This AVAX price prediction piece will explore the future of Avalanche by taking a detailed look at the layer-1 blockchain and its native coin, AVAX. Like Ethereum, the network supports DApps, customizable blockchain networks, and smart contracts (due to its DApp coverage). But does this make AVAX a good investment in the short and long term? Let’s take a look.
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- Avalanche price prediction and the role of fundamentals
- Avalanche and the DeFi presence
- AVAX price prediction and the relevant tokenomics
- Key metrics and the future AVAX price prediction levels
- Avalanche price prediction and technical analysis
- Avalanche (AVAX) price prediction 2023
- Avalanche (AVAX) price prediction 2025
- Avalanche (AVAX) price prediction 2030
- Avalanche (AVAX’s) long-term price prediction (up to 2035)
- Is the AVAX price prediction model accurate?
- Frequently asked questions
Avalanche price prediction and the role of fundamentals
Avalanche as a network has a lot of positives. The network surged close to 10% over the past 30 days as of Feb. 15, 2023. The YoY transaction growth peaked by over 1500% in 2022, as reported by Nansen. This followed the tide change for Avalanche’s C chain or the Contract chain. Plus, the otherwise muted state of NFT also started to look up in Q4 with the Ethereum native OpenSea expanding to Avalanche.
Positive sentiments surrounding Avalanche seemingly played a significant role in pushing the prices higher. Yet, these are only the latest developments. Let us now assess the reliability of the Avalanche Network.
Also, here is what the official website claims:
First things first, Avalanche isn’t a standalone blockchain. Instead, it has three blockchains built within — the X-chain, the C-Chain, and the P-Chain. The chains are intended to send/receive AVAX, handle DeFi apps, and take care of AVAX staking vis-a-vis validator activity. Overall, as a proof-of-stake ecosystem, the Avalanche network has almost everything to rival Ethereum.
Here are some more insights that make us optimistic about the long-term Avalanche price prediction:
- Avalanche subnets work like stepping stones into web3.
- The network helps build Ethereum-compatible decentralized apps.
- You can launch customized private and even public blockchains using the Avalanche network.
- It boasts infinite TPS courtesy of subnet integration.
- Avalanche boasts a less-than-2-second finality.
- The Avalanche ecosystem houses DeFi, Enterprise-grade, gaming, and other relevant DApps.
Here is what the ecosystem dashboard looks like:
Avalanche and the DeFi presence
Yes, the Avalanche-specific DeFi TVL took a hit in 2022, dropping significantly compared to the $15 billion mark in 2021. Well, the bearish crypto market is to be blamed. Yet, it still ranks sixth in terms of TVL, immediately behind Polygon. The current TVL value is close to $930 million.
As far as popular Avalanche DeFi protocols are concerned, the likes of GMX, Vector Finance, and Synapse have seen serious growth rates, month-on-month.
AVAX price prediction and the relevant tokenomics
The Avalanche network’s native coin, AVAX, comes with a supply cap of 720 million. As of Feb. 15, 2023, 44% of the total supply makes the circulating supply. As far as the tokenomics model is concerned, 50% of the total supply focuses on staking rewards, making the entire supply disinflationary in nature.
For passive income evangelists, staking AVAX coins gives out a yearly yield of 11.57%. Currently, the yearly inflation rate is 4.51%, which is lower than that of Solana. However, the issuance rate is still on the higher side compared to the likes of EOS and Cardano. Any drop in the yearly issuance can impact the AVAX price levels positively.
Key metrics and the future AVAX price prediction levels
As an investor, price volatility is the first metric on which to focus. The chart shows that the recent volatility bottom might already be in the works for AVAX. The Avalanche price forecast looks positive for now, as historically, every trough or bottom has pushed prices higher.
The development activity related to the Avalanche network might have an impact on the price of AVAX. The chart shows that the price surges after every development activity peak are clear. With transactions and web3 activity led by smart contracts looking up, the development activity peak made on Jan. 28, 2023, can bring good news for the price of AVAX.
Here are a couple of charts showing the surge in the number of unique contracts deployed and contract deployers, year on year.
Avalanche price prediction and technical analysis
Before we delve deeper into the long-term Avalanche price, let us take a look at the current or, rather, the short-term future price forecast.
The descending channel, as the price pattern, is quite obvious. A break above the upper trendline, followed by decent trading volume, can push the price of AVAX toward $19.30. The long-term resistance of $27.18 might still be on the cards, provided the broader crypto market shows strength.
However, the RSI is making lower lows in comparison to the higher lows made by the price of AVAX. Hence, a correction and a dip till $14.58 — a strong support level — isn’t out of the equation.
So the stakes favoring a rise and a dip cancel each other out. However, the 50-day moving average line (green) is inching closer to the 200-day moving average line (red). Further, if the golden crossover happens, the bullish trend might just be able to outpace the beamish buildup.
Now, let us circle back to the weekly chart and see whether there is a pattern in sight.
The weekly AVAX-USDT chart reveals a basic symmetrical or rather foldback pattern. The higher highs on the left side of the chart ultimately lead to the peak. From the peak, we have two clear lower highs. Also, the bullish RSI divergence shows that this pattern might be coming to an end, and a new repeat pattern might be on the cards.
Here are key points to consider:
We can now trace the distance and price change percentages for all the points between M to C and M1 to C to create datasets for future Avalanche predictions.
We can disregard the M to A percentage change as it doesn’t align with other values on the chart and might disturb the calculation-specific balance.
Using the negative column values, we can now locate the high-to-low average change. At the same time, the non-negative columns can help us with low-to-high average price percentage change.
High-to-Low average: -56.22% (the lowest drop could be 36.14% during a strong bull market)
Low-to-High average: 392.55% (the lowest peak can be 178.21% if bearish crypto market conditions exist)
Note: The time taken for the next set of moves can vary depending on the market conditions. High-to-low moves can surface anytime between 21 days to 161 days, whereas low-to-high moves can surface anytime between 35 days to 140 days.
We will now use the above-mentioned datasets to trace the next leg of Avalanche price predictions.
Avalanche (AVAX) price prediction 2023
Now that we have the last low or M1 in sight, we can use the low-to-high price percentage data to trace the 2023 price of AVAX. Considering that AVAX keeps seeing a steady rise in trading volume, we can expect the Avalanche price forecast for 2023 to surface at $31.04. So, we can mark this as level A2.
Notice that A2 might just coincide with A1’s price level. This would show that the downtrend is wearing off, and a new higher-high pattern might emerge.
This translates to a 196.88% price increase, which is higher than the minimum price hike but still lower than the average value of 392.55%. This also happens to the third-highest price peak percentage. We have taken this value into consideration, keeping the current state of the crypto market in mind. Also, the time taken can be 140 days — the maximum timeframe for a low-to-high move.
The low from this level can drop to $13.58 — translating into the average drop percentage of 56.22%, and that too in 161 days (the maximum distance).
Projected ROI from the current level: 67.60%
Avalanche (AVAX) price prediction 2025
Outlook: Very bullish
From the new low, N2, the next high could again follow the third-highest percentage peak of 196.88%, consistent with the previous low-to-high hike.
This would put the next high, or B2, at $40.42, by March 2024. Further, the minimum price of AVAX in 2024 could go as low as $25.83. Notice that we didn’t take the average high-to-low percentage drop into consideration here. The reason is the growing strength at AVAX’s counter — something that might surface quite readily by 2024.
From this low, we can expect the new high or C2 to follow the average low-to-high percentage hike of 392.55%, courtesy of strong crypto market conditions.
This could put the AVAX price prediction level for 2025 at $127.18. The next low from C2 could surface at $55.53 — in line with the average percentage drop of 56.34%.
Projected ROI from the current level: 588.20%
Avalanche (AVAX) price prediction 2030
Outlook: Very bullish
By this point, you can expect the price of AVAX to correct a little. This is owing to the previous pattern where the right side of the chart saw the formation of lower highs. This could coincide with some market correction, and the next high from the low of $55.53 can surface at $164.96 — translating into a price hike of 196.88%.
We expect this high to surface in 2026. This would also mean a new all-time high price for Avalanche.
With the 2026 high and the 2025 low in focus, we can connect the points using the Fib indicator. This would help us trace the price of AVAX till 2030. The projection, following the same growth path, puts the maximum price of AVAX in 2030 at $1065.69.
However, this price growth would be possible if the market cap and trading volume of Avalanche keep growing steadily. Maybe even beating the broader crypto market.
Projected ROI from the current level: 5666.72
Avalanche (AVAX’s) long-term price prediction (up to 2035)
Outlook: Very bullish
Now that we have the minimum and maximum prices of AVAX till 2030, here is a table that can help you locate the price of AVAX through 2035.
|Year |||Maximum price of AVAX |||Minimum price of AVAX|
Is the AVAX price prediction model accurate?
This AVAX price prediction model considers multiple factors — including detailed fundamental and technical analysis. We have used a data-backed approach to capture and analyze key Avalanche network metrics in detail, ensuring the model is well-rounded and practical. As such, this price prediction is as accurate as possible in a volatile and at times unpredictable crypto market.
Frequently asked questions
Is Avalanche a good investment?
Our AVAX price prediction model makes Avalanche look like a decent investment option, especially in the long term. Also, as it is a layer-1 open-source blockchain, it is possible for Avalanche to gain recognition as a worthy Ethereum competitor. And if you’re interested in price predictions and ROI expectations, our price prediction model till 2025 predicts the price of the AVAX coin to appreciate by almost 600%.
Will AVAX reach $100?
We expect the price of AVAX to cross $100 by 2025. However, for AVAX to move this much, the coin would first need to experience high trading volume and a steady increase in the market cap. Also, the Avalanche network should continue to see steady growth during this phase in order to breach the elusive $100 mark.
What will Avalanche be worth in 2025?
By the end of 2025, we can see AVAX reach close to $130, provided it experiences higher trading volume, continuous network growth, and a steady rise in market cap. With Avalanche being a consortium of multiple subnets, we can expect the adoption to pick up pace in 2025, when we expect the prices to peak aggressively.
Is Solana better than AVAX?
It is difficult to compare two powerful layer-1 blockchains like Solana and Avalanche. However, some differences exist, including transaction speed, smart contract layout, staking benefits, and even price performance. Solana offers 65K TPS as the transaction speed out of the box, whereas Avalanche, without the subnets, boasts 4.5K TPS. Yet, Avalanche feels superior in terms of development, courtesy of the EVM-compatible smart contracts.
Is Avalanche an Ethereum killer?
Avalanche might just emerge as a go-to Ethereum killer if it can control the yearly issuance rate. What makes the Avalanche network powerful is the ability to support staking and top-notch solidity-compatible smart contracts. Thus, Avalanche makes migrating from Ethereum easy.
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