Why is avalanche so expensive?

Could you elaborate on why the cost of Avalanche, a cryptocurrency network, seems to be relatively high? Are there specific factors contributing to its high price, such as increased demand, limited supply, or advancements in its technology? Are there any potential risks associated with investing in Avalanche due to its elevated valuation? How does Avalanche's pricing compare to other cryptocurrencies in the market, and what factors might influence its future value?