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Avalanche (AVAX)
Avalanche (AVAX)
58.24 -6.02 %
Rank # 9 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 377,311,659.00
Total Supply 436,001,299.23
Max Supply 720,000,000.00
  Week Month Year All Time
High

16-Mar-2024

58.2400676749
0.00%

16-Mar-2024

58.2400676749
0.00%

16-Mar-2024

58.2400676749
0.00%

21-Nov-2021

₹5,730,800.59
-59.64%
Low

18-Mar-2024

56.598478563832
2.90%

06-Mar-2024

39.719598048056
46.63%

25-Sep-2023

8.779631401561
563.35%

31-Dec-2020

₹5,628.29
1,988.68%

Avalanche News (Avax News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Avalanche Chart (Avax Chart)

Avalanche Price USD (Avax Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
Avalanche Price History (Avax Price History)
Price Market Cap Volume Date
Coin Avalanche
Comments
Avalanche Price Today (Avax Price Today)

Avalanche is a layer one blockchain that acts as the basis for distributed apps and private blockchain networks. It is one of Ethereum's competitors, attempting to dethrone Ethereum as the most popular blockchain for smart contracts. It intends to accomplish this by providing a larger transaction output of up to 6,500 transactions per second while maintaining scalability.

This is made feasible by the distinctive architecture of Avalanche. The Avalanche network is made up of three separate blockchains: the X-Chain, the C-Chain, and the P-Chain. Each chain serves a specific purpose, which differs significantly from the approach taken by Bitcoin and Ethereum, which requires all nodes to validate all transactions. Avalanche blockchains utilise various consensus techniques depending on their use cases.

Avalanche was created by Ava Labs, which was formed by Cornell University professor Emin Gün Sirer and Cornell University computer science PhDs Kevin Sekniqi and Maofan "Ted" Yin. Gün Sirer is a cryptography research veteran, having created a hypothetical peer-to-peer virtual money six years before the Bitcoin whitepaper was released. He was also engaged in work on Bitcoin scaling solutions and Ethereum research prior to the infamous The DAO incident in 2016.

The whitepaper that resulted from that study led to the formation of Ava Labs in 2018. In February 2019, the startup closed a seed round with Polychain, Andreessen Horowitz, and Balaji Srinivasan as investors. Avalanche raised $42 million in less than 24 hours during their initial coin offering (ICO) in 2020.

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Frequently Asked Questions (Crypto FAQs)
The current price of Avalanche (AVAX) is USD 58.24
24 Hours, High Price of Avalanche (AVAX) is USD 64.9 and Low price of Avalanche (AVAX) is USD 57.19
The total supply of Avalanche (AVAX) is 436001299.22519 and Circulating supply of Avalanche (AVAX) is 377,311,659.00
The trading volume of Avalanche (AVAX) is 636289376 In the last 24 hours
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