Recently, I established a small Position near the current price of AVAX, setting the liquidation price at 18, with initial target prices of 35 and 55.

Why is AVAX promising? First, compared to other public chain tokens, Avalanche has a relatively small market capitalization, which allows for growth potential. Secondly, in the field of Real World Assets (RWA), AVAX shows impressive potential. Even more notably, Standard Chartered Bank in Hong Kong has shown a strong interest in AVAX. With Hong Kong recently passing a stablecoin regulatory draft, if AVAX successfully obtains the relevant licenses, it may collaborate with Standard Chartered Bank to issue bond tokens, which would greatly enhance its liquidity.

It is worth mentioning that the partnership between AVAX and financial giant JPMorgan adds weight to it. However, we also need to note that AVAX will face a 43% unlocking pressure in 2025-2026. If substantial progress is not made before then, such as obtaining licenses or attracting more robust financial support, it may be difficult to maintain a price level of $20.

This investment can be seen as a forward-looking layout. Although there are certain risks, a small position trial is acceptable. If AVAX can obtain a license within the year (although there is currently no clear news), the entry price of $20 may become a rare opportunity.

I personally believe that AVAX has the potential to reach a three-digit price, but currently, market sentiment is low, and the ecosystem is not yet fully mature. Compared to the success of Solana, which is largely attributed to its strong ecosystem, especially in the performance of meme coins. I hope AVAX can find its breakthrough, even though it still faces challenges in terms of technology and ecosystem.

Investors need to carefully assess risks and closely monitor the progress of AVAX in regulatory compliance and ecosystem development.