• Blogs
  • Avalanche (AVAX) Price Prediction 2023, 2024, 2025, 2026 and 2030 (USD and INR)

Avalanche (AVAX) Price Prediction 2023, 2024, 2025, 2026 and 2030 (USD and INR)

Avalanche (AVAX) Price Prediction 2023, 2024, 2025, 2026 and 2030 (USD and INR)
Author: Rakshita Jain
26-Apr-2024

Table of Contents

About Avalanche (AVAX)

Avalanche (AVAX) Price History

AVAX Price Prediction 2023 (December)

AVAX Price Prediction 2024 (USD and INR)

AVAX Price Prediction 2025 (USD & INR)

AVAX Price Prediction 2030 (USD & INR)

AVAX Price Prediction 2040 (USD & INR)

AVAX Price Prediction 2025 (USD & INR)

Will AVAX Reach $100?

Can AVAX Hit $1k?

Can Avalanche (AVAX) Reach $10,000?

Is AVAX a Good Investment in 2024?

What Will AVAX be Worth in 2025?

Where to Buy AVAX in India?

Avalanche (AVAX) has surged 400% in less than 60 days!!!

We think this information is enough to entice you into the AVAX Price Prediction below.

After all, Avalanche (AVAX) crypto has finally found its spotlight in the last quarter of 2023. Its price significantly jumped from a mere $9.04 to nearly $42.04 in 45 days, raising some burning questions like: “Will AVAX increase more?” or “Will AVAX reach $100?” or “Can AVAX hit $1k?”.

So, let’s delve into the intricacies of Avalanche (AVAX) to determine its potential for the future and get answers to all our questions.

About Avalanche (AVAX)

Launched in 2020 by Ava Labs, Avalanche is a dApp development platform where developers can create and program Smart contracts like Ethereum. It aims to solve the long pending blockchain dilemma that states that scalability, security, and decentralization can not exist together.

AVAX is the native token of the Avalanche platform. It serves as the means to distribute network rewards, participate in platform governance, and pay network fees. Anyone can build unlimited customized blockchains on Avalanche by paying a network fee in its AVAX token.

As a project, Avalanche rivals Ethereum, a leading dApp development ecosystem, by offering a higher throughput of 6,500 transactions and greater scalability. It provides this high throughput by utilizing a unique consensus approach involving three interoperable chains- the Exchange Chain (X-chain), Contract Chain (C-chain), and Platform Chain (P-chain). Each of these chains handles a specific specialization in the Avalanche ecosystem. For instance, the X-chain handles the transactions of Avalanche assets, while the C-chain handles the functioning of Smart contracts. Lastly, the P-chain facilitates the creation of layered blockchain solutions in the Avalanche ecosystem.

This distribution of Avalanche consensus into three different chains enables it to perform various tasks simultaneously with better speed and decentralization. Avalanche also uses a gossip protocol, where its validators “gossip” with each other to spread information about newly validated transactions. This process ensures that all the validators have the same information about the validated blocks, reducing the chances of fraud and censorship.

Avalanche (AVAX) Price History

The Avalanche (AVAX) mainnet was launched in September 2020 at $5.3. The token dropped below $5 in the next few months until the bull run of 2021 came in. By January 9, 2021, AVAX broke an important resistance of $5.7. For the first two months, AVAX maintained its upward trajectory and reached an impressive high of $55 by February.

The growth for AVAX slowed down for a further few months. Then, again, the coin price surged in August when it started a stronger rally, increasing its price to a staggering high of $76. One key reason behind this high jump of AVAX was its announcement of a $180 million liquidity mining incentive program. This program allowed Avalanche users to access different Ethereum DeFi protocols and use them through Avalanche to earn AVAX as the incentive.

In the following months, the coin had no upward momentum. However, in November 2021, the coin finally surpassed major resistances and made a new ATH of $128. It happened when Ava Labs partnered with Deloitte, a global accounting company, to build an efficient disaster relief system on the Avalanche blockchain.

After entering 2022, the AVAX price faced extreme volatility. AVAX fluctuated between $90-$120 for the first three months. However, it could not retain these price levels for long and began a downward movement by May 2022 after the Terra LUNA collapse. Though AVAX made multiple attempts to reverse its downward journey, it could not succeed due to the various institutional collapses in the year. By December 2022, AVAX was trading below $12.

Now that we understand what Avalanche Crypto does and how it has performed so far, let’s look at AVAX Price Predictions for 2023, 2024, 2025, 2030, 2040, and 2050.

AVAX Price Prediction 2023 (December)

Avalanche (AVAX) opened 2023 with a bang by registering 55% gains in only the first two weeks. It happened after Ava Labs collaborated with Amazon Web Services (AWS) to become their official blockchain solution provider. Investors saw this partnership as a way to increase Avalanche adoption among private and public institutions that could further boost the demand for its AVAX tokens. The overall improved sentiments in the crypto market also contributed to this price jump in AVAX that lasted till the last of February. By then, AVAX managed to reach $21. But it soon ended as AVAX began a downward journey that lasted till October when it was trading at $9.11. After which, things started falling into place for this crypto. Firstly, the gaming applications associated with Avalanche processed higher transactions than usual, resulting in a higher collection of transaction fees that Avalanche collects in AVAX tokens. Since the platform burns 100% of its revenue collected from transaction fees (AVAX tokens in this case), it created a sense of scarcity of AVAX in the market. In short, an increased burn rate of AVAX contributed to an increase in AVAX price.

Another factor was the rising amount of staked AVAX tokens during the same period. The AVAX staked across various Smart contracts increased from 220.2 million to 255.91 million in 10 days. It also temporarily removed AVAX from circulation, creating a supply crunch and triggering a hike in AVAX price. Since multiple reports have indicated a rising future of asset tokenization, the collaboration of Avalanche with JP Morgan and Citibank to help them roll out the tokenization of real-world assets (RWA), also helped Avalanche gain investors’ trust with three-digit growth of AVAX price in November AVAX also delegated a $50 million fund for research on RWAs, showing its commitment to the RWA industry.

Notably, the stellar rally of AVAX amid the bearish market sentiments hints towards the undervaluation persisting in its current market value. Technical analysis of the coin also highlights that AVAX broke out its 750-day descending resistance trend line after this increase. It suggests that the AVAX price shows no strong sign of a bearish divergence.

Considering it, we can expect AVAX to cross the $50 mark by the end of 2023. In case the coin experiences a pullback, investors should stay prepared to see AVAX going down to nearly $33.08.

Thus, our AVAX price prediction for December 2023 is $50 in the bullish case, $33 in the bearish case, and $38 in the case of neutral market sentiments.

Unit Maximum Price Minimum Price Average Price
AVAX Price Prediction USD $50 $33 $38
AVAX Price Prediction INR INR 4,167.57 INR 2,750.60 INR 3,167.36

AVAX price prediction 2025. 2026

Note: As per our given Price Prediction AVAX successfully managed to trade around $41 (INR 3,581) by the end of December 2023.

AVAX Price Prediction 2024 (USD and INR)

Like many other tokens, a big portion of the total AVAX supply was sold to its early investors and team members. Most of this supply is locked temporarily, with a gradual unlocking plan.

To date, Avalanche has unlocked nearly 50% of the AVAX total supply, with almost equal supply remaining to unlock. It strategically keeps unlocking some of these locked tokens to prevent investors from a sudden price dump due to increased supply. For instance, $100m worth of AVAX tokens were unlocked on August 25th, 2023.

The next token release of AVAX is scheduled for February 22, 2024, when nearly 9.54 million AVAX will come into circulation. Thus, investors can bring in some temporary price pullback for AVAX in February.Similar token distribution will take place until August 2024 every three months. After that, the number of tokens to be distributed every three months will reduce to 1.7 million till July 19, 2030.

Thus, AVAX may face multiple temporary price corrections in 2024 due to the new tokens coming into circulation. However, it may avoid it if the buying pressure outweighs the selling pressure.

Another point to consider is the interesting correlation between AVAX and major cryptos like Bitcoin. According to a blog by theblock.co, AVAX relates to Bitcoin but reacts with some delay. Thus, it is likely that if Bitcoin price rallies in 2024 due to its much-awaited BitcoinETF approvals and halving coming near, AVAX may show an upward trend sooner or later in the year.

Also, let's not forget that 2023 has been a watershed year for Avalanche as it performed well in almost all sectors involving the smart contracts industry, the dApp industry, transaction volume, and price surges. The on-chain activities show an impressive surge in the number of new tokens traded daily on Avalanche, depicting the rising popularity of this blockchain in the token industry. According to a crypto expert, Lark Davis, with over 485k followers on Youtube, AVAX has broken a significant resistance level in 2023, opening gates for a splendid 2024 for this altcoin. Moreover, the Avalanche ecosystem has regained its solid position as one of the leading DeFi protocols that can help it rectify its highly “undervalued” status in 2024.

Thus, overall, the AVAX price prediction 2024 seems highly bullish but with some dangers of temporary price pullback. Keeping it in mind, our AVAX price prediction 2024 is - $180 in the bullish scenario and $120 in the bearish one. The average AVAX price for the year could be $160. The same AVAX price prediction 2024 in INR is - INR 14,940 (maximum), INR 9,960 (minimum), and INR 13,280 on average.

Unit Maximum Price Minimum Price Average Price
AVAX Price Prediction USD $180 $120 $160
AVAX Price Prediction INR INR 14,940 INR 9,960 INR 13,280

AVAX Price Prediction 2025 (USD & INR)

AVAX Price Prediction 2025 also looks quite explosive according to its historical price movements. Last time, AVAX and BTC, both hit their all-time highs in November 2021. It was over a year after the previous Bitcoin halving of 2020. From this observation, investors are expecting AVAX to make a similar price movement in the second half of 2025, which is exactly a year after the upcoming Bitcoin halving of 2024.

Many experts hint that October 2025 could be the top of the next bull market. In case Bitcoin and Ethereum ETFs get approval, we can experience a hyper-bullish market till the last quarter of 2025. If that happens, AVAX can be a part of the price-surging domino effect generated by the Bitcoin rally.

Unlike most other DeFi-centric competitors that have already experienced two bull markets, Avalanche is yet to experience its second bull run. Thus, the coin may make wilder price pumps than the rest of its competitors.

Additionally, by 2025, the new AVAX token flow in circulation will reduce to only 1.7 million by 2025, which is currently 9.5 million AVAX every three months. Thus, if the AVAX coin maintains its demand amid the rising RWA and DeFi market, the slower surge in its supply will also contribute to its price pumps.

Considering all these factors, our AVAX price prediction 2025 is between $350 to $270, with an average point of $290. The same AVAX price prediction 2025 in INR is - INR 46,323 (maximum), INR 31,380 (minimum), and INR 38,770 (average).

Unit Maximum Price Minimum Price Average Price
AVAX Price prediction USD $350 $270 $290
AVAX Price prediction INR INR 29,100 INR 22,410 INR 24,070

AVAX Price Prediction 2030 (USD & INR)

According to a report published by Grand View Research,the global crypto market has the potential to grow at a compound annual growth rate of 12.5% every year between 2023 and 2030 to reach 11.71 Billion USD by 2030. Another annual report on the global wealth management industry by the Boston Consulting Group (BCG) states that the crypto market cap could increase by four to five times by 2030. The entry of global wealth managers into crypto could be the key reason behind this prediction.

If the market grows at the speed stated in these reports, all major altcoins, including AVAX, can reach astronomical highs by 2030.

Moreover, the RWA sector, for which Avalanche has recently partnered with JP Morgan, is also expected to expand by $16 trillion by 2030. Thus, Avalanche (AVAX) crypto has huge potential for price surges in the upcoming six years.

Citing this information, our Avalanche price prediction for 2030 is:

Unit Maximum Price Minimum Price Average Price
AVAX Price Prediction USD $558 $378 $467
AVAX Price Prediction INR INR 46,323 INR 31,380 INR 38,770

AVAX Price Prediction 2040 (USD & INR)

As per the AVAX tokenomics, the market potential for growth, and the further plans of Avalanche, our AVAX Price prediction 2040 is $1,049 in the bullish case and $674 in the bearish case. $769 could be the average price of AVAX in 2040.

The same AVAX price prediction for 2040 in INR is - INR 87,139 (maximum), INR 55,988 (minimum), and INR 63,880 (average).

Unit Maximum Price Minimum Price Average Price
AVAX Price USD $1,049 $674 $769
AVAX Price INR INR 87,139 INR 55,988 INR 63,880

AVAX Price Prediction 2050 (USD & INR)

Considering the anticipated market growth by 2050, and the ambitious roadmap of Avalanche, our projected AVAX price prediction 2050 stands at $5,006 in the optimistic scenario and $2,500 in the pessimistic scenario. The expected average AVAX price for 2050 is $3,500.

Expressed in INR, the corresponding AVAX price prediction for 2050 is - INR 4,15,840 (maximum), INR 2,07,670 (minimum), and INR 2,90,741 (average).

Unit Maximum Price Minimum Price Average Price
AVAX Price Prediction USD $5,006 $2,500 $3,500
AVAX Price Prediction INR INR 4,15,840 INR 2,07,670 INR 2,90,741

Below are the cumulative AVAX price predictions for 2023, 2024, 2025, 2030, 2040, and 2050 in USD and INR.

Year AVAX Price (Max) AVAX Price (Min) AVAX Price (Avg)
2023 $50 $33 $38
2024 $180 $120 $160
2025 $350 $270 $290
2030 $558 $378 $467
2040 $1,049 $674 $769
2050 $5,006 $2,500 $3,500

AVAX price prediction for 2023, 2024, 2025, 2030, 2040 and 2050 in INR is as follows

Year AVAX Price (Max) AVAX Price (Min) AVAX Price (Avg)
2023 INR 4,167.57 INR 2,750.60 INR 3,167.36
2024 INR 14,943 INR 9,962 INR 13,283
2025 INR 29,060 INR 22,415 INR 24,076
2030 INR 46,323 INR 31,380 INR 38,770
2040 INR 87,139 INR 55,988 INR 63,880
2050 INR 4,15,840 INR 2,07,670 INR 2,90,741

Will AVAX Reach $100?

The recent surge in Avalanche (AVAX) by 400% within 60 days, hitting $44, has captured attention and created bullish sentiments about its future trajectory. Its collaboration with Amazon Web Services (AWS) and partnerships with JP Morgan and Citibank, position it as a blockchain solution provider for major institutions, potentially boosting demand for AVAX tokens.

Due to these factors, AVAX has retained its solid position as one of the top 10 crypto projects. Thus, it is plausible to suggest that AVAX has the potential to hit $100 within the next 1 or 2 years, driven by ongoing developments, partnerships, and increased adoption in various sectors.

Can AVAX Hit $1k?

The last ATH of AVAX is $146, which it made in the last bull run by surging from a $5 price point. It means that AVAX has the potential to make astronomical highs in a wider bullish market. Considering its recent collaborations with JP Morgan, Citibank, and Amazon Web services, the coin seems to have a bright future for the years ahead. However, for AVAX to hit the $1000 mark, it needs to have a rally more powerful than the last bull run of 2021. Additionally, AVAX would require sustained growth, expanded partnerships, and increased adoption. While speculative, AVAX could hit the $1000 mark by 2040.

Can Avalanche (AVAX) Reach $10,000?

Currently, the prospect of Avalanche (AVAX) reaching $10,000 appears far-fetched. The market sentiments and AVAX's historical price fluctuations suggest a considerable gap between the current levels and a $10,000 valuation. While the cryptocurrency landscape is dynamic, such a substantial increase would need years-long sustained positive developments, increased adoption, and a significant shift in market sentiment.

Is AVAX a Good Investment in 2024?

Avalanche (AVAX) demonstrated a remarkable resurgence 2023, recording an impressive 400% surge in just the last two months. From $9.08, AVAX soared to over $44 during this period, driven by notable collaborations, heightened on-chain engagement, and various other favorable factors. This late-year surge underscores AVAX's resilience and ability to make strategic initiatives.

Considering this positive momentum, increased adoption, and ongoing developments within the AVAX ecosystem, AVAX could be a good investment in 2024.

What Will AVAX be Worth in 2025?

Based on our research and analysis, AVAX price prediction 2025 could range between $558 to $378, averaging $467. Factors like reduced new token supply, sustained demand, and its newness compared to its other competitors can lead AVAX to hit this price range. However, market fluctuations and global crypto trends will significantly impact its value.

Where to Buy AVAX in India?

The best platform to buy AVAX in India is Flitpay, where you can instantly buy AVAX and hundreds of other cryptocurrencies at zero fees.

Disclaimer: The content provided in this AVAX price prediction blog is purely for informational purposes and should not be considered financial advice. Cryptocurrency markets are highly volatile and subject to rapid fluctuations. Any investment or trading decisions based on the information presented here are at your own risk. It is recommended to conduct thorough research and consult with a qualified financial advisor before making any investment decisions.

NOTIFICATIONSClose
ALL
USER
Nothing to see here!
It looks like you are already updated
Nothing to see here!
You must Login to see actions