Market-cap peers

AVAX vs LINK

Avalanche and Chainlink scored on the same 25 variables, ranked against the same 251 tokens, with every gap between them shown.

Scoring pass 18 Sept 2026. Market snapshot 7 Oct 2026.

AVAX score
138/250
35th of 251 · CAUTIOUS HOLD
LINK score
165/250
11th of 251 · HOLD
Variables won
6 to 16
3 level of 25
Framework prefers
LINK
by 27 points
01

What separates them

AVAX scores 138 of 250 and ranks 35th of 251. LINK scores 165 and ranks 11th. LINK leads by 27 points, which is a wide enough margin that the framework is not ambivalent. AVAX takes 6 of the 25 variables, LINK takes 16, and 3 are level.

The framework rates AVAX CAUTIOUS HOLD and LINK HOLD. Two tokens close enough to compare do not have to land in the same band, and where they do not, the divergence table below is where the split comes from.

5 variables separate them by 3 points or more. LINK is clear on Protocol Revenue (6 against 2), Revenue Trend (7 against 3) and P/S Multiple (5 against 1).

LINK is valued at $10.01B against $4.93B for AVAX, a 2.0x difference. The larger of the two also scores higher, so the market and the framework agree on the ordering here.

02

All 25 variables, head to head

Both tokens were scored by the same framework in the same pass, so the numbers are directly comparable. What a comparison adds over two separate pages is the gap: a 6 against a 6 is a non-event, a 9 against a 3 is the reason to hold one and not the other.

Cash flow

Cash flow variables compared between AVAX and LINK
Protocol Revenue2
6LINK +4
Revenue Trend3
7LINK +4
P/S Multiple1
5LINK +4
Real Staking Yield6
5AVAX +1

Supply

Supply variables compared between AVAX and LINK
Supply Inflation5
3AVAX +2
Vesting Schedule7
4AVAX +3
Circulating / FDV Ratio7
6AVAX +1
Buyback and Burn3
4LINK +1

Ownership

Ownership variables compared between AVAX and LINK
Smart Money Flows6
8LINK +2
Insider Selling6
3AVAX +3
Holder Concentration5
4AVAX +1

Traction

Traction variables compared between AVAX and LINK
TVL Trend3
7LINK +4
Active Users7
7level
Developer Activity6
8LINK +2
Network Growth7
8LINK +1

Position

Position variables compared between AVAX and LINK
Market Share4
8LINK +4
Competitive Moat6
9LINK +3
Institutional Adoption9
10LINK +1
Exchange Depth7
8LINK +1
Social Mindshare5
7LINK +2

Risk

Risk variables compared between AVAX and LINK
Regulatory Safety9
9level
Catalyst Calendar8
9LINK +1
BTC Alpha Potential2
4LINK +2
Team Execution7
9LINK +2
Treasury Runway7
7level

Bars read outward from the centre: AVAX to the left, LINK to the right. The side that leads a variable is filled. Each score is 1 to 10 against the same definition applied to all 251 rated tokens.

03

Market and supply

Market and supply figures for AVAX and LINK
AVAXLINK
Price$11.12$13.37
Market cap$4.93B$10.01B
Circulating61.6%74.8%
Dilution to full supply1.62x1.34x
Off all-time high-92.3%-74.6%
To recover the high13x3.9x
Total value locked$479.7M$32.00B
NetworkAvalancheEthereum

Price, market cap and all-time high from the CoinGecko snapshot fetched 7 Oct 2026. Supply shares are derived from circulating and eventual supply counts, which do not move with price. The 25 scores come from the research pass dated 18 Sept 2026.

04

Catalyst and risk on each side

AVAX · CAUTIOUS HOLD

Catalyst

The 2026 World Cup ran to 19 July and the Progmat migration completed, so both are history rather than catalysts. Ahead: Avalanche Summit V Sep 16-17 NYC, AVAX One Nasdaq $700M target

Principal risk

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

LINK · HOLD

Catalyst

DTCC Collateral AppChain July test → Q4 production. CCIP v1.5 self-serve. Confidential Compute GA.

Principal risk

60-76M LINK/yr treasury dumps to Binance ($500M+/yr). Fees go to node ops, not LINK holders.

05

Common questions

Is AVAX or LINK the better investment?
On this framework LINK scores higher: 165 against 138 of 250, and it is rated HOLD against CAUTIOUS HOLD. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and AVAX still wins 6 of the 25 individual variables against LINK.
What is the biggest difference between AVAX and LINK?
Protocol Revenue. AVAX scores 2 of 10 there and LINK scores 6, a gap of 4 points on a single variable.
Which is bigger, AVAX or LINK?
AVAX is valued at $4.93B and LINK at $10.01B on the latest market snapshot.
06

Related comparisons

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Research and analysis, not investment advice. A higher score is one framework applied consistently to 251 tokens, not a prediction that one asset will outperform the other.