Although Avalanche (AVAX) was launched only in September 2020, within a year and a half it is already one of the biggest cryptocurrencies on the market. The total market capitalization of AVAX is more than $20 billion. It is one of the biggest competitors of Ethereum.
Avalanche today is a fast smart contract crypto platform that markets itself as an environment-friendly project. But why is AVAX a good investment? What price of Avalanche should we expect in 2022? Finally, where and how to swap ETH to AVAX? Read below.
Ethereum Price Predictions 2022
ETH is a coin launched by Ethereum in 2016. In the beginning, it cost $0.7, but in January of 2022, the price was already around $3,000 per coin. ETH has the second biggest market capitalization on the crypto market with over $370 billion. More than 119 million coins are circulating today.
If you have doubts about trading ETH, you should check the price forecast for the coin. Such platforms as Price Prediction and TradingBeasts conduct deep AI-assisted technical analysis and provide the most accurate predictions possible. Both platforms predict continuing growth for Ethereum. According to Price Prediction, the price will fluctuate between $4,339 and $5,215 in 2022. The average price is predicted to reach around $4,463.
At the same time, TradingBeasts predicts ETH price in 2022 between $2,514 and $3,834. The average trading price for the following year will be around $3,000.
In any way, ETH is expected to increase in price in 2022.
Avax Price Predictions 2022
The relatively new cryptocurrency AVAX and platform Avalanche are constantly developing. Its community currently expanded to 1.3 million members globally. The current overall number of individual projects conducted on Avalanche is around 400. Such goals allowed AVAX to increase its price up to $95 per coin in January of 2022.
But will it continue to grow in 2022? Certainly yes. According to a forecast from TradingBeasts, the price of AVAX will hit $120 by the end of 2022, but the average numbers are around $96 in December 2022. Even more expensive AVAX will be in 2022 according to the forecast from Price Prediction. Analysis shows that the maximum price level of AVAX can be around $141 in 2022. It will not drop lower than $121 per coin with an average trading price of around $124.
How to Convert Ethereum (ETH) to Avalanche (AVAX)?
Today you can easily convert ETH to AVAX without spending time on registration and confirmation on Godex.io. Along with full anonymity, the platform provides complete safety and transparency. To swap EHT to AVAX you have to follow a few steps:
- Go to the exchange platform and select a trading pair
On the main page, you will find a swapping field. Select Ethereum (ETH) in the “You send” drop-down menu and provide the number of ETH coins you want to exchange. In the “You Receive” menu, choose Avalanche (AVAX) and click “Exchange.”
- Provide AVAX address
The next step is providing your wallet address. You can also insert a promo code below the address if you have one. After checking the details, click “Exchange” again. A deposit wallet address will pop up next. You have to send the desired amount of coins to this address.
- Do you want to repeat?
After completing the swap, you will see all the details regarding the transaction. If you want to exchange again, then click “Restart Exchange.”
You can exchange as many ETH as you wish, and there are no limits on transactions per day. Do not worry about safety when swapping. Your transaction is secured from DDoS attacks.
Best Places to Buy Avalanche (AVAX) in 2022
One of the most attractive platforms to buy AVAX in 2022 is Godex: https://godex.io/. Besides full anonymity, safety, and transparency, the platform also provides a fixed rate for all transactions. Once you have created an exchange order, the system will freeze the offered rate. It protects you from price fluctuation while swapping.
Godex is a non-custodial exchange platform that offers more than 300 cryptocurrencies. The whole process is fully automatic, but you can call the support anytime (it works 24/7). Once you complete the exchange, it will take from 5 to 30 minutes for the transaction to complete.
Is Ethereum (ETH) to Avalanche (AVAX) a Good Investment?
Above you can learn how to swap ETH for AVAX and get the profit. But is it a good idea? When comparing Ethereum and Avalanche, remember that AVAX can process around 4,500 transactions per second. But ETH during the same period can handle only 14. AVAX is one of the biggest cryptocurrencies on the market with a quite low price. Today, it is faster and cheaper to use AVAX than ETH. But, according to the experts, the capitalization and price of both coins will keep growing in 2022.