Avalanche Price Eyes Major Rally: Could November Bring 40% Gains?

Avalanche (AVAX), a Layer 1 blockchain token, has recently recorded a remarkable 30% price surge. This increase aligns with a broader cryptocurrency market rebound triggered by the outcomes of the U.S. elections. While most digital assets are experiencing notable gains, AVAX has seen a minor correction over the last 24 hours. Despite this short-term dip, the token appears poised to achieve 40% growth this month, reflecting strong investor confidence and market momentum.