AVAX One Reported 17,330 AVAX in March 2026 Fee Burns

AVAX One Technology Ltd. put Avalanche (AVAX) transaction fee burns at 17,330 AVAX for March 2026, a tally the company said remained below staking issuance when it published its analysis April 8.

The analysis placed average daily fee burns at about 559 AVAX. “The net deflationary effect has not yet arrived for AVAX,” AVAX One wrote, describing the situation at the time of publication.

Avalanche’s supply is capped at 720 million AVAX, with 360 million minted at genesis. Eligible fees on the X-, C- and P-Chains, as well as Avalanche L1s that use AVAX for gas, are burned. Validator rewards are minted separately on the P-Chain, so fee burns alone do not establish that the total supply is falling.