Avalanche Sets Record With 911 ms Average Block Time as AVAX Tests Key Support
- —Avalanche's average block time fell to 911 ms, a record low for the network
- —AVAX is testing $8.295, where horizontal support meets an ascending trendline
- —A defended support opens targets at $10, $11.432 and $14.934
- —A breakdown below $8.295 could send AVAX to $7, analyst Giannis Andreou says
Why it matters: The block-time record strengthens Avalanche's performance narrative, but AVAX's near-term direction hinges on holding the $8.295 support.
Source: TronWeekly