Avalanche
AVAXRank #32- Market cap
- $3.13B
- 24h volume
- $192.66M
- 7d change
- -0.8%
- 30d change
- +6.2%
- 24h high / low
- $7.30 / $7.05
- Circulating supply
- 431.77M
- Max supply
- 720M
- All-time high
- $144.96 (Nov 21, 2021)
Avalanche is a proof-of-stake Layer 1 smart contract platform designed for high throughput, low cost, and environmental efficiency.
By the PickACrypto Team · Updated Aug 31, 2026
Our read on Avalanche
Establishedscalablecompetitive
A high-throughput Layer 1 using proof-of-stake consensus, positioned as a fast and environmentally efficient alternative in the smart contract platform space.
- Smart Contract Platform, Layer 1 (L1), Proof of Stake (PoS)
- Category
- #31
- Market-cap rank
- 431,771,961
- Circulating supply
- 463,441,061
- Total supply
- 720,000,000
- Max supply
The bull case
- Validators secure the network through a proof-of-stake consensus protocol, aligning participant incentives with network integrity.
- Marketed as fast, low cost, and environmentally friendly, broadening appeal among users and developers mindful of energy footprint.
- Hard-capped max supply of 720,000,000 provides a finite issuance ceiling.
- Ranking at #31 by market cap reflects an established presence in a crowded Layer 1 field.
The bear case
- The Layer 1 smart contract platform sector is highly competitive, requiring sustained developer adoption and activity to maintain relevance.
- With 431,771,961 AVAX circulating against a 720,000,000 max supply, a meaningful portion of tokens remain unlocked, introducing future supply overhang.
- Network security depends on validator participation, tying network resilience to staking incentives.
What Avalanche is
Avalanche is a high throughput smart contract blockchain platform. Validators secure the network through a proof-of-stake consensus protocol. It is said to be fast, low cost, and environmentally friendly.
Ranked #31 by market cap, Avalanche competes in the Layer 1 category alongside other proof-of-stake platforms. Its positioning around throughput and environmental efficiency frames its appeal to projects seeking alternatives to older consensus designs.
How it works
Avalanche uses a proof-of-stake consensus protocol in which validators stake tokens to participate in network security. The platform is described as high throughput, aiming to process transactions quickly and at low cost relative to competitors.
The network's security model depends on validators operating honestly under staking incentives. Environmental friendliness is a stated trait, consistent with proof-of-stake designs that avoid the energy intensity of proof-of-work mining.
Tokenomics
Avalanche's native token has a circulating supply of 431,771,961, a total supply of 463,441,061, and a maximum supply of 720,000,000. The gap between total supply and max supply leaves room for future issuance.
The spread between circulating and total supply indicates that additional tokens may enter circulation over time. The hard cap at 720,000,000 bounds the total eventual issuance.
Competitive edge
Avalanche competes in the Layer 1 space on throughput, cost, and environmental footprint. Its proof-of-stake design underpins the claim of being environmentally friendly relative to proof-of-work chains.
The platform's positioning targets developers and users seeking a fast, low-cost smart contract environment.
High throughput and low cost remain the stated differentiators in a crowded Layer 1 market.
Frequently asked questions
- What consensus mechanism does Avalanche use?
- Avalanche uses a proof-of-stake consensus protocol in which validators secure the network by staking tokens.
- What is the maximum supply of the AVAX token?
- The maximum supply is capped at 720,000,000, with 431,771,961 currently circulating and 463,441,061 in total supply.
- How does Avalanche position itself among Layer 1s?
- It is described as a fast, low-cost, and environmentally friendly high-throughput smart contract platform, competing at #31 by market cap.
Sources
The durable facts on this page are drawn from the sources below; live market figures update from our own database. See our methodology.
Technical indicators
Computed daily by our pipeline from accumulated price history.
- RSI (14d)
- 60.52
- 50-day SMA
- $6.61
- 200-day SMA
- —
- Volatility (30d, annualised)
- 60.45%
- 90d support
- $5.89
- 90d resistance
- $10.25
- Correlation vs BTC
- 0.81
- Correlation vs ETH
- 0.83
Avalanche price prediction
Our deterministic model publishes forecast ranges for Avalanche across five horizons, each recorded immutably and scored on the Accuracy Ledger when it matures.
This is research and analysis, not financial advice. Crypto is volatile and you can lose what you put in. Figures are sourced above or drawn live from our own database. Always do your own research.
Market data synced from CoinGecko into our own database. This page's figures were captured Thu, 03 Sep 2026 05:00:00 GMT. Every figure is injected from that record; see the methodology. Nothing on this page is financial advice. Read the disclaimer.