The rapidly growing DeFi world needs new types of blockchains that allow fast and cheap deployment of dApps. Avalanche is the network that is considered as one of the main rivals of Ethereum and many DeFi users have already prefered it to the other Layer-2 platforms. AVAX token was performing comparably better during the crypto winter and the analysts believe in the bright future of the token. Read our AVAX price prediction to understand what is possible for the project in the future.
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Avalanche Price Prediction: What Is The Future Of Avalanche Coin?
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Table of Contents
Avalanche Fundamental Analysis
Project name
Avalanche
Stock Symbol
AVAX
Current Price
14.15
Current Supply
430734870.0154394
Official Website
Avalanche is an open programmable smart contract blockchain platform which is, as stated by its creators, the fastest in the blockchain world by time-to-finality. It also has the most validators securing its activity of any proof-of-stake consensus mechanism. According to the official website, any project can outperform its competitors by deploying on Avalanche.
Avalanche network was launched on the mainnet on September 21, 2020 and since then has provided the security for over 450 projects and reached more than 1300 block-producing validators. The project’s community unites over 1,5 million people around the world. The goal of the project team is to establish the fastest blockchain in the world.
To achieve this goal Avalanche comprises three blockchains (X-chain, C-chain and P-chain) instead of one, secured by the network validators through Primary Network. All the data is distributed among all the networks, thus protecting Avalanche from the overload that happens to other blockchains.
The blockchains deployed with Avalanche Virtual Machines (VM’s) can be customized according to the creator's needs. The Avalanche network allows the users to launch dApps that can confirm transactions instantly and process thousands transactions per second. Avalanche blockchain is Solidity compatible, allowing the developers to use most of the common tools. Moreover, the network allows an easy token transfer between Avalanche and Ethereum.
AVAX is the native token of the Avalanche blockchain. It serves as a basic unit of account between subnetworks and is also used to pay fees. The users can stake or lock up their tokens to contribute to the platform’s security. AVAX has a limited supply of tokens, with max 720 million coins in circulation.
Avalanche Live Price Chart
A year ago the AVAX token price stayed around $32-$36 till the middle of May when most of the crypto market went down. The asset dropped to $25 and continued the downtrend and by the end of June reached $10 and stayed at this level for a month.
In the end of July the AVAX coin started to slowly gain value and in the middle of August almost tripled its price jumping from $19 to $55 in one week. After the following market correction Avalanche hit $59 and continued the bull rally reaching $76 at the end of September. In October AVAX went back to the level of $55 but by the first days of November was already traded for $64. The coin showed a strong rebound from the summer fall and on November 21 hit the all-time high of $146. The price was corrected and AVAX was pulled off to $76. It recovered to the level of $116 at the end of the year, but went along with the overall downtrend in 2022.
The Avalanche token price dropped to $59 on January 22, but then started to recover. In February the market experienced a slight rise in the prices and AVAX also reached $95, but stayed volatile till the end of the month starting March trading for $68.
In March the Avalanche prices went bullish again reaching $98, but in April the token was in a constant downtrend going back to the level of $68.
Avalanche Technical Analysis
According to the monthly Avalanche chart, the token shows bearish signals. It is moving in a downward channel, though still holds the lower zone of the trading range. As trading volumes were decreasing during the downtrend, they might go even lower when the token will establish new lower lows and lower highs.
Within the month the AVAX price decreased by 12%, that shows that the coin is in the sudden dip now. Since last week the coin price has been pushed to its nearest support and it seems like it might go beyond $70.
According to the next bullish sentiment forecast Avalanche will most probably continue to fall in May, but might go bullish in June.
Avalanche Price Prediction
Below we have collected the most reliable price projections for Avalanche (AVAX) from popular forecast platforms.
Avalanche Price Prediction for 2023
As of the beginning of 2023, Avalanche price predictions remain predominantly positive, with some analytics promising the price at about $16.2725, while WalletInvestor even cites the possibility of the price reaching $27.483 by the end of the year.
Potential ROI:
54%
Buy
Avalanche Price Prediction for 2024
In their Avalanche price predictions for 2024, PricePrediction.net forecasts the coin’s price to go down to $3.962 by December. Forecasting Avalanche future, WalletInvestor expects further decrease of its price, too, saying the Avalanche price will reach ~$0.86 by that time. On the contrary, TradingBeast keeps predicting Avalanche price growth, quoting prices around ~$37.020645 in 2024.
Potential ROI:
-1%
Sell
Avalanche Price Prediction for 2025
Avalanche price predictions for 2025 are still predominantly positive, with some analysts promising prices in the $16.414–$69.228606 range (PricePrediction.net, TradingBeast), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.6086 in December 2025.
Potential ROI:
103%
Buy
Avalanche Price Prediction for 2026
PricePrediction.net has only pessimism in store for the 2026 Avalanche price prediction, valuing Avalanche at $8.773 by the end of 2026. WalletInvestor agrees with a negative forecast and predicts, in turn, $0.847 for the same period. On the other hand, TradingBeast’s team is more optimistic — their Avalanche price prediction for December of this year is just $33.922017.
Potential ROI:
3%
Buy
Avalanche Price Prediction for 2030
Speaking of long-term Avalanche price predictions for 2030, experts present two polar opinions. TradingBeast expresses the view that Avalanche price will grow further and eventually reach $22.388531 by the end of the decade. PricePrediction.net’s price prediction for Avalanche echoes with the projection of an uptrend to $24.904. Despite this, WalletInvestor’s vision remains not so positive, promising a downfall to $1.40602.
Potential ROI:
15%
Buy
Summary
As it can be clear from the analysis cited above, Avalanche (AVAX) projections are rather contradictory. There is no universal consensus either about positive or negative future AVAX price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Avalanche projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
FAQ
Is Avalanche cryptocurrency a better investment than Bitcoin?
Yes and no — Avalanche cryptocurrency may be a better investment than Bitcoin for you, depending on what you’re looking for. Since Bitcoin is older and more established, it’s probably safer to put your money in it. On the other hand, if you can tolerate risk well enough, you may gain more with Avalanche. For example, there are Avalanche price predictions for 2025 that forecast AVAX price growing more than 3x. To gauge your risk tolerance, do your research, and don’t forget to check Bitcoin and Avalanche predictions before investing.
What is Avalanche (AVAX)?
Avalanche (AVAX) is a native token of the Avalanche platform — a blockchain project for the developers to build their dApps on. Unlike Ethereum which is better known for this, Avalanche boasts sub-second transaction finality. As Avalanche gained popularity in the late summer of 2021, AVAX became the hot new currency. Now many AVAX price predictions for 2021 saying it will reach and hold above $50 for the foreseeable future.
Will Avalanche cryptocurrency get to $100?
Yes, Avalanche cryptocurrency will get to $100, in quite a few experts’ opinions. Some Avalanche crypto price predictions say it might get close to $100 in just a couple of years. Other analysts put those numbers in their AVAX coin price predictions for 2025 or thereabouts.
What is an Avalanche coin?
Avalanche coin is a cryptocurrency issued by Avalanche project — a platform for dApp developers. Avalanche coin, or AVAX, is the universal currency of the platform, used for swapping assets between Avalanche-based crypto projects and as a payment method like any other coin. AVAX is also a good investment, with its price soaring during August 2021 and Avalanche coin price predictions being overwhelmingly positive.
Is Avalanche (AVAX) the next big thing? Will it enter the top 10 in 2021?
Yes, it may well turn out that Avalanche (AVAX) is the next big thing. This project combines the strengths of both Bitcoin and Ethereum, while also boasting 51% attack-resistant security and very fast confirmation times. As for the top-10 — it broke into top-20 seemingly with little effort; considering Avalanche price predictions for 2021, its circulating supply, and other prominent coins’ market cap, top-10 looks quite possible in the near future.
Is Avalanche coin a good investment?
Yes, the Avalanche coin is a good investment, say many analysts. Avalanche turned into the market darling in the late summer of 2021, when its ecosystem has ramped up and the project caught people’s attention. Since then the price of AVAX, the native token of the project, has seen a meteoric rise. So, Avalanche (AVAX) price predictions today are pointing to this coin being a great investment.
How can I buy AVAX?
AVAX is available on many major exchanges — for example, Binance, Huobi, and BitPanda (this list is probably going to keep growing since AVAX coin predictions are so good right now). Such exchanges are especially great for buying crypto with fiat. If you’d like to buy AVAX with crypto on a non-custodial exchange with no hassle, you should try SwapSpace.
Disclaimer:
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
