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Avalanche

Avalanche AVAX

Coin
Avalanche Price (AVAX)
$16.84
2.20% Buy AVAX

0.0127 ETH

0.00087 BTC

Low: $16.79
High: $17.21
24h
Market Cap
$4,985,411,282
2.20%
Fully Diluted Market Cap
$12,100,934,099
2.20%
Volume
24h
$157,834,292
9.77%
Volume / Market Cap
0.0317
Circulating Supply
296,125,514 AVAX
56.14%
Max Supply
720,000,000
Total Supply
404,229,626
Avalanche AVAX
Price: $16.84
2.20% Buy AVAX
Avalanche (AVAX) Social Signals & Traffic Tracker
Avalanche twitter
Twitter Stats
@AvalancheAVAX

Followers

764,163

0.38%

Following

432

0.00%

Tweet count

7,632

0.91%

Joined at Oct 26, 2018
Avalanche reddit
Reddit Stats
r/Avax

Subscribers

41,008

0.06%

Subreddit type

public

Moderators

19

0.00%

Joined at Jan 28, 2017
Avalanche telegram
Telegram Stats
@avalancheavax

Title

Avalanche (AVAX) - Official

Members

43,686

1.10%

Avalanche traffic
Website Traffic
avax.network

Website Rating (DR)

78 / 100

0.00%

Ahrefs Rank

19,708

0.16%

Organic Traffic (mo.)

0

0.00%

Avalanche github
GitHub Organization
ava-labs

Public repos

66

Type

Organization

Created at Oct 18, 2018
Avalanche github
GitHub Repository
ava-labs/avalanchego

Stars

1,693

0.30%

Watchers

119

0.00%

Forks

408

0.24%

Language

Go

Created at Oct 18, 2018

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly. Don’t believe it? Try an app on Avalanche today.

Avalanche Price statistics

Avalanche Price
$16.84
Price change 24h
-$0.3704
2.20%
24h Low / 24h High
$16.79 /
$17.21
All Time High
Nov 21, 2021 (10 months 2 weeks ago)
$146.22
88.49%
All Time Low
Dec 31, 2020 (1 year 9 months ago)
$2.79
503.68%
Trading Volume 24h
$157,834,292
9.77%
Volume / Market Cap
0.0317
Market Dominance
0.51%
Market Rank
#18
Market Cap
$4,985,411,282
2.20%
Fully Diluted Market Cap
$12,100,934,099
2.20%

Live AVAX Price Analysis

The current real time Avalanche price is $16.84, and its trading volume is $157,834,292.10 in the last 24 hours. AVAX price has plummeted by 2.20% in the last day, and decreased by 3.24% in the last 7 days. It’s important to note that current Avalanche market capitalization is $4,985,411,281.70, and the maximum supply is 720,000,000 AVAX coins. Talking about circulating supply, AVAX has 296,125,514 coins. Currently, Avalanche rank on the market is #18.

Avalanche price today is 88.49% below all time high, and it is 503.68% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling AVAX are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Avalanche (AVAX)?

Avalanche (AVAX) is the native cryptocurrency for the Avalanche ecosystem. It serves as the utility token that has a number of uses on the platform, including transactions, staking, network security, and governance. Avalanche is known for its unique triple-blockchain structure that supports decentralization, scalability, and network security.

The Avalanche crypto platform was designed to offer smart contracts as scalable blockchain solutions. Users are able to deploy projects, build their own blockchains, and manage their assets. Avalanche-based projects include DeFi and GameFi applications. According to Avalanche, the platform can handle up to 4,500 transactions per second.

Who Developed Avalanche?

Emin Gün Sirer is the founder and CEO of Avalanche. He’s an academic and a computer scientist who has worked with computer networks, P2P systems, and blockchain security. Sirer has conducted research on potential Bitcoin attacks and developed security solutions.

Avalanche was developed to counter some of the key issues that many large-scale blockchains face, namely, decentralization, scalability, and security. It’s focused on competing against Ethereum in particular by presenting smart contract technology that is scalable, faster, and can handle a higher transaction load.

The platform officially launched in September 2020. At the time, the Avalanche price was around $4 and remained relatively stable until early 2021. Around this time, it started experiencing more market volatility, with frequent fluctuations. By the end of its first year in the market, Avalanche had reached the $50 threshold.

Throughout the years, Avalanche has followed the overall crypto trends with regard to market fluctuations. In November 2021, around the time when Bitcoin (BTC) nearly reached $70,000, the AVAX price broke the $100 barrier and peaked at $146.22.

What Are the Main Features of Avalanche?

The maximum supply of Avalanche is hard-capped at ​​720 million. It’s a deflationary token, designed to have an increased scarcity over time. This means that the Avalanche price will go up as more tokens are burned and the available supply decreases. 70% of all tokens are allocated to the network participants.

Avalanche offers a range of smart contract-based blockchain solutions. The platform claims to offer a higher transaction rate and better scalability than Ethereum without compromising network security. Avalanche is also more resource-efficient as it uses the Proof-of-Stake (PoS) consensus mechanism.

The efficiency of Avalanche is achieved via its innovative structure that combines three interoperable blockchains – X-Chain, C-Chain, and P-Chain. Each chain focuses on different aspects of the blockchain, such as transactions, smart contract operability, and network security, to decentralize the processes and maintain network scalability.

Similar to Ethereum, Avalanche has an Avalanche Virtual Machine. It’s used to develop decentralized applications (dApps) that use the platform’s smart contracts. Avalanche nodes can support the Ethereum Virtual Machine (EVM), as well as duplicate the cryptography constructs that the EVM uses.

  • X-Chain – also known as the Exchange chain. It’s used to create new Avalanche-based tokens that can be exchanged for a specified AVAX price. Similar to Ethereum ERC token standards, Avalanche tokens can be both fungible and non-fungible (NFTs);
  • C-Chain – also known as the Contract chain. It’s responsible for hosting Avalanche’s smart contracts. The Avalanche Virtual Machine also runs on the C-Chain, enabling the functionality of AVAX-based dApps;
  • P-Chain – also known as the Platform chain. It’s used for blockchain validation and security. The P-Chain manages sets of validators known as subnets. Each subnet can work on validating multiple blockchains. However, no blockchain can have more than one subnet to validate it.

The Avalanche coin is used to cover transaction fees for the X-Chain services. The AVAX price for the fees depends on the scale of the project and the specific services required. Unlike other networks that use a portion of the fees as incentive payment, on AVAX, the fees are burned to increase the currency’s scarcity.

Based on the platform’s governance model, the users have a say in how fast new coins are minted. They can vote using their AVAX tokens. The governance system also allows users to submit their own proposals for protocol changes and conduct transparent voting.

Avalanche uses the Proof-of-Stake (PoS) consensus algorithm for the main blockchain as well as the X Chain. Network validators must stake a minimum of 2000 AVAX to begin their contributions to the network and earn rewards. They also work together as subnets to validate separate chains that run on Avalanche.

Staking rewards are determined by the governance structure. The compensations that stakers receive are based on how long they’ve been contributing to the network. Therefore, the longer a validator contributes to the network, the higher the Avalanche price value from the rewards is.

The staking rewards system has been designed to reduce variance and ensure that the rewards are not disproportionate between stakeholders that contribute larger or smaller amounts. This discourages the formation of staking pools and increases network decentralization.

Two of the interoperable chains, Contract and Platform, used a separate consensus mechanism known as the Snowman. It’s unique to the Avalanche ecosystem. Snowman is used to establish a linear timeline that makes the smart contracts run seamlessly.

What's Avalanche trading volume in the last 24 hours?

AVAX has a trading volume of $157,834,292.10 in the last 24 hours.

What's Avalanche highest price ever?

AVAX has a highest price of $146.22, which was reached on Nov 21, 2021 (10 months 2 weeks ago).

What's Avalanche lowest price ever?

AVAX has a lowest price of $2.79, which was reached on Dec 31, 2020 (1 year 9 months ago).

What are the best exchanges for buying and selling AVAX?

Currently, the most active and dominating exchanges for buying and selling Avalanche are Binance, Kraken & Kucoin. The most popular Avalanche trading pairs are AVAX/USDT (on Binance ), AVAX/BUSD (on Binance ), AVAX/USD (on Coinbase ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping AVAX?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Avalanche. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Avalanche project's Circulating Supply has been verified and is equal to:

Circulating Supply

296,125,514 AVAX

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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