AVAX Historical Price and Return Analysis: Should I Buy AVAX Now?

Summary

This article provides a comprehensive review of AVAX’s historical prices and market fluctuations since its inception, combining data from bull and bear market phases to evaluate the potential returns for investors purchasing 10 AVAX tokens. It also addresses the key question, “Should I buy AVAX now?” to help both beginners and long-term investors grasp timing and growth opportunities.

Early Market Cycles and the Beginning of the Bull Market: Historical Price Review (2020 to 2021)

Avalanche (AVAX) was founded by Emin Gün Sirer, Kevin Sekniqi, and Ted Yin, built on the Avalanche consensus algorithm. According to records, AVAX’s early trading price was approximately $4.99. This open-source platform employs a revolutionary consensus protocol, supporting smart contracts with 1-second transaction finality and compatibility with Ethereum tooling.

Below are the price changes of AVAX during the initial market phase:

2020

• Opening Price: $4.99
• Closing Price: $3.47
• Highest Price: $4.99
• Lowest Price: $2.9
• Annual Return: -30.52%

2021

• Opening Price: $6.59
• Closing Price: $113.07
• Highest Price: $128.45
• Lowest Price: $6.59
• Annual Return: 1616.97%

An investor who bought 10 AVAX in 2020 and sold at the end of 2021 could have realized a potential gain of 74.44%. However, holding until the end of 2021 would have significantly increased the initial investment’s return, reflecting the substantial growth during that year.

Bear Market Adjustment and Mid-term Market Cycle: Return and Risk Analysis (2022 to 2023)

During this period, AVAX’s price experienced sharp declines followed by rebounds, influenced by the overall adjustment in the cryptocurrency market.

Potential returns for investors purchasing 10 AVAX in different years are as follows:

• 2022: -752.9%
• 2023: 19.55%

2022

• Opening Price: $89.32
• Closing Price: $10.87
• Highest Price: $97.97
• Lowest Price: $10.87
• Annual Return: -87.83%

2023

• Opening Price: $12.07
• Closing Price: $38.54
• Highest Price: $47.69
• Lowest Price: $8.78
• Annual Return: 219.17%

Recent Market Cycle: Should I Buy AVAX Now? (2024 to 2026 so far)

In recent years, AVAX has experienced a market pattern of rising followed by falling, with investors divided on its future prospects.

2024

• Opening Price: $33.63
• Closing Price: $43.09
• Highest Price: $58.42
• Lowest Price: $20.41
• Annual Return: 28.13%

2025

• Opening Price: $36.55
• Closing Price: $14.26
• Highest Price: $36.55
• Lowest Price: $12.15
• Annual Return: -60.98%

2026

• Opening Price: $14.03
• Closing Price: $14.03
• Highest Price: $14.03
• Lowest Price: $14.03
• Annual Return: 0.0%

Potential returns for investors purchasing 10 AVAX during this period are:

• 2024: -196.0%
• 2025: -225.2%
• 2026 so far: 0.0%

Conclusion: Bull, Bear, and Investment Timing Analysis

By analyzing AVAX’s historical prices and potential returns, we see that the asset has experienced a rapid rise in early 2021 (1616.97% annual return), followed by a sharp correction in 2022 (-87.83%), and a slow recovery phase. The current market is in a consolidation phase at a low level, and investors should carefully assess risks and opportunities, making decisions based on their risk tolerance.