Avalanche (AVAX) is one of the most popular projects of recent times, prioritizing transaction speed, low pricing and environmental friendliness.
At the time of writing, Avalanche (AVAX) was trading at $75.97, up 13% in the last 24 hours.
According to the Avalanche price projection of algorithm-based forecasting site Wallet Investor, AVAX could trade at $184.97 in a year. The site estimates that the average price could rise to $659.55 within five years.
DigitalCoin’s AVAX forecast says the price will average $95.1 in 2022 and rise to an average of $157.36 in 2025 based on historical data. According to its website, the price could rise to $136.71 in 2026, $184.19 in 2027, and an average of $291.53 in 2029.
PricePrediction looks more positive for AVAX in the long run. According to them, AVAX will be $102.04 in 2022. In 2025, it will increase to $284.02. According to the report, the price could rise to $2,136.62 by 2030. According to the
Economy Forecast algorithm, the AVAX price can reach $132.6 in December 2022, then $148 by the end of 2023, and $157 by December 2025.
What is Avalanche?
Avalanche (AVAX) is a blockchain project that provides infrastructure for DeFi applications, digital assets, trading platforms and similar services. It allows anyone who wants to produce their own digital or crypto asset on the decentralized platform without the need to develop a new network. Av Labs developers, Avalanche, launched its mainnet in September 2020. The native token of the platform, AVAX, performs various tasks within Avalanche and also functions as a reward and payment system for users.
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