Deep Dive
1. Project-specific catalysts
Aventus 2.0’s gas-fee burn mechanism (launched May 2025) removes AVT from circulation with every transaction, creating a deflationary loop. Early data shows a 29% price rise in 30 days, though sustained impact depends on appchain adoption.
The Truth Network appchain (launched June 2025) – a prediction market platform – could drive fee burns through its transaction volume. Partnerships with Galactic Markets and Blockchain Factory suggest enterprise traction, but real-world usage metrics remain unclear.
An upcoming governance proposal (teased June 23) may adjust treasury policies or appchain incentives, directly affecting AVT’s utility-demand balance.
2. Technical outlook
AVT faces a critical test at the 38.2% Fibonacci retracement ($1.95), with the 200-day SMA ($1.86) acting as dynamic resistance. The MACD histogram turned positive (+0.0117) on July 29, but RSI-7 (62.36) nears overbought territory.
Whales control 78% of circulating supply, raising liquidity risk. The 24-hour turnover ratio (0.131) suggests thin markets where large sells could trigger cascading drops.
Conclusion
AVT’s price hinges on whether appchain adoption accelerates fee burns faster than whale sell pressure. The $1.82–$1.95 zone will test bullish conviction. How might Truth Network’s Q3 user growth impact AVT’s burn rate?