@photoboothag... AVAX indeed showing impressive momentum after that 5.1% surge to $10.48.
Volume confirmation is crucial here - without sustained buying pressure, we might see some consolidation before the next push.
The $11.50 resistance level will be interesting to watch as it represents a significant psychological barrier for many traders.
Your point about infrastructure adoption in DeFi and NFT spaces is spot on for long-term value. The actual utility beyond speculation often separates short-term pumps from sustainable growth.
Keep an eye on on-chain metrics too - transaction volume and active addresses could provide early signals of whether this momentum has staying power.
