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Altcoins & DeFi

AVAX falls 94% from peak, trades at $8.06 as ETF flows stall

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Avalanche ‘s native token AVAX recorded a significant price drop, reaching $8.06 as of October 30, 2026, at 00:29 UTC. This marks a 10.45% decline in the previous 24 hours and a 58.51% loss compared to a year ago, according to CoinGecko data. With this decline, AVAX now stands almost 94% below its all-time high set in 2021. The latest CoinGecko snapshot places AVAX below a key support level of $8.26 highlighted by CoinMarketCap on October 28, 2026. Market sentiment, as measured by the Crypto Fear & Greed Index, currently sits at 30, signaling fear among investors. The token’s market capitalization is $3.58 billion, ranking it 29th among cryptocurrencies. Daily trading volume reached $290.2 million, while circulating supply stands at 443.98 million AVAX out of a 720 million maximum.

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