AVAX

Avalanche price
AVAX
#12

$28.95  

7.48% (1d)

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Avalanche statistics
Market cap
$11.77B

7.48%

Volume (24h)
$393.09M

57.72%

FDV
$20.72B
Vol/Mkt Cap (24h)
3.34%
Total supply
446.60M AVAX
Max. supply
715.75M AVAX
Circulating supply
406.59M AVAX
56.80687829496151%
AVAX to USD converter
AVAX
USD
Price performance
24h 
Low
$26.99
High
$29.34
All-time high
Nov 21, 2021 (3 years ago)
$146.22
-80.2%
All-time low
Dec 31, 2020 (4 years ago)
$2.79
+938.24%
See historical data
CoinBites: Avalanche - The Gaming-Friendly Blockchain


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About Avalanche

What Is Avalanche (AVAX)?

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.

After its mainnet launch in 2020, Avalanche has worked on developing its own ecosystem of DApps and DeFi. Different Ethereum-based projects such as SushiSwap and TrueUSD have integrated with Avalanche. Furthermore, the platform is constantly working on improving interoperability between its own ecosystem and Ethereum, like through the development of bridges.

Who Are the Founders of Avalanche?

What Makes Avalanche Unique?

How Many Avalanche (AVAX) Coins Are There in Circulation?

How Is the Avalanche Network Secured?

Where Can You Avalanche (AVAX)?

Avalanche Built-in Blockchains and Subnets

Exchange Chain (X-Chain)

Platform Chain (P-Chain)

Contract Chain (C-Chain)

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