Deep Dive
1. Coinbase Listing (Bullish Impact)
Overview: AVNT went live on Coinbase on 9 September 2025, with spot trading launching the same day (Coinbase Markets). The listing followed AVNT’s expansion to Binance, Bybit, and Gate, broadening institutional and retail access.
What this means: Major exchange listings typically trigger buying pressure as traders anticipate liquidity influx and arbitrage opportunities. AVNT’s 24h volume surged 101.17% to $276M, confirming heightened activity. The “Experimental” label on Coinbase signals caution but also reflects growing adoption of Base-chain projects.
What to look out for: Sustained volume post-listing and whether AVNT maintains its position in Coinbase’s top-traded assets.
2. Airdrop-Driven Speculation (Mixed Impact)
Overview: WEEX Exchange launched a $50,000 AVNT airdrop on 9 September, requiring users to trade AVNT to qualify (WEEX). MEXC also ran a $60,000 AVNT promotion ending 18 September.
What this means: Airdrops incentivize short-term buying but risk sell-offs once rewards are claimed. The 24h price-volume spike (+36.45% price, +101% volume) suggests coordinated participation, though turnover (volume/market cap) at 3.24 signals speculative trading.
What to look out for: Post-campaign sell pressure, especially after WEEX’s event concludes on 16 September.
3. Altcoin Season Tailwinds (Bullish Impact)
Overview: The Altcoin Season Index rose to 71 (+33.96% weekly), indicating capital rotation into smaller cryptos. AVNT’s RWA-focused perpetual DEX narrative aligns with trending sectors.
What this means: AVNT benefits from risk-on sentiment, amplified by its $23M TVL and $1.5M annualized fees (@liujia0224). Its 40% weekly gain mirrors broader altcoin strength, though Bitcoin dominance remains elevated at 56.64%.
What to look out for: A reversal in altcoin momentum if Bitcoin dominance rebounds.
Conclusion
AVNT’s rally stems from exchange-driven liquidity, airdrop incentives, and altcoin season dynamics. While bullish in the short term, the sustainability hinges on post-listing retention and avoiding post-airdrop sell-offs.
Key watch: Can AVNT hold above $0.40 if the Altcoin Season Index retreats? Monitor exchange net flows after 16 September.