AvalancheAVAX

A proof-of-stake blockchain with an Ethereum-style main chain and custom chains; all AVAX fees are burned.

Rank #29Since September 2020

Price on 31 Oct 2026

C$11.88 +32.6% since 31 Jul 2026 · 93.5% below its all-time high

The short version

Avalanche is a proof-of-stake blockchain with an Ethereum-compatible main chain and custom chains built for institutions, games and tokenized assets. Ava Labs of New York, led by Emin Gün Sirer, develops it, and every network fee paid in AVAX is burned. Three US spot AVAX ETFs have traded since Jan 2026, and two listed companies held about 6% of supply in March. On 31 Oct 2026 one AVAX cost C$11.88. From 31 Jul 2026 to 31 Oct 2026 its price changed +32.6% in Canadian dollars, and it was 93.5% below its all-time high of C$183.26 set on 21 Nov 2021.^[1]

Checked 31 Oct 2026 · 13 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$26.41 (3 Nov 2025) · low C$8.33 (20 Jun 2026) · -53.3%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$11.89	US$8.52
30 Sep 2026	C$16.28	US$11.43
31 Aug 2026	C$9.86	US$7.11
31 Jul 2026	C$9.02	US$6.43
30 Jun 2026	C$9.47	US$6.66
31 May 2026	C$12.34	US$8.95
30 Apr 2026	C$12.38	US$9.12
31 Mar 2026	C$12.24	US$8.80
28 Feb 2026	C$12.33	US$9.01
31 Jan 2026	C$14.70	US$10.90
31 Dec 2025	C$17.20	US$12.56
30 Nov 2025	C$19.99	US$14.25

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$11.88^[1]
3-month change: +32.6% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 93.5% below its high of C$183.26 (21 Nov 2021)^[1]
Market rank: #29, market value about C$5.3B^[1]
Kind: Native coin · Avalanche (its own network)
Started: September 2020

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoNew AVAX come only from staking rewards within the 720M cap^[2]

Can anyone freeze or take coins from holders?NoThe protocol has no function to freeze or seize AVAX^[3]

Can the token's contract code be changed?Not applicableRuns on its own blockchain; its rules change only through network upgrades

Is the supply capped?Yes720M maximum^[2]

Any scheduled unlocks in the next 12 months?YesFoundation gets 1.667M AVAX a quarter, about 1.5% of circulating over 12 months^[2]

Does a team or foundation hold over 10% of supply?Not disclosedAbout 30% went to team, foundation and investors at launch; current holdings unpublished^[3]

Do network fees reach coin holders?YesAll network fees are burned: US$2.80M in the past year^[4]

Main network hacked or halted in the past 2 years?NoNo exploit or halt of Avalanche itself found since Oct 2024^[5]

Is a regulator or court case targeting the coin itself?NoNamed a digital commodity on 17 Mar 2026; no enforcement found^[6]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: Ava Labs (Brooklyn, New York), CEO Emin Gün Sirer; the Avalanche Foundation is a separate non-profit^[3]
Funding: About US$42M public sale (2020), US$230M (2021) and a US$250M locked-token sale (Jan 2025)^{[3, 7]}
Treasury companies: Avalanche Treasury Co. 13.39M AVAX and AVAX One about 13.94M AVAX, both end-March 2026^{[8, 9]}

Supply

In circulation: 444.00M AVAX of a 720.00M maximum (61.7%)^[1]
Fully diluted value: 1.06 times its current market value^[1]
Circulating: About 445.1M of 720M maximum (61.8%); most of the rest is the staking-rewards reserve^[2]
Unlocks: The Avalanche Foundation receives 1.667M AVAX each quarter; the next is about 24 Jan 2027^[2]
New coins: Staking rewards of about 11-12M AVAX a year (about 2.5%)^[10]

Use and fees

Main use: C-chain apps plus custom 'Avalanche L1' chains for institutions, gaming and tokenization^[3]
Network fees: US$2.80M in the past year, all burned; apps took US$114.8M^[4]
Stablecoins: US$1.27B on Avalanche, 31 Oct 2026^[4]

Trading

Daily trading: About C$467.1M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 6.87% of its market value changes hands each day^[1]
20-week average: 8.3% above its 20-week average price^[1]
1-year change: -53.9% in C$^[1]^[11]

History

Not a forecast

Coins ranked 11-50 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 1,080 cases, 157 coins

46% were higher a year later^[12]

Typical result: Median -6% after a year; 61% higher after two years
Lost half or more: 25% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found

Two listed treasury companies held about 27M AVAX, about 6% of supply, at end-March 2026; Avalanche Treasury Co. shares fell 73% by early July.^{[8, 9]}
Three US spot AVAX ETFs (VanEck, Bitwise, Grayscale) have traded since Jan 2026, each staking about 70% of holdings.^[10]
AVAX One's chief executive stepped down in 2026; the exact date was not confirmed.^[13]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.