Avalanche’s AVAX Plummets 18% Weekly Despite Institutional Backing Failing to Prop Up Market

Avalanche's native token continues its brutal descent—defying institutional support that was supposed to be its safety net.
The Institutional Mirage
Major backing from financial heavyweights isn't translating into market momentum. AVAX keeps bleeding value while traditional finance players watch from the sidelines.
Technical Breakdown
The blockchain's infrastructure upgrades aren't compensating for macroeconomic headwinds crushing altcoins. Network activity metrics show declining DeFi engagement despite recent ecosystem expansions.
Market Reality Check
When institutional endorsements become buying opportunities for short sellers rather than retail investors, you know crypto's in its 'find out' phase following the 'fuck around' era of easy money.