Avalanche (AVAX) has gained significant attention in December 2024 due to its strong performance and network upgrades. Its price is trading around $50 to $58 with a market capitalization exceeding $20 billion, making it one of the top cryptocurrencies in the market. Analysts suggest it could reach as high as $100 by the end of the month, fueled by bullish sentiment and increasing adoption of its scalable blockchain technology, which can handle over 6,500 transactions per second (TPS).
The AVAX ecosystem's innovative subnet technology and lower transaction costs compared to competitors like Ethereum are driving its popularity. For the long term, experts predict steady growth with potential highs of $135–$180 by 2030, depending on market conditions and adoption rates.
For more detailed predictions and analyses stay with us.
Short-Term Shorting: Short AVAX near $43.84 support as it faces near-term declines.
Long-Term Hold: Retain AVAX for potential growth by 2025, with predictions reaching $180.