Eyes Recovery

Avalanche has recorded a major increase in daily network revenue, with blockchain analytics platform Chainspect reporting $18,660 generated in a single day. The figure represents nearly three times the network’s previous daily record, highlighting increased economic activity across the ecosystem. Meanwhile, the AVAX price is attempting to defend the $8.00–$8.30 support zone as buyers look for a recovery. Crypto analyst Crypto With Gopal has identified an inverse head-and-shoulders pattern, with a potential breakout above $9.20 putting the $10 level in focus.