Avalanche's native cryptocurrency, AVAX, has suffered a significant decline, with its weekly losses now reaching a notable 18%. This downturn persists despite the presence of institutional backing that typically bolsters investor confidence and market performance. The inability of this support to positively influence the price of AVAX reflects broader challenges within the cryptocurrency market, suggesting that external factors may be overshadowing institutional investment efforts and impacting overall market sentiment negatively.
source: https://www.coindesk.com/markets/2025/09/26/avalanche-extends-weekly-losses-to-18-as-institutional-backing-fails-to-lift-market