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

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.