Avalanche Rises More Than 5% In 24 hours

Avalanche's AVAX/USD price has increased 5.53% over the past 24 hours to $29.11. Over the past week, AVAX has experienced an uptick of over 10.0%, moving from $26.4 to its current price. As it stands right now, the coin's all-time high is $144.96.

The chart below compares the price movement and volatility for Avalanche over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has risen 1.0% over the past week diverging from the circulating supply of the coin, which has decreased 0.2%. This brings the circulating supply to 406.02 million, which makes up an estimated 56.39% of its max supply of 720.00 million. According to our data, the current market cap ranking for AVAX is #13 at $11.82 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.