Avalanche (AVAX) Price Prediction 2022 - 2030 - Should You Buy It Now?

There has been no shortage of Ethereum killers throughout the years of Ethereum existence. Projects like EOS and Tronix were promoted as such, but the truth is that they didn't manage to leave Ethereum behind both in popularity and by the market performance. As of March 2022, Ethereum is still the second cryptocurrency after Bitcoin and the first among the smart contracts platforms.

Nevertheless, 2021 saw impressive growth of stronger rivals such as Solana and Avalanche. Both coins even made their way to the top 10 crypto coins by market cap. Although Ethereum is good and well, these new crypto market leaders deserve attention. Today I will speak about Avalanche (AVAX). I'll break up the main features and characteristics of the platform and the token itself, and then I'll tell you what the AVAX price prospects are based on what the experts say and my own reasoning.

1. What Is AVAX?
2. AVAX Crypto Price Prediction for 2022, 2023, 2024, 2025, 2027, 2030
3. AVAX Price Analysis for the Past Several Years
4. Q&A
5. Conclusion

What Is AVAX?

AVAX is a native token of the Avalanche network. The latter is a smart contracts platform. 2021 was big for AVAX as it gained over 3,000% in value.

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Avalanche is usually compared to Ethereum — in many instances, favorably. Avalanche doesn't collect high fees, nor does it have the low capacity/scalability of Buterin's brainchild. More than that, developers creating dapps on Ethereum can use the only programming language Solidity, which is not that comfortable for most coders. Avalanche offers more options making its platform more dev-friendly.

One of the basic features of Avalanche is finality, a point where transactions cannot be altered anymore. Avalanche finality is reached instantly as the payment is processed, making Avalanche the fastest smart contract platform. Allegedly, Avalanche can process 4,500 transactions per second while Ethereum does only 13. Another key function of Avalanche is that it allows its users to develop their own blockchains (subnet) based on Avalanche.

As of March 2022, the number of projects based on Avalanche blockchain exceeds 150. One of these projects is Deloitte working with the Federal Emergency Management Agency (FEMA). Deloitte uses Avalanche to form better disaster-relief programs. It is a sign that Avalanche is a trustworthy company.

AVAX Crypto Price Prediction for 2022, 2023, 2024, 2025, 2027, 2030

Even though Avalanche and the native token (AVAX) have had a successful year in 2021, industry experts are moderate on the future of the token. Not they are skeptical. It's better to say that they stress that Avalanche can face serious unexpected obstacles that can slow its growth down as a young platform. Although, as of March 2022, the platform's future seems to be bright, the risks are also in place. Some referenced Solana, a close Avalanche rival that experienced a number of problems after establishing itself as one of the industry leaders. Ethereum might have all the known shortcomings, but it has a stronger reputation and seems to be a more predictable market player than Avalanche. For sure, most experts predict a bright future for the AVAX token and the platform in general. You should be aware that no matter how well the asset was performing in 2021, it still has chances of falling short in the future due to multiple reasons.

Now let's dive into predictions of the AVAX price for different years. Some experts don't think that AVAX will cross the $100 mark by the end of 2022. All of them use different models for tech analysis. However, some optimists see AVAX reaching $116 or even around $130 by 2023. My calculations make me think that AVAX will probably meet 2023 at a price higher than $90. The price will probably significantly cross the $100 mark and nearly $130.

Most pessimistic forecasts see AVAX price at the end of 2023 as low as $100. However, the majority of experts expect the price to reach from $130 to around $200 by the end of the year. My vision is that in 2023 the average price of AVAX will be around $150. I expect around the same (or a bit higher) value by the end of 2023. 

The prices of most crypto coins are sensitive towards the Bitcoin price. Therefore, I expect that in 2024, the year of another BTC block reward halving, we will see a major crypto market rally. AVAX might reach up to $288, in my humble opinion. Other experts name prices from around $200 to $1,000.

The year after, AVAX might gain up to $400 at best. However, there are other opinions. Some experts believe that AVAX won't even pass the $300 mark by the end of 2025. Others think that the price might reach up to $1,090. According to my reasoning, in 2030, AVAX will be traded at around $2,600. Other experts' forecasts range from $370 to about $3,000.

Below you can see the trajectory of the AVAX price in the past years.

AVAX Price Analysis for the Past Several Years

The historical data of the AVAX price has four phases — two "sleeping" periods and two lasting bull markets. When the token hit the market, its price was in a "sleeping" mode for months. Appearing on the market in September 2020, AVAX had the price of $5 something and has been fluctuating at around $4 - $5 until the January of 2021, the period when the overall crypto market began to grow tremendously. At the lowest points, the AVAX price was as low as $3. The historical minimum was reached in December 2020 when AVAX hit its bottom at $2.8.

In January 2021, when the entire crypto market began to grow, the AVAX price went from $3 to over $12, but the real spike took place after. In February, Avalanche token price growth sped up significantly, and on February 11, AVAX peaked at around $55. Then, the price quickly declined. Nevertheless, the token enjoyed a new support level at approximately $21. It fluctuated heavily from around $25 to $35 until the end of the spring. By May 23, the price dropped below $20 and gradually reached a new support level at around $10 in June. The two first months of the summer of 2021 were the second "sleeping" phase for AVAX. Yes, the price wasn't standing still, but it was far from the recent heights. In June - July 2021, AVAX was traded at a price from $10 to $13 or so. Things have changed in August.

By August 16, the price had exceeded $18. It skyrocketed in the second half of the month, reaching a new all-time high on August 25. This time it was over $55.7. After a short correction (with the minimum at $38.1), AVAX continued its fast growth. September saw AVAX's price reaching three consecutive ATH marks in less than three weeks. On September 13, the price was $59.69; on September 18, AVAX peaked at $70.46, and on September 24, it was $76.35. And it still wasn't the maximum that year. The real adventures unleashed in October after a short correction with the lowest point at $54, nearly the same value that was the historical maximum for AVAX not long before.

After landing on the $54 level on October 13, the price has begun to climb up. By November 3, it reached over $67 and then jumped to another record level on November 5. That day AVAX nearly reached $80. Four days later, AVAX was $91. On November 18, it exceeded the $100 mark reaching over $108. On November 21, AVAX reached the price of $144. As of March 2022, this price stays the historical maximum AVAX price. December of 2021 saw a significant decline in the entire crypto market. However, the Avalanche token wasn't declining as quickly as most of the big coins at that time. The price began to shake. It was jumping from around $120 to about $80 and back. On January 24, it reached the bottom at $56 (still, higher than the Feb 2021 peak value). Ever since, the price has been fluctuating between $60 and $100.

Q&A

 Is AVAX a good investment?

Cryptocurrency is a risky investment. Compared to other cryptocurrencies, AVAX looks good as it has a solid reputation and robust technology. AVAX is one of the leading cryptocurrencies.

What will AVAX price be in 10 years?

In 2032, AVAX's price can reach around $5,450.

Should I buy AVAX now?

As of March 15, 2022, AVAX is in decline. Some call it a buying opportunity. Most experts believe that the price will go up. It's up to you whether you think the price is low enough or will you wait for it to decrease.

Is AVAX a scam?

Avalanche is a legit platform. FEMA wouldn't have worked with a scam project.

Is it too late to invest in AVAX?

Even pessimistic experts predict that the AVAX price will be growing in the next few years.

Conclusion

Probably, you have noticed the predictions on the future AVAX price range radically. However, there is one thing that all these forecasts have in common — there is no single voice doubting that the AVAX price will go lower in the long run than it is now (March 2022). Avalanche established itself as one of the young leaders of smart contracts cryptocurrencies. It has made strong partnerships, it performed flawlessly on the market even in the days when most industry leaders were in decline, and it not only survived but kept its position among the top crypto coins. Personally, I cannot see the AVAX's potential for gaining $10k in a couple of years. What I see is that the project and its native token has all chances and characteristics to preserve its place among the industry leaders and keep growing together with the rest of them.