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

The Block 3d
The Daily: US govt posts macro data onchain, Kanye West’s token crash leaves 50K wallets in the red, JPMorgan says bitcoin price is ‘too low,’ and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. Happy Thursday! Analysts suggest bitcoin is bal...

The Block 3d
US government begins distributing key macroeconomic data on public blockchains, including Bitcoin, Ethereum, and Solana

The U.S. government has begun distributing macroeconomic data on public blockchains, following Commerce Secretary Howard Lutnick teasing the initiative's launch...

Benzinga 3d
Chainlink To Deliver US Commerce Department Economic Data On-Chain For Smart Contract Use

Chainlink LINK/USD on Friday announced a collaboration with the U.S. Department of Commerce to deliver official macroeconomic data from the Bureau of Economic A...

Chainlink To Deliver US Commerce Department Economic Data On-Chain For Smart Contract Use

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