Why Do Analysts Believe Avalanche Is an 'Undervalued' Project?

Amid the recent crypto downturn, Avalanche $AVAX stands out with a remarkable 79% weekly gain

This price surge can be mainly attributed to AVAX's recent partnerships, increased trading volumes, and a rise in total value locked

Avalanche's Total Value Locked (TVL) has soared by 82% in the last three months, reaching $894 million, while trading volume surged by a whopping 2,436%

Recently, traditional financial giants JPMorgan and Citi partnered with the Avalanche Foundation for real-world asset tokenization

Experts Ryan Mcmillin and Henrik Andersson believe AVAX is on the verge of a significant market shift, outperforming major players in 2024.