Avalanche (AVAX) is definitely worth our attention this cycle. It’s not just a Layer 1 solution but also a Layer 0, making it unique in the market. The ecosystem is divided into three blockchains:
🔹 P-Chain: Focused on governance and staking, allowing for the creation of new blockchains.
🔹 C-Chain: Fully compatible with the Ethereum Virtual Machine (EVM), enabling scalability and seamless interaction.
🔹 X-Chain: The home of DApps and asset transactions.
What’s really exciting is that Avalanche combines Solana-like scalability with complete EVM compatibility, offering the best of both worlds.
Now, about its price potential:
In the last cycle, AVAX hit an all-time high of $147. For this cycle, projections using the logarithmic expansion grid suggest targets between $180 and $200, with potential spikes to $300-$500. During the crypto winter, it’s likely to stabilize between $100 and $200.
And in the long term? If Web3 expansion and DeFi growth maintain their momentum, AVAX could realistically hit thousands of dollars in the next cycle.
Looking at DeFiLlama, the total value locked (TVL) on Avalanche keeps climbing. Fundamentally, this is a strong project and, honestly, it’s still undervalued.
The takeaway: AVAX has a unique ecosystem, solid fundamentals, and incredible potential. Keep a close eye on it because the market might be underestimating its true value. 🚀
