AVAX Falls 28% in Four Weeks, Lagging Bitcoin and Ether

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AVAX Falls 28% in Four Weeks, Lagging Bitcoin and Ether

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Bitcoin Ethereum Avalanche

Avalanche's AVAX fell 27.6% over 28 days to Nov. 8, 2026, and dropped below $8. The slide reverses its autumn outperformance against bitcoin and ether, which fell 11.3% and 16% over the same window.

AVAX fell 27.6% over the 28 days to Nov. 8, 2026, dropping below $8 as the token's autumn outperformance gave way to deeper losses than bitcoin and ether.

AVAX gives back its autumn gains

CoinGecko's price series puts AVAX at $7.85 at 5 p.m. ET on Nov. 8, down from $10.85 at 6 p.m. ET on Oct. 11. Over those identical endpoints, bitcoin fell 11.3% and ether lost 16%, according to The Defiant's calculations.

However, the move flips the picture from The Defiant's Oct. 11 report, when AVAX had gained 49.7% over the preceding four weeks, compared with bitcoin's 9% advance and ether's 2.3% rise.

AVAX also underperformed over the final seven days, falling 9.4%, against bitcoin's 4.9% decline and ether's 6.2% loss. The calculations measure dollar price returns and exclude staking rewards.

Selling reaches the wider watchlist

The selling extended beyond Avalanche. In The Defiant's approximately 4:55 p.m. ET snapshot on Nov. 8, all 40 eligible non-stablecoin assets on its selected watchlist had fallen over their matched approximately 24-hour windows. The basket is not a measure of the entire crypto market.

Shorter staking brings lower rewards

Holders who stake AVAX to help secure Avalanche face a change in reward terms that is still phasing in. The Helicon upgrade, activated Sept. 22, cut the minimum validator commitment from two weeks to 48 hours while retaining the 2,000 AVAX minimum stake.

Rewards for shorter commitments are being reduced over 90 days, while the reward for a full-year commitment is unchanged, according to Avalanche. The rate is fixed when a commitment begins and holds for its duration.

Institutional lending plans also advanced during the price-measurement window. In an Oct. 19 proposal, Aave Labs sought to add the USAT dollar stablecoin to Aave's V4 Core Instance on Avalanche. The proposal calls for incorporating risk providers' final configuration and an Aave DAO vote before onchain enforcement.

Source: The Defiant

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