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.
Disclaimer: Prices displayed are for informational purposes only. Actual price quotes may differ.

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Avalanche News

The Block 3d
Franklin Templeton expands tokenized money market fund to Ethereum

Franklin Templeton has expanded the trading of its FOBXX tokenized government securities money market fund to the Ethereum blockchain. The Franklin OnChain U.S....

The Block 3d
DeFi platform Folks Finance raises $3.2 million Series A at $75 million valuation

Folks Finance, a cross-chain decentralized finance (DeFi) platform, has raised $3.2 million in a Series A round, bringing its valuation to $75 million. Borderl...

The Block 4d
The Daily: Trump says ‘DOGE’ to be led by Musk and Ramaswamy as Dogecoin soars, Bitwise CIO makes the case for $500K bitcoin and more

Happy Wednesday! In today's Daily, President-elect Donald Trump confirms his "DOGE" efficiency department will be led by Elon Musk and Vivek Ramaswamy as Dogeco...

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