DOGE Infrastructure Expands as AVAX Spot Data Shows Buying Pressure
Avalanche (AVAX)
Editor:
Eugene Serbin
u.today reports that DogeOS launched a public test network for Ethereum-style applications on Dogecoin, aiming to expand utility beyond simple payments. Dogecoin Foundation director Timothy Stebbing highlighted this milestone, noting an "absolute avalanche" of new projects building on the Doge/EVM chain. The testnet allows developers to use familiar software to create applications leveraging Ethereum compatibility.
Concurrently, Metallicus launched DogecoinVM, which bridges Dogecoin to the Metal network via a DOGE-compatible ledger. This bridge enables Dogecoin to become 300x faster with instant finality while maintaining its core structure. Stebbing emphasized that these developments provide more options for building solutions on the network.
On the price front, Dogecoin is approaching a golden cross on its daily chart as the MA 50 and MA 200 converge. This would mark the first golden cross for Dogecoin in 2026, following the last one in August 2025. At the time of writing, Dogecoin was trading at $0.093, influenced by a weaker-than-expected September jobs report. Traders now view a Federal Reserve rate hike in October as extremely unlikely, though a December hike remains a possibility.
How the market reacted
Whalio's own Binance spot order flow for AVAX, measured when this story was written up on 4 October 2026. Not the outlet's figures.
AVAX is currently trading at $11.13 with a 1-hour buy ratio of 64.6% and a 4-hour buy ratio of 57.3%, both exceeding the 24-hour ratio of 50.4%. This indicates that buying pressure is building in the short term relative to the daily average. The Volume Delta shows positive inflows of +$117,469 over the last hour and +$336,044 over the last four hours. These metrics suggest that aggressive buying is currently outweighing selling pressure in recent intervals. The Cumulative Volume Delta for the 24-hour close is +$883,676, confirming net buying activity over the full day. Spot volume for the period reached $33,069,294 across 257,426 trades.
The latest daily buy ratio of 47.7% sits at the 28th percentile of the last 322 days, against a median of 49.3% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for AVAX, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 52.1%, making the current 24-hour ratio of 50.4% slightly lower by 1.7 points. Volume over the last eight days was 0.50x the average, indicating a quieter trading period compared to typical activity. The price increased by 2.6% over the eight-day window, with a total Volume Delta of +$20,373,920. This suggests that while the recent hourly surge is notable, the broader weekly trend has been characterized by lower volume and modest gains. The current day sees 12 hours of net buying out of 24, contrasting with the five days of net buying observed over the previous seven days.