Avalanche price outlook as AVAX spot ETFs extend zero net inflows streak

  • Avalanche spot ETFs have extended their zero net inflows streak to 16 days.
  • The AVAX token has traded lower amid the laggard ETF market.
  • If bulls flip the picture, AVAX could target $16 and then $20 in the next leg up.

Avalanche (AVAX) price faces downward pressure near $9.00 as its spot exchange-traded funds (ETFs) mark yet another milestone in investor apathy.

Despite gains of nearly 4% this past week, zero net inflows persist and could accelerate amid a sluggish altcoin market.

Avalanche spot ETFs’ “bad” net inflows streak

While spot Bitcoin ETFs have shown intermittent days of net inflows and outflows over the past month, the two spot AVAX ETFs have established a long streak of no net inflows.

SoSoValue data indicates that VanEck’s VAVX and Grayscale’s GAVA have recorded zero net inflows for sixteen consecutive trading days, a streak that began on March 18, 2026.

This drought follows a brief surge on March 17, when the funds attracted $246,000 in combined net inflows, building on $532,000 that flowed in earlier that week.

Since then, however, capital has stalled completely, mirroring broader altcoin fatigue in a Bitcoin-dominated market.

As of April 10, 2026, cumulative net inflows for the ETFs total $9.76 million, with daily trading volume remaining anemic at $251,800.

The funds collectively manage $17.14 million in assets under management (AUM), representing just 0.43% of AVAX’s circulating market cap.

This limited exposure highlights the challenges in drawing institutional interest to Avalanche’s ecosystem, despite its strengths in high-throughput blockchain scaling and subnet technology.

Avalanche price outlook

Market observers link the inflows freeze to macroeconomic caution and geopolitical tensions dampening risk appetite.

ETF analysts note that without fresh capital, these products struggle to provide the liquidity boost seen in Bitcoin and Ethereum counterparts, potentially prolonging AVAX’s price consolidation.

AVAX has failed to hit sustained upside momentum since the token tested resistance near $35 in September 2025.

The subsequent plunge below the critical $10 psychological level has left bulls on the defensive, as sellers dominate amid fading on-chain activity and reduced DeFi TVL on Avalanche’s network.

Currently, AVAX trades around the $9.00 support zone, where the Supertrend indicator gives bears the advantage.

However, a fragile uptick over the past week offers slim hope for upward momentum or stabilization as bulls eye $10.00.

Avalanche Price Chart
Avalanche price chart by TradingView

Technical indicators signal this possibility, with the Relative Strength Index (RSI) hovering just above 50 on the daily chart.

Analysts have also pointed to the resilience of the broader crypto market as one likely to support a clean break above $10.20.

If bulls invalidate the downtrend, the immediate target will be the $12-$16 region. Highs of $20 could attract bullish traders.

However, failure to hold $9.00 risks acceleration toward $8.50, opening the door to a retest of the year-to-date lows of $7.53 reached on February 6.

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Japan approves bill to classify crypto as financial assets

  • Cryptocurrencies now fall under Japan’s securities-style financial laws.
  • Insider trading rules and stricter disclosures will apply.
  • Lower taxes may boost investor and institutional participation.

Japan has taken a major step in reshaping how it treats cryptocurrencies.

A new bill approved by the government moves cryptocurrencies into the category of financial assets, placing them closer to traditional investment products such as stocks and bonds.

Following the approval, Japan now no longer views crypto just as a payment tool, but as part of its wider financial system.

This change is expected to have a wide impact on exchanges, investors, and crypto companies operating in Japan.

A shift from payment tools to financial instruments

For years, cryptocurrencies in Japan were mainly treated as a means of payment under a lighter regulatory framework. That approach is now being replaced with a more structured system based on financial market rules.

Under the new bill, cryptocurrencies will fall under the Financial Instruments and Exchange Act.

This is the same legal framework used to regulate traditional securities. In simple terms, crypto is being pulled into the same category as regulated financial products like equities.

This change is not just about classification. It also changes how the market is expected to behave.

Cryptocurrency exchange platforms and issuers will now be required to follow stricter rules around transparency, reporting, and operational conduct.

The aim is to make the crypto market function with the same level of structure and accountability seen in conventional financial markets.

Stronger investor protection and market discipline

One of the most important parts of the new framework is the introduction of stricter rules around market fairness.

The bill introduces restrictions similar to those seen in stock markets, including clear prohibitions on insider trading in crypto markets.

This means individuals with access to non-public information about tokens or projects will not be allowed to use that information for trading advantage, which will greatly reduce manipulation and unfair practices in the sector.

In addition, crypto companies and exchanges will face tougher disclosure requirements. They are expected to provide regular and detailed information about their operations and token-related activities.

This is designed to give investors a clearer picture of what they are dealing with before making financial decisions.

Penalties are also being strengthened.

Operating without proper registration or violating market rules can now lead to heavier fines and stricter legal consequences, including prison sentences in serious cases.

The intention is to discourage bad actors and improve overall trust in the system.

These changes reflect a broader effort to build a safer trading environment as Japan tries to reduce risk in a market that has often been criticised for volatility and lack of transparency.

Cryptocurrency tax changes

Alongside regulatory reform, there is also discussion around tax adjustments that could make crypto investment more attractive.

One of the key expected changes is a shift toward a flat capital gains tax rate of around 20%.

This would bring crypto taxation closer to the system used for traditional investments and significantly lower the burden compared to previous progressive rates.

A simpler and more predictable tax structure could encourage more individual and institutional participation in the market. It also removes one of the long-standing barriers for investors who were hesitant due to complex tax obligations.

At the same time, the new legal framework opens the door for greater institutional involvement.

With crypto now treated as a financial asset, banks, asset managers, and investment firms may find it easier to enter the market.

This could eventually lead to the development of regulated crypto investment products, including exchange-traded funds.

The broader shift in Japan’s financial strategy

Japan’s decision is part of a larger effort to modernise its financial system.

By aligning crypto with traditional financial instruments, the country is building a framework that supports both innovation and regulation at the same time.

This move also positions Japan as one of the more structured crypto markets globally.

While some regions continue to debate how to regulate digital assets, Japan is moving ahead with a clear legal classification and enforcement structure.

The long-term goal appears to be creating a stable environment where digital assets can grow under established financial rules.

If successful, this approach could attract more global capital and strengthen Japan’s position in the evolving digital economy.

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Toncoin jumps near $1.30 as whale buying fuels breakout hopes

  • Toncoin whales have accumulated over 189,700 TON in three months.
  • Heavy accumulation comes as TON activates the Catchain 2.0 upgrade.
  • ​TON price rose to intraday highs of $1.32, could eye $1.89-$2.40 next.

Toncoin (TON), the cryptocurrency token of the Telegram-supported TON Blockchain, is trading higher on the day amid signs of renewed investor interest.

On Friday, the Toncoin price hovered at $1.30 as large holders, or “whales,” scooped up more tokens. The accumulation comes amid a tentative broader market recovery.

​Toncoin price tests $1.30 zone amid whale accumulation

Toncoin’s price has climbed 4% in the past 24 hours, hovering near the critical $1.30 resistance zone.

The token reached an intraday high of $1.32 during the Asian trading session.

Buyers helped push trading volume up, with the metric spiking 104% as of writing to $160 million, marking a 45% increase from the previous day’s average.

This uptick arrives as Bitcoin holds above $71,000 amid bets on a new leg to $80,000.

Notably, TON’s momentum aligns with this backdrop, particularly as the network’s 100 largest whale addresses have collectively scooped up an additional 189,730 $TON over the past three months.

This accumulation persists despite broader market headwinds.

Analysts at Santiment highlighted what’s likely bullish in a post:

“Even with the #29-ranked coin in crypto losing two-thirds of its market cap since its local top in early August 2025, this heavy accumulation is a promising sign that a relief rally may come quickly once crypto markets finally turn the page from this bear cycle.”

Whale activity often points to fresh confidence in a project, and the aggressive buying shows interest in Toncoin’s underlying ecosystem.

The token is tied to the Telegram-integrated TON blockchain, which continues to expand through decentralized applications and mini-apps.

TON price is looking to bounce higher as the community cheers the Catchain, an upgrade designed to boost network throughput and block processing capacity.

In a post on X, Telegram CEO Pavel Durov commented on how bullish this upgrade is for Toncoin, noting that it marks the first step in a 7-stage Make TON Great Again (MTONGA) vision.

What’s next for Toncoin price?

Such large-scale buying often precedes price reversals, as these investors position for potential rebounds.

Toncoin’s technical picture indicates that the price remains entrenched in a downtrend that began in June 2025, when it peaked above $8.20.

Persistent selling has resulted in a 84% decline in its value.

Toncoin Price Chart
Toncoin price chart by TradingView

Bulls are not out of the woods yet, but a decisive break above $1.35 could ignite fresh upside momentum.

In this case, a potential target in a fresh rally would be the next resistance cluster around $1.89-$2.00. Significant supply pressure could follow at $2.40, an area of prior profit-taking deals.

Conversely, if sellers regain control, primary support levels beckon at $1.15.

A drop below $1.00 could accelerate selling toward $0.85, the multi-month low.

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XRP stalls below $1.38 as weak momentum keeps breakout at bay

  • XRP price has slipped after failing to hold the $1.38 resistance level.
  • Momentum stays weak as volume and buying pressure remain low.
  • Price is compressed between $1.32 support and $1.39 resistance.

XRP slipped back after briefly pushing toward $1.38, marking another failed attempt to break higher.

Notably, XRP has spent the past several days moving between roughly $1.32 and the upper resistance zone near $1.35–$1.39.

But each push higher has struggled to attract enough buying pressure to sustain a breakout, and as a result, the market remains stuck in a tight range, with neither bulls nor bears fully in control.

Weak momentum keeps upside in check

One of the biggest issues for XRP right now is the lack of momentum.

Even with the impressive gains, the strength behind those gains is limited. Indicators are hovering around neutral levels, showing that buyers are not stepping in aggressively.

Volume has also been inconsistent, and in some cases, it has even declined during upward moves. That is usually a warning sign that the rally may not last.

This weakness becomes even more noticeable when compared to the broader market.

Bitcoin has been leading recent gains, lifting many altcoins along with it and while XRP has followed this trend, it has not shown much independent strength of its own.

That matters because externally driven rallies tend to be fragile.

If Bitcoin slows down or pulls back, XRP could quickly lose support and fall back into its lower range.

Without a strong internal catalyst, it is difficult for XRP to break away from this pattern.

A market in compression, not in trend

While momentum remains weak, there is another side to the story that cannot be ignored.

XRP’s supply on exchanges appears to be tightening, suggesting that more holders are choosing to keep their tokens rather than sell.

XRP supply on exchanges thining
Source: CryptoQuant

At the same time, there is very little leverage in the market. Traders are not taking large speculative positions, which reduces the chances of sudden, exaggerated moves in either direction.

This combination creates what would be termed a compression phase, since the price is not moving much, volatility is shrinking, and participation is relatively low.

XRP breakout potential vs downside risk

The current setup leaves XRP at a crossroads. On one hand, the tightening supply and improving broader sentiment suggest that a breakout is possible.

On the other hand, the lack of momentum and weak participation make it difficult to trust any move higher without confirmation.

If XRP manages to hold above the $1.28–$1.31 support zone, another attempt at testing the $1.35–$1.39 resistance zone is likely.

XRP price analysis
Source: TradingView

And a decisive push above $1.39, supported by stronger trading activity, could shift sentiment and push the price towards the multi-month resistance at $1.43.

However, the downside risk is just as important. A break below the $1.32–$1.33 support zone could lead to a quicker drop, with analysts highlighting $1.28 as the next support level to watch.

If selling pressure increases further, deeper support near $1.13 could come into focus.

For now, the market is not trending but rather preparing for its next move.

The pullback from $1.38 highlights the lack of strength, but it also reinforces how tightly price is coiling, and the longer XRP remains in this range, the more meaningful the eventual breakout or breakdown is likely to be.

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Bitcoin price forecast as traders bet on $80,000 next

  • Bitcoin trades above $70,700 as derivatives data shows $80,000 calls dominating on Deribit.
  • BTC rebounded to near $72,900 on Wednesday as a US-Iran ceasefire eased oil pressures.
  • Analysts see end of stress cycle, targeting $80,000 if $75,000 breaks.

Bitcoin’s resurgence to above $70,000, with intraday highs of $72,900, has crypto enthusiasts in an upbeat mood. The cryptocurrency hovers near $70,800 as of writing, off highs seen on Wednesday, but bulls are upbeat as fresh market signals point to a potential breakout.

Traders bet on next leg up for Bitcoin

Bitcoin is well off its year-to-date highs and has struggled since breaking lower in late January 2026. Bears are therefore still on the hunt.

However, this week has investor sentiment shifting bullish, fueled by the US-Iran ceasefire and key activity in Bitcoin derivatives. Data suggests investors are eyeing a potential rally to $80,000.

Options data from Deribit, the platform that accounts for the lion’s share of the global crypto options market, shows bullish bets on prices surging to $80,000 have increased.

Call options betting on BTC climbing beyond the $80k strike price have hit $1.6 billion. This is a stark reversal from recent months when $60,000 puts, which outline wagers on price drops, dominated the outlook.

On-chain data also supports the bullish case, with Morgan Stanley’s ETF debut netting over $34 million in volume.

Allyson Wallace, global head of ETFs at Morgan Stanley, commented ahead of the launch: “The demand, especially from the high-net-worth investors, has been quite high. Viewed at the firm level, this is an asset class that is not going away.”

Bitcoin price prediction

The crypto market began the week with all eyes on Bitcoin. Notably, BTC bounced to highs near $72,900, hitting levels last seen since March 18. The uptick saw buyers push from lows near $67,700 overnight Tuesday, April 7, amid news of a ceasefire between the US and Iran.

Bitcoin Price Chart
Bitcoin price chart by TradingView

Investors buoyed by the prospect of an easing in oil prices helped BTC higher. With broader inflation concerns dissipating, a further strengthening in the ceasefire could see Bitcoin prices break to $75,000. If this happens, the next target will be $80,000 or higher.

However, geopolitical risks remain amid a likely fragile ceasefire. If fresh attacks begin and an escalation occurs, a surge in oil prices could send risk assets plummeting.

Signs of strain in the ceasefire emerged quickly, with Iran’s parliamentary speaker Mohammad Bagher Ghalibaf accusing the US of violating the agreement, citing continued Israeli strikes on Lebanon, a drone incursion, and disputes over uranium enrichment.

President Donald Trump maintained a hardline stance, warning of escalation if terms are breached, while limited traffic through the Strait of Hormuz highlights ongoing uncertainty over the truce’s durability.

“Bitcoin’s stress cycle is ending, but not yet reversing,” CryptoQuant analysts noted early Thursday. “Risk remains present… But for investors with a cycle-aware framework, the data suggests we are closer to the beginning of an opportunity than the end of one.”

Losses could bring BTC to support near $65k, with $60k a major demand reload zone.

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