10 Worst Performing Altcoins in 2025

5. Avalanche (AVAX)

Market Cap as of February 21 2025: $10.56 Billion

Year to Date Drop: 31.23%

Avalanche (AVAX) is one of the most valuable alternative coins that power the decentralized finance world. It boasts of a unique, innovative contract-based DeFi system that continues to see strong growth amid the rapid growth of decentralized finance. Thanks to Avalanche’s technological innovations, the network can process up to 6,500 transactions per second while maintaining some of the best security and scalability.

After rallying in the last quarter of last year, AVAX has been under immense pressure. It has faced a significant decline in price, retracing all of its gains made in November. The coin has already been down by about 31.23% for the year, underperforming the overall cryptocurrency market. The drop in active addresses and network expansion is one of the biggest worries for AVAX holders since it may indicate a lack of market confidence and decreased demand.

In mid-December, Avalanche’s Total Value Locked (TVL) peaked at $1.65 billion but has since dropped to $1.28 billion. This decline in TVL suggests that there is less liquidity in the network, which may cause AVAX’s price to drop even more.