Avalanche (AVAX)

Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.

Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.

These are the closest matches to AVAX measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.

• [CoinMarketCap] ATH $146.22 on Nov 21, 2021
• [SEC/Nasdaq] 3 AVAX ETFs: VAVX (VanEck Jan 26), GAVA (Grayscale Mar 12), BAVA (Bitwise Apr 15)
• [SEC] SEC/CFTC Release 33-11412: AVAX classified as digital commodity (Mar 17, 2026)
• [DeFiLlama] BlackRock BUIDL $474.92M on Avalanche (4th largest chain, total $3B+)
• [Bitcoin.com] FIFA World Cup 2026 ticketing on Avalanche L1, 60K+ blockchain transactions
• [CoinDesk] California DMV 42M vehicle titles on permissioned Avalanche subnet
• [Avalanche Blog] Progmat $2B+ tokenized securities migration from Corda to Avalanche L1 (completion Jun 2026)
• [The Block] Securitize EU DLT Pilot license + Investment Firm (CNMV Spain), deploying on Avalanche
• [CME Group] CME AVAX futures launched May 4-5, 2026; 24/7 trading from May 29
• [Avalanche Builder Hub] 100% of tx fees (base+priority) burned; validators paid only from staking emissions
• [Avalanche Builder Hub] Avalanche9000 Etna upgrade Dec 16 2024: L1 costs reduced 99.9%, ACP-77 removes 2K AVAX requirement
• [DeFiLlama] TVL $476.31M (DeFiLlama), peak was $11.4B Nov 2021 (not $2.3B as previously claimed)

What is the Early Thunder score for Avalanche (AVAX)?

AVAX scores 138 out of 250 on the 25-variable framework, ranking 35th of 251 rated tokens (top quartile). The framework verdict is CAUTIOUS HOLD.

What are AVAX's strongest fundamentals?

AVAX ranks highest on Regulatory Safety 9/10, 2nd of 251, Catalyst Calendar 8/10, 3rd of 251, Institutional Adoption 9/10, 5th of 251 and Active Users 7/10, 8th of 251. Ranks are measured against all 251 tokens in the same scoring pass.

What are the weakest parts of the AVAX thesis?

AVAX scores in the bottom third of the universe on P/S Multiple 1/10, 234th of 251 and BTC Alpha Potential 2/10, 200th of 251. The single risk carried on the scorecard is: Validator collapse -55% (1,465→656), net-inflationary (burns 0.13% vs 7.5% emissions), AWS hosts 67.4% of staked AVAX, price -95% from ATH despite strong fundamentals

How much AVAX supply is still to enter circulation?

60% of eventual AVAX supply is circulating today, leaving 1.67x the current float still to arrive. At a flat price per token that is 40% of fully diluted value ahead of current holders.

How far is AVAX from its all-time high?

AVAX trades 95.6% below its all-time high of $144.96. Returning to that high requires a 22.7x move from the level used in this scoring pass.

Which tokens have a similar profile to AVAX?

Measured on the shape of all 25 scored variables rather than on price, the closest matches to AVAX are HBAR (112), ALGO (97), ETH (187) and XLM (108). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.

What catalyst was AVAX scored against?

FIFA World Cup Jun 11 (60K+ blockchain txns already), Progmat $2B migration by end-Jun, Avalanche Summit V Sep 16-17 NYC, AVAX One Nasdaq $700M target This was written as forward-looking when the scoring pass ran. The Jun 11 item has since passed, so read that part as history. Anything else listed may still be ahead.