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The Great Avalanche Prognosis - Where Does AVAX Stand in 2022, 2025 and 2030?

 


What is Avalanche (AVAX)?

Avalanche is a modern blockchain network that can execute smart contracts and, above all, impresses with its high scalability. It is a multi-chain system that stands for high scalability, high interoperability and low fees. Avalanche is used primarily in the area of ​​decentralized financial services (DeFi).


Avalanche

Avalanche's network token is called AVAX. It is used for all fees and services and burned after use. Avalanche wants to solve the scaling problems that have arisen with Ethereum, among others, without sacrificing decentralization.

The special thing about Avalanche is the fact that the network consists of 3 chains. The P- and the C-Chain are pure blockchains and the X-Chain is a decentralized acyclic graph (DAG). Each chain has its own core functionality, which means that the network can execute extremely fast transactions through the combination of the chains.


How has the AVAX price moved over the past few months?

In 2021, AVAX price saw a massive surge. It reached its all-time high at the end of November 2021 at over 146 US dollars. Even after that, the price saw another peak at the end of December before the bear market caused the AVAX price to fall sharply. At the turn of the year, when most other cryptocurrencies had already seen heavy losses, AVAX was still trading at $109. 

Avalanche then continued to fall in 2022 . However, the course was able to stay above 90 dollars until April. In May and June, the AVAX token then saw further heavy losses, which made the Avalanche forecast for 2022 heavily negative. In mid-June, the AVAX price even fell below 15 dollars.


In the last few weeks and months, the price has been able to stabilize very well and we no longer saw any strong upward or downward swings. In mid-October, the AVAX price is currently around $15. So the price has lost almost 90% of its all-time high. 


What made the Avalanche forecast for the end of 2021 so positive?

In the bull market, many projects on the crypto market experience short- to medium-term hype, which causes the price of a crypto currency to rise massively. That included Avalanche. The surge in AVAX price followed massive price increases in Cardano (ADA) in September and Solana (SOL) in October 2021. 


In this market phase, investors particularly liked to invest in projects that promised high scalability and were also considered “Ethereum killers” . Avalanche was the third such project alongside Cardano and Solana. So, just prior to the onset of the bear market, Avalanche had its big rally. The Avalanche forecast for 2022 quickly turned negative again due to the bear market.


What is the Avalanche prognosis for the next few years?

In the following we would like to deal with the Avalanche forecast for the next few years and see whether the cryptocurrency can also rise in the next few years. To do this, we want to look at the forecasts for the end of 2022 and for the years 2025 and 2030. 


What is the Avalanche forecast for the end of 2022?

There are only a few weeks until the end of 2022. Therefore, we want to try to forecast the price at the end of 2022. The Avalanche forecast for the end of 2022 should not differ much from the current course. In the past few weeks, the Avalanche rate has fluctuated between $15 and $20.


In the next few weeks until the end of the year, the price should no longer move much. If we see a strong price movement, the price is more likely to fall. After such a long period of sideways movement, a swing up or down becomes more likely over time. The Avalanche forecast for the end of 2022 is therefore neutral to slightly negative.

In the next 3 years there could be some price movements on the market again. As early as 2023, the first price increases could start again after the massive losses in the bear market. After the Bitcoin Halving in 2024, we should transition back into a bull market in the following months. With that, the AVAX course should rise again.


In the last bull market, AVAX rose from a value of $3 at the end of 2020 to an all-time high of $146. We saw an increase by a factor of 50 within a year and a bull market. This increase would probably be lower in a new bull market, since the initial hype about Avalanche would now be lower. But we can expect a factor of 25 for the time being. If we continue to take a low of $10, AVAX could rally as high as $250.

Now we want to look further into the future and make the Avalanche forecast for 2030. So far into the future, it's hard to make predictions. The market and external circumstances can change so massively over the next 8 years. For now, we can only look back at the cryptocurrency cycle.


After the bull market in 2025, there should be another bear market in which prices drop by 80 to 90 percent. This could drop the AVAX price to $30 to $50. If we take $40 as the low in this bear market and assume a factor of 20 for the next rise, the price can go as high as $800 in the ensuing bull market. 

In 2030 we could see either the end of the bull market or already the bear market. As such, we have to give a wide range in the Avalanche forecast this year.


Is an investment in the AVAX token worthwhile?

The Avalanche prognosis for the next few years is quite positive if the project should continue to develop in a good direction. As with many other altcoins, there is also a greater risk here because Avalanche is also a relatively young project. As such, you can invest in the AVA if you believe in the project, but you should own a diversified portfolio of cryptocurrencies. 

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