What Are The Top Crypto Market Rankings and Trading Volumes in August 2025?

AVAX ranks 18th with $10.69 billion market cap

Avalanche's native token AVAX currently holds a significant position in the cryptocurrency market, ranking 18th with a market capitalization of approximately $10.69 billion. This impressive valuation represents about 0.24% of the total cryptocurrency market capitalization, demonstrating AVAX's established presence among digital assets. The token serves as the backbone of the Avalanche blockchain platform, which consists of three individual blockchains: the X-Chain, C-Chain, and P-Chain.

AVAX fulfills critical functions within its ecosystem, primarily being used for transaction fees and staking activities. With a circulating supply of 422.28 million tokens and a maximum supply capped at 715.75 million, AVAX has built-in scarcity mechanisms that support its value proposition.

| AVAX Key Metrics | Value | |-----------------|-------| | Market Cap | $10.69 billion | | Global Ranking | 18th | | Circulating Supply | 422.28 million | | Maximum Supply | 715.75 million | | Current Price | ~$25.32 | | 24h Trading Volume | $876.8 million |

The token has demonstrated resilience in the market, showing a positive trajectory with recent price movements indicating growing investor interest. The Avalanche network's compatibility with Solidity programming language also provides a strategic advantage, allowing Ethereum developers to easily transition to building on its platform.

422.28 million AVAX in circulation out of 457.28 million total supply

Avalanche's tokenomics reveal a carefully structured supply distribution. As of the latest data, AVAX has 422.28 million tokens in active circulation from a total supply of 457.28 million tokens. This represents approximately 92.3% of the current total supply being actively traded in the market. The maximum supply cap is set at 715.75 million AVAX tokens, indicating that only about 59% of the ultimate maximum supply is currently circulating.

The current supply distribution reflects Avalanche's strategic token release schedule:

| Supply Metrics | Amount (AVAX) | Percentage of Max Supply | |----------------|---------------|--------------------------| | Circulating Supply | 422.28 million | 59.0% | | Total Supply | 457.28 million | 63.9% | | Maximum Supply | 715.75 million | 100% | | Remaining to be Released | 293.47 million | 41.0% |

The gradual token release approach implemented by Avalanche helps maintain price stability while allowing for network growth. The annual inflation rate stands at approximately 7.47%, with about 29.37 million new AVAX entering circulation yearly. This controlled emission schedule provides predictability for investors and sufficient token availability for network operations, including staking rewards that incentivize validator participation and enhance network security through the platform's proof-of-stake consensus mechanism.

24-hour trading volume reaches $1.41 billion with 955 active markets

Avalanche has demonstrated exceptional market activity recently, with its 24-hour trading volume surging to an impressive $1.41 billion across 955 active markets. This significant trading volume reflects growing investor interest and heightened market participation in AVAX. The current trading metrics represent substantial growth compared to previous periods, as evidenced in the market performance data:

| Metric | Current Value | Change | |--------|--------------|--------| | Trading Volume | $1.41 billion | +59.94% (24h) | | Active Markets | 955 | N/A | | Price | $25.28 | +0.64% (24h) | | Market Cap | $10.67 billion | Rank #18 | | Circulating Supply | 422,275,285 | Total Supply: 457,277,985 |

The robust trading volume coincides with positive price movement, as AVAX has increased 7.42% over the past week and 15.13% over the past month. This trading activity demonstrates the maturing ecosystem of Avalanche and its growing adoption within the cryptocurrency market. The platform continues to attract traders on Gate and other exchanges due to its smart contract capabilities, interoperability features, and expanding developer community. With its current market position firmly established among the top 20 cryptocurrencies by market capitalization, the substantial trading volume indicates strong market confidence in AVAX's underlying technology and future potential.