Buy Avalanche - AVAX Price Today, Live Charts and News

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.

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Avalanche News

The Block 5h

The Daily: Dormant bitcoin whale wakes up after $5K to $50M move, Avalanche Foundation eyes $1B raise for AVAX treasury firms, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. Happy Thursday! U.S. CPI data came in as expect...

CoinDesk 13h

Avalanche Foundation Eyes $1B Raise to Fund Two Crypto Treasury Companies: FT

The Avalanche Foundation aims to raise $1 billion to create two crypto treasury companies holding millions of AVAX tokens, the Financial Times reported on Thurs...

Benzinga 14h

Anthony Scaramucci-Supported Avalanche Network Reportedly Raising $1 Billion For AVAX-Focused Crypto Treasury

The Avalanche AVAX/USD Foundation, a non-profit organization dedicated to advancing the namesake blockchain, plans to establish two cryptocurrency treasury comp...

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