AvalancheAVAX
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Avalanche traded down to $6.26 on Friday, a print last seen in early 2021, after a market-wide liquidation wave punched through the $8 shelf that bulls had defended for most of the spring. The drop pushed AVAX 14% lower on the day and dragged Cryptomat's proprietary Beast Score to 23, deep in strong-bearish territory. The question isn't whether the trend is broken. It's whether $6 holds long enough for buyers to build a base.
AVAX's slide is not happening in isolation. Crypto.News flagged a broader liquidation wave on Friday morning, and AVAX was one of the L1 majors that took the worst of it. The token printed $6.26 intraday, a level the chart hasn't visited since the early 2021 cycle when Avalanche was still a sub-$10 name building out its subnet pitch. That history matters for one reason: there is essentially no recent overhead supply between current price and the next visible shelf, but there is also no recent buyer memory to defend it. The holders who bought here five years ago either sold long ago or are sitting on positions they've already mentally written down. Either way, they're not the marginal bid.
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Avalanche: AVAX Cracks to Early-2021 Levels as Beast Score Reads 23
AVAX fell 14% to $6.26, a five-year low. Cryptomat's Beast Score sits at 23, sentiment is zeroed out, and the chart now hinges on one weekly close.
BeInCrypto Maps Three Layers of World Cup 2026 Crypto Plays From CHZ to Solana Memes
BeInCrypto on Sunday split World Cup 2026 crypto bets into three tiers: official FIFA-linked tokens like CHZ and AVAX, infrastructure plays, and Solana memes.
Kraken Opens AVAX Staking to U.S. Clients, Joining Coinbase in Custodial Yield Push
Kraken rolled out AVAX staking on Thursday, AMBCrypto reported, intensifying a custodial yield race with Coinbase as exchanges fight to keep user assets…
Avalanche: Kraken's 10% Staking Bait Lands Into A Quiet Tape
Kraken launched AVAX staking at up to 10% APY on May 21. With a neutral CryptoBeast score of 58 and thin news flow, the catalyst lands into a quiet tape.
Bitcoin Pins $77K As ETF Bid Cools, While SOL And XRP Lead Sentiment Tape With Perfect Scores
BTC consolidates near $77,763 with whales distributing $77K-$81K, SOL and XRP top Cryptomat sentiment at 100, Zcash extends 110% monthly rally toward $700.
Crypto sentiment hits 89 extreme greed as BTC slips under $78,500 on first Q2 ETF outflow week
BTC trades at $78,188 after a $1B weekly ETF outflow snaps a six-week inflow streak. Market pulse hits 89 extreme greed as XRP, BNB lead sentiment.
About Avalanche
Avalanche (AVAX) is a smart contract cryptocurrency.
An evergreen profile covering its purpose, key milestones, use cases, and risks will appear here.
FAQ
- What is Avalanche?
- Avalanche (AVAX) is a general-purpose smart contract platform - a programmable blockchain that runs decentralized applications. See our methodology page for how we track and analyze it.
- What can you build on Avalanche?
- Avalanche (AVAX) hosts smart contracts: programmable on-chain logic that powers DeFi, NFTs, governance systems, and other decentralized applications. Developers deploy code; users interact with the resulting protocols through wallets.
- Why is Avalanche considered a major crypto?
- Avalanche (AVAX) is in the top tier of tracked assets at Cryptomat. Tier 1 covers blue chips with deep liquidity across major exchanges, sustained news flow, and (for most) ETF eligibility or active institutional coverage.
- Where can I see the live Avalanche price?
- The live Avalanche price is at the top of this page, streamed in real time from Binance spot markets.
- Where can I read the latest Avalanche analysis?
- This hub aggregates Cryptomat's Avalanche coverage in one place: classified breaking news, deep-dives with bull/base/bear scenarios, on-chain signals, and the CryptoBeast sentiment score.