Recently, Avalanche has seen its fame in the web3 community; skyrocketed as an Ethereum alternative because of its high-performance, customizable, and secure blockchain platform. The highly scalable crypto project targets three crucial use cases that span building blockchains, DApps, and complex digital assets. As a result, the interest in the market performance and future price prediction of the AVAX network has also risen. Dramatically – among savvy crypto enthusiasts who are strategically invested in its native AVAX coin. In this article, we explore the AVAX forecast, price prediction possibilities, and future growth of the Avalanche crypto price.
Table of contents
- What Is AVAX?
- Avalanche Price Prediction In 2021: How Was It?
- AVAX Price Prediction
- Is Avalanche A Good Investment?
- Will Avalanche Reach 1000$?
- ETH To AVAX Exchange: How To Swap ETH For AVAX?
- How To Exchange AVAX To Bitcoin
What Is AVAX?
Avalanche is a versatile smart contract platform that allows anyone to launch new blockchains with unique rules, virtual machines, and validator sets. According to its whitepaper, Avalanche is described as a high-performance, scalable, customizable, and secure blockchain platform. It is targeting three broad use cases, namely building:
- Application-specific blockchains, including permissioned and permissionless deployments
- Scalable and decentralized applications
- Arbitrary complex digital assets
AVAX is the native cryptocurrency coin that secures the Avalanche blockchain. The cryptocurrency coin pays for fees associated with the AVAX blockchain. It provides the basic unit of account between multiple blockchains managed on the Avalanche network.
|Founder||Dr. Emin Gun Sirer|
|Market Capitalization||~$19.4 Billion|
|Total Supply (Circulating Supply)||395,891,290.00 (268,611,733.09)|
Avalanche Price Prediction In 2021: How Was It?
AVAX had an eventful performance in the crypto market in 2021. Although there were several ups and downs within the year, the AVAX coin, starting 2021 at $3, managed to record many all-time high prices all through 2021, eventually reaching a high of $134.5, recorded around the end of November. Throughout the rest of the year, the coin tried unsuccessfully to break its previous all-time high price after successive drawdowns before eventually ending the year a little above the $100 resistance price point.
AVAX Price Prediction
With the turn of the year came a reverse in fortune for AVAX investors as the coin entered a bearish market in January 2022 with only feeble signs of reversal. Regardless, experts and speculators have been analyzing the charts and numbers to string together tangible price predictions to guide your choices in the AVAX market today and in the future. In the following texts, we have compiled some analyses made by some crypto prediction industry leaders, serving as a guide on what to expect regarding the price prediction of the AVAX Coin.
Avalanche Price Prediction 2022
So far, 2022 has not been a kind year for Avalanche AVAX price. The coin started the year at around $114, before retracing to three months low of $59(almost 50% loss in value) before a slight price recovery and ongoing sideways trading. However, speculators expect AVAX to end 2022 on a bullish note, with most of them predicting higher price targets come December. TradingBeasts, a popular crypto prediction website, predicts an average price of $67.5 by the end of the year, while WalletInvestor expects an even more optimistic average price of $119.5 for AVAX.
Avalanche Price Prediction 2025
Speculators expect the Avalanche network to keep on growing and attracting more users by 2025. Therefore, there is a unanimous bullish projection. TradingBeast predicts an average price of $104, DigitalCoinPrice predicts an average price of $140, WalletInvestor predicts a higher average price of $336, and CryptocurrencyPricePrediction projects an improbable optimism with a price prediction of $1,148.
Avalanche Price Prediction 2030
By 2030, speculators expect AVAX to have greatly increased in value. PricePrediction predicts the AVAX price prediction 2030 will reach a $2193 price, DigitalCoinPrice predicts a conservative $327, CryptocurrencyPricePrediction expects a steep $3234, and Cryptonewsz is betting on a $1248 price value.
Avalanche Price Prediction 2040
For crypto coins such as AVAX, price predictions that span more than ten years are highly speculative and hard to pin down to specific numbers without the potential for inaccuracies. However, speculators are always willing to take on the challenge of predicting far into the future. If there is still a market for web 3 smart contract blockchains by 2040, experts predict more than a $5000 price valuation for the AVAX coin.
Is Avalanche A Good Investment?
As a higher throughput, lower fees, and more scalable alternative to Ethereum, the Avalanche network and its native AVAX crypto coin has a very high potential of becoming a good investment over time. Currently ranked number eleven on CryptoMarketCap, AVAX is one of the top crypto coins with an actual possibility of rewarding patient investors who believe in the promises of the web3 ecosystem and its underlying blockchain technology.
Will Avalanche Reach 1000$?
At the time of writing, AVAX is trading at a little above $68, making the $1000 price benchmark seem like a far-reaching goal. However, if the web3 ecosystem continues to grow according to what experts expect or if the speculator’s predictions come true, AVAX could hit the $1000 mark by 2025 or even earlier.
ETH To AVAX Exchange: How To Swap ETH For AVAX?
Are you looking to get ahead of the curve by investing early in AVAX? Or you want to swap the slower ETH for the much faster AVAX? Then head to Swapzone to exchange $AVAX at the lowest fees with more than 700 cryptocurrencies at the best rate on the market. With Swapzone, you can easily swap AVAX for ETH or other crypto coins through a wide range of instant cryptocurrency exchange providers, review the providers, their offers, speed, and exchange rates.
- Select AVAX in the Send section.
- Enter the amount you wish to swap.
- Choose the crypto you’d like to get in the Get Up To section.
- Select an exchange offer to proceed with.
- Enter your wallet address to receive your exchanged crypto.
- Send your COIN deposit to a generated address.
- Receive your crypto!
How To Exchange AVAX To Bitcoin
Want to swap your Avalanche coins to the market giant Bitcoin? Here is an instruction how you can do so: