Avalanche (AVAX) declined 7.36% on October 13, 2026, bringing its price to $10.24. The single-day drop extended a broader short-term pullback, with the token also down 9.50% over the past seven days.
Despite the recent weakness, AVAX has posted a 40.37% gain over the trailing 30-day period, reflecting a significant rally that preceded the current downturn. The token's market capitalization stood at $4.63 billion as of Tuesday's close.
The divergence between short-term losses and the stronger monthly performance suggests the asset remains well above levels seen roughly a month ago, even as selling pressure has intensified in recent sessions.
Avalanche is a layer-1 blockchain network whose native token, AVAX, is used for transaction fees, staking, and network governance. Like much of the broader crypto market, it has shown heightened volatility across multiple timeframes.
