In my opinion, Avax is far behind compared to other coins. I expect it to rise to around $100-150 in the medium term. Currently, it can be purchased between $40-41. If it stays above $50 in the short term, it will continue to rise. I plan to buy a little more with each decline.
There are many reasons why it remains behind. But the most important thing is that artificial intelligence coins and new projects are popular. The money flow is in this direction.
Apart from this, Bitcoin gained great demand after EFT approval. At this rate, demands will continue to increase.
BlackRock purchased another 4,800-odd Bitcoins. He holds 195,985 ($13.5 Billion) BTC.