AVAX is the native token of the Avalanche blockchain, a fast, scalable Layer-1 platform for DeFi and dApps.
It’s currently trading around $8.6–$9.2 USD, far below its all-time high near $146, reflecting long-term drawdown but recent momentum.
Recent price moves show high correlation with broader risk assets, with rallies on crypto/equity strength and pullbacks on market weakness.
Support near the ~$7.7–$8.0 range is key; defending this could lead to short-term tests of $9–$10 resistance.
Network activity and upgrades underpin fundamental adoption, but selling pressure from token issuance remains a drag.
Overall, AVAX shows volatile and consolidation-biased price action, typical of major alts in current markets.
AVAX
9.38
+6.10%