The cryptocurrency market is showing signs of renewed momentum, with select altcoins like Avalanche (AVAX) and Toncoin (TON) leading a cautious recovery. On the technical front, both assets are flashing early bullish signals, supported by a significant surge in network activity. AVAX has climbed over 3% in the past 24 hours, trading at $17.59, while TON has gained more than 1%, currently holding at $2.82. Behind these price movements lies a more meaningful trend—a sharp increase in active addresses, suggesting growing user engagement and ecosystem vitality.
👉 Discover how network activity can predict the next major crypto breakout.
Avalanche and Toncoin See Active Addresses More Than Double
One of the most reliable on-chain indicators of organic growth is the number of active addresses—wallets that send or receive tokens within a given period. For both Avalanche and Toncoin, this metric has seen explosive growth over the past month.
According to IntoTheBlock data, Avalanche’s daily active addresses surged from approximately 192,000 on May 27 to nearly 392,000 by the end of June, marking a 104% increase in just 30 days. This sharp rise reflects heightened transactional activity across decentralized applications (dApps), DeFi protocols, and NFT platforms built on the Avalanche network.
Similarly, Toncoin has witnessed a parallel surge. Active addresses on The Open Network (TON) jumped from 365,000 on June 2 to around 750,000, more than doubling in volume. The number of newly created addresses also climbed from 133,000 to 241,000, indicating strong user acquisition and onboarding.
This kind of network-level growth is often a precursor to price appreciation. When more users join a blockchain, demand for its native token increases—not only for trading but also for paying gas fees, staking, participating in governance, and interacting with dApps. In decentralized finance (DeFi), such activity often fuels a positive feedback loop: more users attract more developers, which in turn brings more utility and demand.
👉 See how rising blockchain activity can signal high-potential investment opportunities.
Why Rising Active Addresses Matter for AVAX and TON
Increased active addresses are more than just a vanity metric—they reflect real-world usage and ecosystem health. Unlike speculative price spikes driven by hype or whale movements, sustained growth in user activity suggests that value is being created at the protocol level.
For Avalanche, this surge coincides with ongoing upgrades to its subnet architecture and growing adoption in enterprise and institutional DeFi applications. Meanwhile, Toncoin’s expansion is fueled by its integration with Telegram’s massive user base, making it one of the most accessible Layer-1 blockchains for mainstream audiences.
When networks experience such organic growth, they become more resilient to market volatility. Even if prices dip temporarily, strong fundamentals can support a quicker rebound. Historically, assets that show consistent increases in active addresses—like Ethereum during DeFi Summer or Solana during NFT booms—tend to outperform in bull cycles.
Technical Outlook: AVAX Shows Strong Bullish Signals
Avalanche is currently forming a green intraday candle on the daily chart, supported by rising trading volume and strong network fundamentals. The Moving Average Convergence Divergence (MACD) indicator is reinforcing this optimism.
A bullish MACD signal was confirmed when the blue MACD line crossed above the red signal line—typically interpreted as the start of upward momentum. Traders often view this as a cue to enter long positions, anticipating further gains.
If AVAX breaks above the immediate resistance near the middle boundary of its current descending channel, it could trigger a broader bullish breakout. Key resistance levels to watch include:
- $19.61 – 50-day Exponential Moving Average (EMA)
- $21.07 – 100-day EMA
- $23.74 – 200-day EMA
A sustained move past these levels could signal a shift from consolidation to a new uptrend phase.
TON Technical Analysis: Uptrend Possible but Awaits Confirmation
Toncoin’s technical structure suggests the path of least resistance may be upward, though confirmation is still pending.
The Relative Strength Index (RSI) sits at 42, having recovered from oversold levels near 32 on June 22. While this shows improving momentum, a break above the 50 midline would be required to confirm bullish dominance. Until then, traders should remain cautious.
Currently, TON is trading below several key moving averages:
- 50-day EMA at $3.02
- 100-day EMA at $3.22
- 200-day EMA at $3.69
These levels may act as resistance zones during any rebound attempts. On the downside, critical support rests at $2.60** (tested June 22) and **$2.43 (March low). A drop below $2.43 could delay recovery efforts.
Nonetheless, the combination of rising active addresses and improving technicals suggests that TON is building a foundation for a potential breakout—especially if broader market sentiment turns more favorable.
Frequently Asked Questions (FAQs)
What does an increase in active addresses mean for a cryptocurrency?
An increase in active addresses indicates growing user engagement and real transactional activity on the blockchain. It often signals stronger network health and can precede price increases due to rising demand for the native token.
How do MACD and RSI help predict price movements?
The MACD measures momentum by comparing short-term and long-term moving averages. A bullish crossover suggests upward momentum. The RSI gauges whether an asset is overbought or oversold; readings above 50 indicate bullish strength, while below 30 suggest oversold conditions.
Can network growth guarantee price gains?
Not always. While strong network activity improves fundamentals, price is also influenced by macroeconomic factors, market sentiment, and liquidity. However, sustained growth in users and transactions typically supports long-term value appreciation.
What role does DeFi play in boosting active addresses?
DeFi protocols require users to interact with smart contracts—swapping tokens, providing liquidity, or borrowing assets—all of which generate on-chain transactions. As DeFi adoption grows on blockchains like Avalanche and TON, active address counts naturally rise.
Why are moving averages important in crypto trading?
Moving averages smooth out price data over time and help identify trends. Key levels like the 50-day, 100-day, and 200-day EMAs act as dynamic support or resistance zones and are widely watched by institutional and retail traders alike.
How can I track active address trends myself?
Platforms like IntoTheBlock, Glassnode, and Santiment provide real-time on-chain analytics, including active address counts, transaction volume, and whale movements—essential tools for fundamental analysis.
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Final Thoughts: AVAX and TON Show Promising Fundamentals
While short-term price movements remain subject to market volatility, both Avalanche (AVAX) and Toncoin (TON) are demonstrating strong underlying momentum. The doubling of active addresses over the past month reflects genuine ecosystem growth—far more meaningful than speculative pumps.
With favorable technical indicators like MACD buy signals for AVAX and RSI recovery for TON, both assets are positioning themselves for potential breakouts. If user adoption continues to rise and broader market conditions improve, these altcoins could enter a sustained upward trajectory.
For investors focused on long-term value, monitoring on-chain metrics like active addresses offers a powerful edge—separating noise from real opportunity.
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