Avalanche (AVAX) Price Prediction 2024,2025,2030 — Will AVAX Hit $100?

By 2030, analysts predict that AVAX may reach $257.60. Are you optimistic about Avalanche? AVAX is available on BTCC.

Over the past year, AVAX has had rapid growth, rising by almost 147%. Given its strong market position, solid foundation, and excellent network performance—all of which compete with Ethereum on many metrics—its trajectory is not shocking to many. AVAX, which ranks 12th in terms of market capitalisation, is a coin to watch in the next cycle.

What is Avalanche (AVAX)?

When it comes to smart contracts, scalability, and transaction speed, Avalanche aims to compete with Ethereum, a prominent Layer 1 network. Since its introduction in 2020, the Avalanche network has attracted several developers. Since Avalanche’s smart contracts are Solidity-based, they are compatible with the Ethereum Virtual Machine (EVM), facilitating a smooth migration from the Ethereum network.

In addition to its usage in governance and proof-of-stake network transaction validation, AVAX is the native token. In just over a year, AVAX has gone from $11.45 to $26.79, a 147% increase. The Avalanche network’s capacity to scale has been an important component in AVAX’s expansion. Avalanche asserts it can process 6,500 TPS transactions thanks to its usage of subnets to increase the network’s transaction capacity. The rising price of AVAX reflects the assumption that Avalanche has established itself as a formidable competitor to the Ethereum network.

Cryptocurrency	Avalanche
Token	AVAX
Price	$ 34.2736 -3.48%
Rank	13
Market Cap	$ 14.0B
24H Trading Volume	$ 945.0M
All-time High	$ 146.1760
All-time Low	$ 2.7855
24 High	$ 35.6331
24 Low	$ 33.7289
Cycle High	$ 65.2553 / 2021-09-29 05:15:00
Cycle Low	$ 8.6885 / 2023-10-19 01:45:00
Update Time	2024-11-20 00:09:02

Avalanche (AVAX) Price Performance

Avalanche (AVAX) Price Technical Analysis

All financial markets use moving averages (MA), a well-liked indicator that smoothes price movement over a predetermined period of time. Since they are a trailing indication, past price activity has an impact on them. The simple moving average (SMA) and exponential moving average (EMA) are the two forms of moving averages shown in the table below.

Daily Simple Moving Average (SMA) & Daily Exponential Moving Average (EMA)
Date Calculated:2023-12-14

Weekly Simple Moving Average (SMA) & Weekly Exponential Moving Average (EMA)
Date Calculated:2023-12-14

Below is a table of price predictions for AVAX.

Avalanche (AVAX) Price Prediction 2024

The AVAX price is still showing a bearish candle on the weekly chart, which indicates that market sentiment is very negative for cryptocurrencies. It has risen about 5% after falling to a low of about $22. On the other hand, the Avalanche price trend in the 1-day time frame remains negative.

Despite opposition from the 50D EMA, the retracement phase has seen a considerable increase in trade volume. On top of that, the weekly chart’s MACD and signal lines are still showing a negative trend. Taken together, these factors point to a downward trend for the Avalanche price.

It is possible that AVAX can encounter additional downward pressure if sellers maintain control of the market and negative sentiment continues. If this happens, the price of the coin could fall to a new low, maybe as low as $38. This is very worrying.

Avalanche (AVAX) Price Prediction 2025

With a possible low of $48 and a high of $134 in 2025, the price of AVAX is expected to continue rising. It is anticipated that the average price will be approximately $91 throughout this time.

Avalanche (AVAX) Price Prediction 2030

According to predictions, the price of AVAX will reach a new all-time high of $224.85 by 2030. Based on the data, the average price for this period might be $193.845.

Is AVAX a Good Investment?

There is not enough time in the Avax market to determine whether or not the company is worthwhile.

• By the end of the year, it soared from an expected $3 in 2020 to a whopping $102.
• After the Federal Reserve chose to cut the size of its balance sheet, it dropped by only $5 until March 2022, and then it plunged by more than 80%.
• After the US reported an inflation rate of over 6% on November 10th, just a handful of cryptocurrencies, including AVAX, continued to rise.

Let’s have a look at the capabilities and features.

• The Avalanche Blockchain’s native token, AVAX.
• Avalanche boasts that its speeds are faster than any other blockchain
• Furthermore, unlike other blockchains, it claims to be extremely decentralized.
• It presently owns 1.2B in TVL, down from $9 B in March
• AAVE, Benqi, and Trader Joe’s are just a few of our top partners.

Taking into account its recent performance and features and performance benefits, it would appear that AVAX is reliant on increases in liquidity to continue its upward trajectory. The fact that AVAX has lower performance than both Ethereum and Polygon Matic lends credence to this theory. We think there are better investment alternatives available right now.

Will AVAX Hit $100?

To reach $100, AVAX’s price will need to increase by more than sixfold.

In addition, its all-time high price of $129 was reached in November of 2021. In addition, the AVAX token’s value increased approximately 11,33 times to reach its all-time high from $11.39 in July 2021. Consequently, it increased by around 2.83 times in one month.

With its historical growth rate, we may predict that AVAX will hit $100 within two to three months. Yet, it is impractical given the current state of the market. Thus, it will take longer for AVAX to reach $100 depending on market conditions.

Will Avalanche Hit $1000?

Yeah, Avalanche is capable of reaching $1000. Although we argued that Avax is a moderate investment opportunity, it is not unreasonable to anticipate a price of $1,000.

• The market capitalization would be $297 B at $1000. This exceeds the market capitalization of Ethereum.
• Even with modest annual growth of 15%, AVAX would reach $1000 in thirty years.
• In truth, AVAX’s growth rate could accelerate during the following eight years. If it increases at a rate of 50% for the next eight years and then 15% thereafter, AVAX might reach $1,000 in 15 years, or by 2037, assuming a growth rate of 50% over the following eight years and 15% thereafter.

Avalanche (AVAX) Price Prediction: FAQs

1.What price prediction is there for Avalanche in 2022?

Avalanche’s price is anticipated to rise as high as $23.54 in 2022.

2.Is this the right time to purchase Avalanche (AVAX)?

After examining the technical Avalanche indicators, we predict a small correction over the coming few days, and investors should hold off on purchasing AVAX.

3.Is Avalanche (AVAX) a wise financial decision?

Our technical analysis indicates that Avalanche is currently a solid buy based on the direction it is moving.