Will Avalanche (AVAX) Reach $1000?

Last Updated January 14th 2022
6 Min Read

Will Avalanche prices eventually reach $1000? Even more important, what will Avalanche be worth in 2025?

Well, it is hard to give a definitive answer on if and when Avalanche will reach $1000, but the majority of analysts and investors are convinced that AVAX has all it needs to get to this price level in the next few years. The more optimistic expect the altcoin price to grow by the 1100% required to get it to $1000 before 2025, the majority agree it will most likely get here in the next 5 years, and almost everyone believes it will reach this target price by the turn of the decade.

For instance, crypto experts at the all-popular Gov. Capital that uses both technical analysis and machine learning to issue crypto forecasts have a hugely optimistic view of Avalanche’s future performance and expect it to hit this target price by August 2024.

Much of this optimism towards the altcoin is based on the Ethereum killer’s impressive price action throughout 2021. They also stem from the fact that the altcoin has massive potential for upside growth derived from its highly innovative blockchain technology and crypto market’s uptrend.

But just when do crypto analysts expect Avalanche token prices to reach $1000?

We answer this question below and tell you everything else you need to know before buying AVAX tokens, starting with an analysis of its past price action.

Avalanche (AVAX) Price History 2020 To 2022

Avalanche launched its mainnet on 21st September 2020, and according to data from Coingecko, it premiered in the open markets on the following day, selling for around $5. Despite its revolutionary technology and its competitiveness as one of the most viable ‘Ethereum killers’ its wasn’t immediately taken up by the market. In fact, its prices were on a downtrend throughout that quarter and eventually hit their current all-time low of $2.8 on 31St December 2020.

But as the crypto market sprung into a price rally in early 2021, Avalanche took the cue and embarked on a rebound. By 10th February, its price had appreciated 19-fold to top $55. Its next big rally would come about between August and September when AVAX’s prices went from below $10 to $75, a 750% jump in less than four weeks. But even this would be dwarfed by its biggest rally yet that saw AVAX token prices appreciate by more than 240% in the first 21 days of November, jumping from $60 to set its current ATH of $146.

Looking at the altcoin’s impressive performance in its first year of operation, crypto analysts are convinced the altcoin killer will sustain an uptrend that takes it to newer heights in the near future.

So, Will Avalanche (AVAX) Reach $1000?

Yes, it is highly likely that Avalanche token prices will eventually break above $1000. Analysts and investors are confident the token will continue building on its current momentum and will ultimately break above this target price. In fact, when Avalanche token prices were rallying in November 2021, analysts and investors alike were convinced that a sustained momentum would push the token price above $1000 before December 2022.

However, as the December sell-off and bearish sentiments dominated the crypto market, these analysts and investors adjusted their forecasts, and at the moment, they do not think the altcoin has what it takes to reach $1000 in the next 12 months.

But even before we look at when different experts and investors believe Avalanche will reach $1000, we need to ask ourselves if this per-token valuation is even feasible.

And the answer is yes. Nothing stands in the way of Avalanche hitting $1000 now or in the near future, especially not its total coin supply or its market cap. Note that with its circulating supply of 395 million altcoins, a per-token valuation of $1000 would catapult its market cap towards $400 Billion. This would help it rank as the 3rd most valuable crypto asset, just behind Ethereum and give it a leading position among the rest of Ethereum killers.

So, when do analysts estimate AVAX will hit this target price and what factors do they believe will influence the altcoin’s journey here?

Crypto analysts at ICO Creed are confident that Avalanche will sustain its current uptrend for the next few years. But instead of rapid value gain, they foretell a slow-to-moderate uptrend that takes AVAX to $1000 in early 2029.

These sentiments of a moderately uptrending Avalanche token price are also shared by analysts at PricePrediction.Net. Like everyone else, they too are confident that Avalanche token prices will continue rising for the next few years - further indicating that the altcoin will reach $1000 in late 2027.

Analysts at Cryptopolitan have one of the most optimistic views of Avalanche's future price performance. Here, they expect AVAX token prices to rebound and reclaim their all-time high in 2023 before extending this lead and eventually tearing above $1000 in 2026.

Check Out: Avalanche Price Predictions

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Will Avalanche (AVAX) Reach $5000?

It is highly likely that Avalanche token prices will eventually rise to reach $5000. However, none of the crypto analysts and investors we have interacted with when coming up with this Avalanche price prediction guide is convinced that Avalanche can get here before the turn of the decade.

Some of the factors that these analysts believe stand in the way of Avalanche getting to $5000 include the level of growth needed to get to this price, its explosive maximum supply, and stiff competition. They argue that even with its rising popularity, there simply isn’t enough demand to grow AVAX tokens by the 2600% needed to reach $5000 in the next 8 years.

With a maximum token supply of 720 Million, a per token valuation of $5000 would push Avalanche’s market cap above $3.6 Trillion, which is not feasible at the moment.

At best, crypto analysts expect Avalanche to get to this price level after 2030 and long after blockchain adoption and acceptability goes global. Technical analysts at CryptocurrencyPricePrediction, for instance, indicate that AVAX could reach $4600 by December 2030, which implies they expect it to top $5000 early in the next decade.

What Will Avalanche (AVAX) Be Worth In 2025?

As is the case with virtually any other cryptocurrency investment, we cannot tell with utmost accuracy what AVAX will be worth in 2025. The majority of analysts are nevertheless convinced that Avalanche token prices will continue rising for the next few years and expect the altcoin to be worth way more in 2025 than its current price, trading at between $800 and $1700.

Crypto experts at Coinquora are confident that as the Avalanche network launches more upgrades, as it enters into strategic partnerships, as its community grows and use case for its blockchain technology rises, AVAX token prices will break into a run and will possibly reach $800 by the end of 2025.

CryptocurrencyPricePrediction has one of the most optimistic views about the Avalanche token’s future performance. The forecaster indicates that AVAX prices will most likely rebound and break above the tokens all-time high by September 2023 before rising even further and reaching $1655 in December 2025.

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Conclusion: Will Avalanche (AVAX) Reach $1000?

Yes, it is highly likely that Avalanche token prices will continue rising and eventually break above $1000. In 2021, when the Ethereum killer’s prices were rallying, everyone expected it to reach $1000 by the end of 2022. But as the crypto market selloff started in late 2021 and bear sentiments took over the crypto market in January 2022, analysts adjusted their forecasts to indicate that AVAX will most likely reach $1000 by 2025. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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