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$516.31M
52 Week low$5.70
Market cap$4.26B
Circulating supply442,869,610 AVAX
Disclaimer: Prices displayed are for informational purposes only. Actual price quotes may differ.

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Avalanche News

The Block 1d
Ava Labs president says NYSE spent a year testing Avalanche technology for tokenization plans

Ava Labs President Charley Cooper said the New York Stock Exchange has spent the past year testing Avalanche (AVAX) technology and working with the blockchain c...

The Block 2d
As RWA trading surges on Hyperliquid, Dragonfly’s Qureshi makes the case for a multichain future

Real-world assets now account for a substantial share of trading activity on Hyperliquid, reflecting a sharp shift from the platform's earlier dominance by bitc...

The Block 2d
‘There’s not enough blockspace’: Avalanche Treasury CEO says AI agents could crunch L1 blockchain capacity

Avalanche Treasury Company CEO Bart Smith expects the rise of AI agents in financial markets to put the idea that blockspace is effectively unlimited to the tes...

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