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$96.02M
52 Week low$5.70
Market cap$2.77B
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 3d
Hyundai Card completes its first real-world stablecoin pilot with Avalanche, Tether

Hyundai Card announced Thursday that it has completed its first proof-of-concept (PoC) testing of stablecoin-based cross-border remittance with Tether and Avala...

The Block 6d
AVAX One launches CEO search after leader of its Avalanche treasury pivot steps down

The Nasdaq-listed AVAX One Technology (AVX) is now searching for a new chief executive after Jolie Kahn, who oversaw the company's transformation into an Avalan...

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