Pangolin (PNG) Price Prediction

TLDR Pangolin’s price faces a tug-of-war between V3 upgrades and Avalanche’s ecosystem shifts.

1. V3 adoption pace – Capital efficiency and partnerships could boost liquidity (bullish).
2. Avalanche DeFi growth – Competing with Solana may pressure PNG’s market share (mixed).
3. Exchange traction – WEEX listing expands access but lacks major CEX support (neutral).

Deep Dive

1. V3 Liquidity Innovations (Bullish Impact)

Overview:
Pangolin’s July 2025 V3 launch introduced concentrated liquidity pools, dynamic fees, and NFT-based LP positions. Recent integrations with KyberNetwork and VeloraDEX (@pangolindex) aim to optimize trade routing and deepen liquidity.

What this means:
Higher capital efficiency could attract institutional LPs, increasing swap fee revenue for PNG stakers. However, liquidity migration from V2 to V3 risks short-term fragmentation until super pools gain traction.

2. Avalanche Ecosystem Competition (Mixed Impact)

Overview:
Avalanche trails Solana in DeFi TVL ($1.4B vs $6.7B) and market cap dominance (Indodax). Pangolin’s WAVAX pairs dominate its liquidity, making PNG vulnerable to AVAX price swings (-3.22% weekly).

What this means:
AVAX’s modular subnet strategy could drive cross-chain demand for PNG swaps long-term. Near-term underperformance versus Solana-based DEXs like Jupiter might cap upside.

3. Exchange Listings & Governance (Neutral Impact)

Overview:
January 2025’s WEEX listing (WEEX) improved retail access, but PNG remains absent from top-10 CEXs. Governance tweets emphasize voter participation but show low proposal activity since August 2025.

What this means:
CEX adoption could reduce reliance on Avalanche-native traders. Stagnant governance engagement risks slower protocol upgrades compared to rivals like Uniswap.

Conclusion

Pangolin’s V3 success and Avalanche’s subnet adoption are critical mid-term drivers, while CEX listings and governance activity lag. Watch the 30-day PNG/WAVAX LP APR – sustained rates above 25% would signal V3’s traction. Can Avalanche close the DeFi gap with Solana before PNG’s liquidity advantage erodes?