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Avalanche price

Avalanche priceAVAX

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Price of Avalanche today

The live price of Avalanche is $47.61 per (AVAX / USD) today with a current market cap of $19.51B USD. The 24-hour trading volume is $720.05M USD. AVAX to USD price is updated in real time. Avalanche is -3.30% in the last 24 hours. It has a circulating supply of 409,786,340 .

What is the highest price of AVAX?

AVAX has an all-time high (ATH) of $146.22, recorded on 2021-11-21.

What is the lowest price of AVAX?

AVAX has an all-time low (ATL) of $2.79, recorded on 2020-12-31.
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Avalanche price prediction

When is a good time to buy AVAX? Should I buy or sell AVAX now?

When deciding whether to buy or sell AVAX, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget AVAX technical analysis can provide you with a reference for trading.
According to the AVAX 4h technical analysis, the trading signal is Sell.
According to the AVAX 1d technical analysis, the trading signal is Buy.
According to the AVAX 1w technical analysis, the trading signal is Strong buy.

What will the price of AVAX be in 2025?

Based on AVAX's historical price performance prediction model, the price of AVAX is projected to reach $57.45 in 2025.

What will the price of AVAX be in 2030?

In 2030, the AVAX price is expected to change by +8.00%. By the end of 2030, the AVAX price is projected to reach $88.1, with a cumulative ROI of +77.55%.

Avalanche price history (USD)

The price of Avalanche is +16.56% over the last year. The highest price of AVAX in USD in the last year was $65.25 and the lowest price of AVAX in USD in the last year was $17.49.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-3.30%$47.23$50.81
7d+7.40%$47.23$55.19
30d+36.15%$32.44$55.7
90d+84.39%$22.38$55.7
1y+16.56%$17.49$65.25
All-time+9424.56%$2.79(2020-12-31, 3 years ago )$146.22(2021-11-21, 3 years ago )

Avalanche market information

Market cap
$19,509,884,371.37
-3.30%
Fully diluted market cap
$34,076,722,165.22
-3.30%
Volume (24h)
$720,046,708.34
-5.84%
Market rankings
Circulation rate
91.00%
24h volume / market cap
3.69%
Circulating supply
409,786,340 AVAX
Total supply / Max supply
448,122,625.07 AVAX
715,748,719 AVAX
ICO price
$0.5000 ICO details
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Avalanche ratings

Average ratings from the community
4.4
101 ratings
This content is for informational purposes only.

About Avalanche (AVAX)

What Is Avalanche?

Avalanche (AVAX) is an open-source platform for launching decentralized applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem. Conceived by Ava Labs, Avalanche aims to bridge the gap between the decentralized finance (DeFi) and traditional financial sectors, bringing about a seamless integration of the two.

This technology builds upon the foundations laid down by first- and second-generation blockchain networks such as Bitcoin and Ethereum, while addressing their limitations. The result is a network that boasts incredible speed, scalability, and security – the "holy trinity" of the blockchain world.

Avalanche has attracted a huge amount of attention and capital from big institutions such as Andreessen Horowitz, Mastercard and more. Despite being born quite recently in September 2021 at the height of a bull market, Avalanche now claims the top 7 spot of the biggest blockchain by Total Value Locked as of July 2023.

Resources

Whitepaper: https://www.avalabs.org/whitepapers

Official website: https://www.avax.network/

How Does Avalanche Work?

Avalanche's scalability and speed lies in its unique consensus protocol, the Avalanche Consensus. This innovative protocol is a mix of the Nakamoto Consensus used in Bitcoin and the Classical Consensus used in many other distributed systems.

The Avalanche Consensus employs a 'gossip-style' protocol, where a small subset of nodes is randomly chosen to decide the validation of a transaction. Each node repeats this process of random selection and decision-making until a definitive majority is reached, after which the transaction is validated. This process is rapid and allows for high throughput and low latency.

Avalanche boasts a network of multiple blockchains, all interoperable and each capable of handling a different task. This multi-chain structure has three main chains: The Exchange Chain (X-Chain), The Platform Chain (P-Chain), and the Contract Chain (C-Chain). Each has its distinct function in the system - handling assets, coordinating validators, and enabling Ethereum-compatible smart contracts, respectively.

What Is AVAX Token?

AVAX, the native token of the Avalanche blockchain, sets itself apart through a unique deflationary mechanism. Every transaction fee collected is completely burned, thereby enhancing its rarity incrementally. Furthermore, users holding 2,000 or more AVAX tokens can take on the role of validators, earning an attractive annual percentage yield of up to 11% in AVAX.

The distribution of AVAX tokens, known as tokenomics, has been strategically designed for sustainable development. Half of the tokens are allocated for staking rewards, encouraging active participation in the network's security. The remainder is divided among several categories, including the public sale, team, foundation, community and developer endowment, strategic partners, private sale, seed sale, airdrop, and a testnet incentive program. The AVAX supply is capped at 720 million tokens, with half of this amount released at the genesis block. The remaining tokens are emitted as per the formula detailed in the Avalanche whitepaper, adaptable to changing economic scenarios, with over 346 million AVAX tokens in circulation as of July 2023. Notably, AVAX was initially sold at $0.5 per token during Avalanche's 2020 ICO, marking the start of its impressive journey.

What Determines Avalanche's Price?

The Avalanche (AVAX) cryptocurrency is rapidly gaining traction thanks to its innovative, high-speed blockchain platform. For traders and investors, understanding the Avalanche price today and predicting its future can be of immense value. The AVAX price today is significantly impacted by multiple factors, making Avalanche price analysis a must for those looking to invest.

One of the most crucial elements that contribute to the Avalanche coin price is its unique utility within the Avalanche ecosystem. AVAX is not just another digital token; it's used for transaction fees, staking, and even serves as a governance token. This multi-functionality makes it an integral part of the network, thereby influencing its market value. The Avalanche crypto price also benefits from a deflationary mechanism in which transaction fees are burned. This reduction in overall supply has the potential to drive up the current price of Avalanche over time.

Another vital aspect to consider is the Avalanche market cap. The market cap, which represents the total value of all circulating AVAX tokens, serves as an additional layer of information for anyone performing Avalanche price analysis. It's crucial for traders looking to get a comprehensive understanding of the asset's value and potential for growth.

Market sentiment is a powerful driver when it comes to the Avalanche digital asset price. Factors like news announcements, technological upgrades, and community engagement can trigger significant price fluctuations. For example, the launch of new decentralized applications (dApps) or enterprise-grade solutions can have a positive effect on the Avalanche crypto price. Also, it's essential to consider the broader cryptocurrency market trends when evaluating the AVAX USD price. These trends often mirror how AVAX performs, especially when making comparisons with key competitors like Ethereum.

When it comes to short-term Avalanche price prediction, technical analysis is a go-to strategy. This includes studying the Avalanche price chart, evaluating Avalanche historical price data, and understanding trading volume and liquidity. These factors collectively contribute to an accurate Avalanche price forecast and help in devising effective trading strategies.

Conclusion

In conclusion, Avalanche represents a leap forward in the blockchain industry, overcoming limitations of previous networks with its unique consensus protocol and a multi-chain architecture. Its potential for high scalability, speed, and security, alongside the unique deflationary mechanism of the AVAX token, places it in a strong position in the market. Looking ahead, Avalanche holds immense promise to continue driving innovation and expansion in the world of decentralized finance and beyond.

It's important to note that like any other cryptocurrencies, Avalanche carries its own risks and it's always wise to do your own research and exercise caution while investing.

Related Articles about Avalanche

Introduction to Avalanche (AVAX)

Avalanche Social Data

In the last 24 hours, the social media sentiment score for Avalanche was 3.1, and the social media sentiment towards Avalanche price trend was Bullish. The overall Avalanche social media score was 439,727, which ranks 48 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Avalanche being mentioned with a frequency ratio of 0.22%, ranking 28 among all cryptocurrencies.

In the last 24 hours, there were a total of 8,022 unique users discussing Avalanche, with a total of Avalanche mentions of 2,342. However, compared to the previous 24-hour period, the number of unique users increase by 4%, and the total number of mentions has decrease by 25%.

On Twitter, there were a total of 61 tweets mentioning Avalanche in the last 24 hours. Among them, 7% are bullish on Avalanche, 3% are bearish on Avalanche, and 90% are neutral on Avalanche.

On Reddit, there were 161 posts mentioning Avalanche in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 18% .

All social overview

Average sentiment (24h)
3.1
Social media score (24h)
439.73K(#48)
Social contributors (24h)
8.02K
+4%
Social media mentions (24h)
2.34K(#28)
-25%
Social media dominance (24h)
0.22%
X
X posts (24h)
61
-21%
X sentiment (24h)
Bullish
7%
Neutral
90%
Bearish
3%
Reddit
Reddit score (24h)
228
Reddit posts (24h)
161
+18%
Reddit comments (24h)
0
0%

How to buy Avalanche(AVAX)

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Trade AVAX perpetual futures

After having successfully signed up on Bitget and purchased USDT or AVAX tokens, you can start trading derivatives, including AVAX futures and margin trading to increase your income.

The current price of AVAX is $47.61, with a 24h price change of -3.30%. Traders can profit by either going long or short onAVAX futures.

AVAX futures trading guide

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FAQ

What are the primary components of Avalanche's architecture?

Avalanche consists of multiple blockchains, which are categorized primarily into: - P-Chain (Platform Chain): Manages the Avalanche's validators and keeps track of active subnets. - C-Chain (Contract Chain): Provides Ethereum-compatible smart contract capabilities. - X-Chain (Exchange Chain): Enables asset creation, transfer, and management.

How is Avalanche different from Ethereum?

Avalanche and Ethereum, while both decentralized platforms, differ significantly in their consensus mechanisms and architecture. Avalanche employs Avalanche Consensus, which rapidly reaches agreement by sampling a subset of nodes to vote on transaction validity, and these nodes then propagate their decisions to other subsets in an iterative manner. This unique approach allows for high transaction throughput and quick finality. In contrast,Ethereum has transitioned to the Ethereum 2.0 Proof of Stake (PoS) consensus. In this system, validators are chosen based on the amount of cryptocurrency they're willing to "stake" as collateral, ensuring transaction and block validation. Ethereum's switch aimed to enhance scalability and energy efficiency. Furthermore, Avalanche stands out with its multi-chain structure, supporting various interoperable blockchains tailored for specific use cases. On the other hand, Ethereum, with its unified blockchain approach, has introduced shard chains in Ethereum 2.0 to address scalability concerns. While Ethereum has a deeply established ecosystem with a vast array of dApps and community tools, Avalanche offers compatibility with Ethereum's toolset, enabling developers to deploy or migrate applications easily between the platforms.

Can I run Ethereum dApps on Avalanche?

Yes, one of Avalanche's chains, the C-Chain, is fully compatible with Ethereum's toolset, smart contracts, and dApps. This means developers can port their Ethereum dApps to Avalanche with minimal changes, benefiting from faster transaction times and potentially lower fees.

How does Avalanche ensure security?

Avalanche achieves security through its consensus mechanism and the requirement for validators to stake AVAX, the native token. A staking model means that validators have a vested interest in correctly validating transactions, as malicious actions can result in their staked tokens being slashed (or taken away).

How can I stake Avalanche (AVAX)?

Staking is an integral part of the Avalanche network, allowing holders to earn rewards by participating in the consensus mechanism. By staking AVAX, you become a validator or a delegator, helping to secure the network. In return for staking and maintaining network security, you receive staking rewards as an incentive. Avalanche provides a user-friendly staking process through its official wallet. To start, you can acquire AVAX tokens from exchanges like Bitget and then transfer them to your Avalanche wallet. Once in the wallet, navigate to the "Earn" tab to begin the staking process. If you wish to be a delegator, you'll need at least 25 AVAX. For those aiming to run a validator node, a commitment of 2,000 AVAX is required. Staking durations vary, from a brief two weeks up to a full year, locking your tokens for the chosen period. Beyond the Avalanche platform's direct staking, there's also the option to stake AVAX through various DeFi protocols that support the cryptocurrency. This offers an alternative avenue for those looking to diversify their staking approach.

Is the price of Avalanche (AVAX) correlated with the overall crypto market?

While AVAX, like many other cryptocurrencies, can be influenced by the overall sentiment and movements in the broader crypto market (e.g., Bitcoin's price movements), it can also move based on its own fundamentals, news, and developments specific to the Avalanche platform.

What is the current price of Avalanche?

The live price of Avalanche is $47.61 per (AVAX/USD) with a current market cap of $19,509,884,371.37 USD. Avalanche's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Avalanche's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Avalanche?

Over the last 24 hours, the trading volume of Avalanche is $720.05M.

What is the all-time high of Avalanche?

The all-time high of Avalanche is $146.22. This all-time high is highest price for Avalanche since it was launched.

Can I buy Avalanche on Bitget?

Yes, Avalanche is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Avalanche guide.

Can I get a steady income from investing in Avalanche?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Avalanche with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Avalanche (AVAX)?

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Bitget Insights

SobanTariq
SobanTariq
19h
Avalanche ( $AVAX ) regains $50 after Avalanche9000 main net launch
$AVAX recovered above $50 after the official launch of Avalanche9000. The new network has been in testing since November 25, and only took weeks to reach the official launch as a new L1. The launch arrives just days after Avalanche secured a $250M funding round from over 40 VC funds with the goal of supporting the updated Avalanche9000 chain. Avalanche9000 is an upgrade that has been in the making for a long time. The changes are based on multiple community proposals, which were implemented in the launch, also known as the Etna upgrade event. After the upgrade, AVAX recovered to $50.21, on the verge of re-joining the top 10 coins and tokens. AVAX was at one point seen as a competitor to Solana, though the chain was left with an older collection of apps. Ahead of the Avalanche9000 upgrade, the chain also saw a boost in its activity. In November, Avalanche produced $1.5M in fees, while previous months ranged under $800K. After the renewed gas structure, Avalanche and its validators will have to adapt to a permanently lower gas income. Tether (USDT) made up more than 25% of activity on Avalanche as a share of total transactions. Circle’s USDT takes around 10% of transactions, pointing toward DEX swaps as the major source of Avalanche income. Trader Joe and Odos swaps make up another 10% of the network’s transactions. Avalanche to offer more accessible launches to Web3 startups Before Avalanche9000, the project carried a complex mix of validator chains, as well as C-Chain, an EVM-compatible network tailored for gaming and Web3. Avalanche was one of the projects to offer curation and advice for new gaming projects. C-Chain ended up supporting high-profile games, while some projects launched their own subnets. After the update, C-Chain will transform into Avalanche9000, though explorers have not yet reflected the name change. With the upgraded L1, Avalanche aims to add projects that will each launch their own network, at a much lower cost. Previously, Avalanche required a significant upfront amount of AVAX to launch a subnet, which led to many projects seeking a more accessible solution. Avalanche9000 will work the same way as C-Chain, but with 96% lower gas fees. All the new L1 will be compatible and offer a seamless experience. The new L1 chains will essentially copy the subnet structure but with much lower initial fees and gas prices. Avalanche already carries $1.62B in DeFi value locked and is one of the chains to carry native Tether (USDT). The network also carries a version of Aave (AAVE), as well as other DEX and DeFi apps. C-Chain worked in a way similar to Ethereum-compatible L2 and achieved bridged inflows from Ethereum. Avalanche was one of the few L1 chains to build a connection to Ethereum. During the early gaming and NFT stage, some of the Avalanche projects even started on Ethereum and migrated at a later date. Avalanche aims to build its own scaling solution Through its experience with C-Chain, Avalanche noted that a single L1 was not sufficient to carry high-traffic apps and general transactions. Unlike Ethereum, Avalanche wanted to scale with its own collection of new compatible side chains. Each chain would have its own rules while being compatible with the main network. Even before the upgrade, chains like Dexalot carried a larger number of transactions and consumed more gas compared to C-net. Avalanche’s team wants to repeat that success and invite more Web3 startups to launch a native L1 at a minimal cost. All L1 will be compatible with MetaMask and Avalanche’s Core wallet. At this point, Avalanche aims to encourage a new wave of product-building. Previously, Avalanche focused on play-to-earn, while also adding several high-traffic DEX like TraderJoe and Pangolin. Apps and gaming projects either had to compete for gas on C-Chain, or make a significant upfront investment to build a subnet.
INVITE+0.20%
CORE-2.08%
BGUSER-QQB6A35Y
BGUSER-QQB6A35Y
19h
WHAT IS AVALANCHE? Avalanche (AVAX) is a network of blockchains platform that launched back in 2020 and is all about being super fast, flexible, secure, and affordable. Think of it as the tech playground for developers who want to create cool decentralized apps (dApps) or even launch their own blockchains. It’s open-source too, so anyone can peek at the code or pitch in to make it better. What sets Avalanche apart is its unique proof-of-stake system, the Snowman Consensus Protocol. Fancy name, right? Basically, this helps the network process transactions quickly and efficiently while staying eco-friendly compared to older blockchains like Bitcoin. Now, let’s talk about the star of the show: $AVAX , Avalanche's native token. AVAX has a hard cap of 720 million tokens. So no endless minting here. It’s mainly used to pay transaction fees on the network, but here’s the twist: those fees don’t go to anyone. They get burned (yep, destroyed) to cut down the circulating supply. This makes AVAX scarcer over time, which can help drive up its value. As of September 19, 2024, there were about 405.93 million AVAX tokens in circulation. The market cap? A hefty $10.67 billion. And the 24-hour trading volume was no joke either $478.71 million. Safe to say, AVAX is holding its own in the crypto world. TECHNICAL ANALYSIS OF $AVAX • CURRENT PRICE AND MARKET PERFORMANCE The price of AVAX is currently at $48.77, down by 0.43% on the day, which signals a slight bearish sentiment in the short term. We can see AVAX struggling to gain traction above the $49 level and showing some weakness after hitting its recent peak earlier in the session. This indicates a small correction phase as buyers seem to lose a bit of steam. • HISTORICAL PRICE TRENDS AVAX started strong initially, rallying towards the $50 mark before facing resistance and pulling back. The price action after that shows a downtrend with multiple lower highs and lower lows, a typical bearish pattern. Around the mid-session, there were some attempts to bounce, but none could break the downward pressure, leading to further declines. This price action shows that AVAX has been range-bound between $48.5 to $50.5, failing to maintain its upward momentum. • TECHNICAL INDICATORS Sellers appear to have controlled most of the recent sessions, as shown by the gradual decline. We’re not seeing any sudden spikes in volume, meaning no heavy buying pressure is stepping in just yet to reverse the trend. • SUPPORT AND RESISTANCE LEVELS Now, here’s where it gets interesting. AVAX is currently hovering near support at $48.50, which has held up so far. If this level breaks, AVAX could slide further to test lower supports, likely around $47.50. On the flip side, there’s clear resistance at $49.50 to $50. You can see on how the price struggled to sustain above $50 and got rejected multiple times, indicating strong selling interest around that level. To trigger a bullish move, AVAX needs to reclaim $50 with volume backing it up, which could open doors to higher resistance zones around $51+. •MARKET SENTIMENTS Sentiment right now appears cautious. AVAX seems to be consolidating in this tight range as traders look for a clearer signal. This indecisive price action could mean two things: either AVAX is gearing up for a rebound if buyers step in near $48.5, or it could break lower if sellers remain in control. The slight downward trend aligns with broader market indecision, so traders are likely waiting for more direction. To sum up, AVAX is facing notable resistance at $49.50-$50 while clinging to support at $48.50. The short-term trend is bearish, and unless bulls push prices above resistance with stronger momentum, the current range-bound behavior could persist. Keep an eye on volume and support levels. if either gives way, AVAX’s next move will likely follow suit.
MOVE+0.04%
BITCOIN-0.89%
Crypto_King_74
Crypto_King_74
20h
Top Analysts:Insights into Popular Projects Leading analysts like CryptoCapPro and AltcoinSherpa have garnered attention for their deep dives into popular projects. Whether its Bitcoins next resistance or emerging altcoins like SOL and AVAX their analyses are shaping investment strategies. By studying trends on chain metrics and investor sentiment these analysts provide valuable signals to navigate the volatile crypto market.$BITCOIN $SOL $AVAX
BITCOIN-0.89%
AVAX-0.91%
terkimbiaondokator
terkimbiaondokator
22h
Avalanche's current price is $51.03, with a market capitalization of $21.06 billion ¹. The coin's technical analysis gauge displays a neutral signal, with some indicators suggesting a sell and others indicating a buy. Looking ahead, Avalanche's price prediction for 2025 is optimistic, with potential highs ranging from $70.17 in January to $94.15 in December ². The average trading price for 2025 is expected to be around $84.63. In 2026, Avalanche's price is predicted to stabilize, with a minimum price of $39.37 and a maximum potential of $57.35 ². The average trading price for 2026 is expected to be around $65.51. *Key Factors Influencing AVAX Price:* - _Supply and Demand:_ Changes in consumer demand and cattle inventory levels can impact live cattle futures prices. - _Weather Conditions:_ Weather events, such as droughts or floods, can affect cattle production and prices. - _Global Trade Agreements:_ Trade agreements, like the US-China trade deal, can influence cattle exports and prices. - _Disease Outbreaks:_ Disease outbreaks, such as Avian Flu, can disrupt livestock operations and impact prices. Overall, Avalanche's price prediction for the next two years looks promising, with potential highs and stable average trading prices. However, it's essential to keep in mind that cryptocurrency markets can be highly volatile, and prices may fluctuate rapidly.
AVAX-0.91%
LOOKS+2.73%
MahmoodMalik
MahmoodMalik
1d
Top Analyst of Popular Projects
🚀 Exploring the Top Trending Projects with Bitget! 🔍 Bitget continues to highlight the hottest projects that shape the crypto space. Here are my top picks and analysis of the tokens with huge potential: 💡 DOGE – The meme king keeps surprising us! Could DOGE be gearing up for another bull run with growing utility and community support? 💡 XRP – With recent legal clarity, XRP has regained momentum. Will it reclaim its place as a top remittance solution? 💡 SOL – Solana’s blazing-fast blockchain makes it ideal for dApps. SOL is positioning itself as an Ethereum competitor with its speed and scalability. 💡 AVAX – Avalanche’s ecosystem continues expanding. Its subnets are attracting developers for customized blockchain solutions. 💡 FLOKI – Beyond the memes, FLOKI has evolved into a strong utility project with NFT and DeFi integrations. 📈 I believe these projects have strong potential due to their utility, development updates, and adoption. Let me know your thoughts: Are you bullish on these tokens? Which project excites you most? #Bitget #TopProjects #DOGE #XRP #SOL #AVAX #FLOKI $WLD $DOGE $XRP $FLOKI $AVAX $SOL
SPACE-1.20%
DOGE-0.65%

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