How Does the AVAX Market Cap Compare to Other Top Cryptocurrencies in 2025?
AVAX market cap ranks 11th at $8.98 billion
AVAX has solidified its position as a major player in the cryptocurrency market, with its market capitalization reaching $8.98 billion as of October 17, 2025. This impressive valuation places Avalanche at the 11th spot among all cryptocurrencies, showcasing its growing prominence in the digital asset landscape. The current market cap reflects a significant increase from its earlier valuations, demonstrating the platform's expanding adoption and investor confidence.
To put this achievement into perspective, let's compare AVAX's market performance with its historical data:
| Metric | Current (2025-10-17) | Historical High | Historical Low |
|---|---|---|---|
| Market Cap | $8.98 billion | N/A | N/A |
| Price | $19.49 | $144.96 (2021-11-21) | $2.8 (2020-12-31) |
| Circulating Supply | 426,415,208 | N/A | N/A |
| Total Supply | 459,750,573 | N/A | N/A |
| Max Supply | 720,000,000 | N/A | N/A |
The current circulating supply of AVAX tokens stands at approximately 426 million, which is about 59% of its maximum supply of 720 million. This controlled supply strategy may contribute to maintaining the token's value and scarcity. Despite recent market volatility, with a 24-hour price decline of 12.25%, AVAX's strong market cap ranking indicates sustained interest and investment in the Avalanche ecosystem. The platform's focus on decentralized applications, financial primitives, and interoperable blockchains continues to attract developers and users, potentially driving long-term growth and solidifying its position among the top cryptocurrencies.
AVAX circulating supply reaches 459.68 million
Recent data reveals that Avalanche (AVAX) has reached a significant milestone in its circulating supply, now standing at 459.68 million tokens. This figure represents a substantial portion of the total supply, which is capped at 715.75 million AVAX. To put this into perspective, let's examine the current supply metrics:
| Supply Type | Amount (in millions) | Percentage of Max Supply |
|---|---|---|
| Circulating | 459.68 | 64.22% |
| Total | 459.75 | 64.23% |
| Maximum | 715.75 | 100% |
The current circulating supply accounts for approximately 64.22% of the maximum supply, indicating that a significant portion of AVAX tokens are already in circulation. This increased availability could potentially impact market dynamics and token valuation.
At the time of this analysis, AVAX is trading at around $19.49, with a market capitalization of $8.96 billion. The token has experienced notable price fluctuations, having reached an all-time high of $144.96 on November 21, 2021, and a low of $2.8 on December 31, 2020. These price movements, coupled with the increasing circulating supply, underscore the evolving nature of AVAX's market presence and investor interest in the Avalanche ecosystem.
24-hour trading volume of AVAX hits $726.24 million
The recent surge in AVAX's 24-hour trading volume to $726.24 million marks a significant milestone for the Avalanche network. This substantial increase in trading activity reflects growing investor interest and market confidence in AVAX. To put this figure into perspective, let's compare it with recent data:
| Date | 24-hour Trading Volume |
|---|---|
| Recent Average | $737-$790 million |
| Current | $726.24 million |
While slightly below the recent average range, the current volume remains robust and indicates sustained market engagement. This trading activity coincides with AVAX's price movements, as seen in the following price trends:
| Time Frame | Price Change Percentage |
|---|---|
| 1 Hour | -0.31% |
| 24 Hours | -12.25% |
| 7 Days | -31.080% |
Despite short-term price volatility, the high trading volume suggests that investors are actively participating in the market, potentially seeing opportunities in price fluctuations. The Avalanche network's unique features, including its revolutionary consensus protocol and smart contract capabilities with 1-second transaction finality, continue to attract attention from both developers and investors. As the platform evolves and expands its ecosystem, sustained high trading volumes may indicate growing adoption and utility of AVAX tokens within the Avalanche network.
AVAX available on major exchanges like Binance and Kraken
Avalanche (AVAX) has gained significant traction in the cryptocurrency market, with its availability on major exchanges playing a crucial role in its accessibility and adoption. Among the prominent platforms supporting AVAX, Kraken stands out as a key player. Kraken now offers support for AVAX on its C-Chain, providing users with a secure and reliable avenue for trading this digital asset. The exchange's reputation for robust security measures and regulatory compliance adds an extra layer of trust for investors looking to engage with AVAX.
When comparing trading volumes across exchanges, the data reveals interesting insights:
| Exchange | AVAX Trading Volume (24h) |
|---|---|
| Kraken | $6,262,960.78 |
| Gate | $426,415,208.19 |
While Kraken's trading volume for AVAX is substantial, Gate demonstrates even higher liquidity, indicating a strong market presence for AVAX across multiple platforms. This diversity in exchange availability not only enhances liquidity but also provides traders with various options for executing their AVAX transactions.
The widespread availability of AVAX on major exchanges has contributed to its market performance, with a current price of $19.49 and a market capitalization of approximately $8.96 billion. These figures underscore AVAX's position as a top 25 cryptocurrency by market cap, reflecting the growing interest and confidence in the Avalanche ecosystem among investors and traders alike.