Avalanche
AVAX#22AVAX is the native coin of Avalanche, a smart-contract blockchain, used to pay fees and secure the network through staking.
- Market cap
- $4.83B
- Volume 24h
- $632.25M
- All-time high
- —
- Circulating supply
- 443.23M of 715.75M
Passes all 8 Shariah criteria.
- 8 pass
- 0 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Fundamentals, market picture and news will appear here.
AI Insight
Fundamentals: Moderate
Avalanche has active open-source development, three US spot funds and new public-sector use, but AVAX still inflates by about 5% a year and on-chain fee income is modest.
Reviewed every 3 months and on major eventsNews: Positive
Avalanche had a busy period: the Helicon network upgrade went live, a UAE government document wallet moved to an Avalanche L1, and Ava Labs reshuffled its leadership.
Reviewed monthly and when something material happens- PositiveHelicon upgrade activates on Avalanche mainnetIt cuts the minimum validator staking period to 48 hours and adds auto-renewed staking and asynchronous C-Chain execution; Ava Labs expects annual AVAX inflation to fall by 0.5 to 1 percentage point.
- PositiveUAE moves the UAEPASS Digital Vault onto a dedicated Avalanche L1A government document wallet serving about 12.5 million users and more than 350 entities now runs on Avalanche, a notable public-sector deployment.
- NeutralAva Labs names Charley Cooper President and Lydia Chiu CFOJohn Wu stepped down as President to become a senior adviser; the changes reshape the top team of the main Avalanche developer.
Price & market
AVAX trades near 10.8, inside the current zone of 10.5–11.1, after a 49% gain in 30 days. From here the potential is unfavourable: about 4.9% to 11.3 against about 8.8% to 9.83. Fundamentals are moderate overall, supported by the Helicon upgrade, several US spot funds and the UAEPASS move to an Avalanche L1. Ongoing staking inflation, modest fee income and volatility near 99% weigh on the 2 to 12 week view, which is cautious, while the long-term view is attractive.
- Review level
- $9.83
AI-assisted analysis. Not investment advice.
Technical analysis
4HThe trend and key levels appear once 200 candles close. About 6 days to go.
Where it trades
Section in preparation
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