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 Defies Bear Market With Explosive On‑Chain Growth, MessariA newly released report from crypto market intelligence firm Messari offers a detailed look at Avalanche’s (AVAX) performance during the fourth quarter (Q4) of...
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