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

TipRanks 4d
Avalanche Sees Institutional DeFi Surge. Can AVAX Become Wall Street’s Go-To Chain?

Avalanche (AVAX-USD) is quickly emerging as a serious contender for institutional decentralized finance (DeFi). Wall Street moves slowly, but when it moves, it...

CoinDesk 5d
Avalanche’s business chief says crypto must grow up and solve real problems

What he’s saying: Nahas told Sam Ewen on CoinDesk’s Gen C that Avalanche is a business tool, not a crypto product. He said companies want tailored blockchain in...

Avalanche’s business chief says crypto must grow up and solve real problems

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