Avalanche

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What is Avalanche?

Avalanche (AVAX) is a crypto asset and open-source blockchain network launched in 2020 by Ava Labs. As a platform it supports decentralized apps (dApps) and enables the creation of custom blockchains, inter-operable blockchains and financial services. AVAX is Avalanche’s native asset and functions as a standard unit of value between Avalanche and its sub-platforms. Its supply is capped at 720 million coins, and is used both to pay network transaction fees and to allow users to participate in Avalanche’s Proof-of-Stake (PoS) consensus algorithm.

Key Statistics

52 Week high$36.03
24h volume$87.53M
52 Week low$5.70
Market cap$2.87B
Circulating supply431,771,961 AVAX
Disclaimer: Prices displayed are for informational purposes only. Actual price quotes may differ.

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Avalanche News

The Block 6d
Stani Kulechov on Aave V4, Avalanche, and why RWAs will hit $100 billion this year

Episode 17 of Layer One, hosted by The Block's Kelvin Sparks and Ava Labs President John Wu, was recorded with Aave Labs Founder Stani Kulechov. Listen below,...

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