Avalanche AVAX

Our database holds 2,209 days of daily price history for AVAX.

Avalanche is ranked #27 by market capitalisation, at 4.65B $. Market capitalisation is price multiplied by circulating supply, so it moves with both — a coin can climb the ranking without its price rising, simply by issuing more.

443.3 M AVAX are in circulation, which is 61.6 % of the declared maximum. The remainder enters the market on the schedule written into the protocol, and until it does, the circulating figure is what market capitalisation is computed from — not the cap.

Over the last twelve months the price of AVAX fell by 65.2 %. That is the change of the quote itself and says nothing about what comes next: crypto drawdowns of tens of percent within a year are ordinary, not exceptional.

Avalanche is the native coin of its own blockchain: transaction fees in that network are paid in it, and its issuance is set by the protocol rather than by a contract on someone else's chain.