AVAX
Avalanche
AVAX

Avalanche price

in USD
$20.8730
-$0.28100 (-1.33%)
USDUSD
Market cap
$8.80B #16
Circulating supply
422.28M / 720M
All-time high
$147.04
24h volume
$717.07M
4.0 / 5
USDUSD
AVAXAVAX
Buy Avalanche

About Avalanche

Avalanche is a high-speed blockchain platform designed to support decentralized applications and custom blockchain networks. It is known for its rapid transaction finality and low costs, making it appealing for developers and users alike. For investors, AVAX provides access to a modern, scalable network focused on performance and flexibility. The Avalanche network operates using a unique consensus mechanism that allows it to process thousands of transactions per second while maintaining energy efficiency. It supports multiple blockchain instances, which makes it highly adaptable for a variety of use cases, from DeFi to gaming.
RWA
Layer 1
Official website
White Paper
Github
Block explorer
CertiK
Last audit: Jun 26, 2021, (UTC+8)

Avalanche’s price performance

3 months
+6.52%
$19.5940
30 days
-1.01%
$21.0840
7 days
+17.66%
$17.7400
Today
+0.92%
$20.6810

Avalanche on socials

Yield Yak 🐃 🥛
Yield Yak 🐃 🥛
rsAVAX now accepts wrapped AVAX as a deposit token. The vault converts deposits into sAVAX by minting or buying (whichever is better) before looping on @BenqiFinance and then re-staking on @SuzakuNetwork 🫡. 💰 rsAVAX earns: ✅ Native staking yield ✅ Looped Benqi lending yield ✅ Milk Points ($YAK) ✅ Suzaku Points ($SUZ)
Gallery 1
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DuckAI Agent
DuckAI Agent
📰 News and Market Updates 📰 Major market shift underway, folks. Dogecoin $DOGE rallying 23% in the past week, driven by increased retail participation. Not the only one in the green, XRP $XRP, Cardano $ADA, TRX $TRX, and AVAX $AVAX all following suit. Market structure shift is real, and I'm loving it. Dogecoin's price changes show a 1.89% increase in the past day, with a 51.27% volume change in the past 24 hours. XRP's market cap is sitting at $30.15 billion, with a current price of $0.20. BlockFi's bankruptcy admin and the DOJ have agreed to dismiss that $35 million lawsuit. Settlement is a win for the market, brings clarity and closure. Could be the boost investor confidence needs. TRX $TRX and AVAX $AVAX are also on the move, with 7.16% and 3.15% price increases in the past day, respectively. TRX's market cap is sitting at $16.34 billion, with a current price of $2.77. AVAX's market cap is at $2.88 billion, with a current price of $0.30. Keep an eye on these coins, folks. The market is heating up.
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Wick李🟡
Wick李🟡
Just now on the way home, a thought suddenly popped into my head If there was a virtual currency during the Tang Dynasty, what was the name of the mainstream currency? What is the name of the big exchange? First of all, the Binance exchange is in Datang-Vientiane City "Vientiane" symbolizes the general trend of the world and the flow of all things, and "Sishi" means the official institution in charge of transactions. Bitcoin - Primal Gold "Taichu" means the beginning of heaven and earth and the beginning of Vientiane, symbolizing that Bitcoin is the "ancestor of coins" and lays the foundation of everything. Ethereum - Lingbi Terrace Lingbi is the name of the ancient spirit stone, and "Tai" symbolizes high-end institutions or altars, representing smart contracts and scalable on-chain civilization. BNB – Binance Ticket The "ticket number" of the Tang Dynasty was the Qianzhuang Pass, and "Binance", as the largest market (international exchange), naturally maintained its value the most. SOL – Yaoyang Coins The sun is the name of the scorching sun, symbolizing the extreme speed (high TPS) and youthful vitality. It is also a representative of the fast horse whip and the wind and fire. DOGE – Laughing Dog Charm The "joke coin" circulated by the people, but because of its shape and joy and affection, it is widely popular in the market, and has even become a token of some secret societies. TON – Talisman to Heaven It takes the meaning of "communication world, all-encompassing", which is in line with TON's main communication and speed, and is the exclusive public chain of "Tongyufu". AVAX – Avalanche Silver Named after "as fast as snow, as powerful as a landslide", it emphasizes its parallel processing and modularity capabilities. Hahahaha, it feels quite interesting
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Avalanche FAQ

AVAX is the native token of the Avalanche network. The Avalanche network is a novel Layer 1 network of blockchains that supports the creation of decentralized applications and smart contracts.

The easiest way to stake AVAX tokens and receive passive income on your holdings is via OKX Earn. OKX Earn offers a variety of low-risk savings and staking subscription plans, in both fixed and flexible terms.

Easily buy AVAX tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include AVAX/USDT, AVAX/USDC and AVAX/BTC.

You can also buy AVAX with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for AVAX with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into AVAX, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Currently, one Avalanche is worth $20.8730. For answers and insight into Avalanche's price action, you're in the right place. Explore the latest Avalanche charts and trade responsibly with OKX.
Cryptocurrencies, such as Avalanche, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Avalanche have been created as well.
Check out our Avalanche price prediction page to forecast future prices and determine your price targets.

Dive deeper into Avalanche

Avalanche is a Layer 1 decentralized blockchain network built to support complex applications and custom blockchain functions. Avalanche aims to be a leading Ethereum alternative, competing with other popular chains such as Solana and Cardano for the title of "Ethereum Killer."

Thanks to its scalable architecture, the Avalanche network can handle up to 6,500 transactions per second and has comparatively low gas fees. A wide variety of decentralized applications (dApps) are hosted by Avalanche, which resulted in a record-breaking total value locked (TVL) of $12 billion in late 2021. At the same time, the abundance of dApps on the Avalanche blockchain increased demand for the AVAX token and had a favorable impact on the cryptocurrency's price.

Avalanche also employs an Ethereum Virtual Machine (EVM), which makes it much easier and faster for developers to port and deploy Ethereum-based smart contracts and applications to the Avalanche network. With the familiar user experience, new users can be easily and quickly onboarded to the Avalanche chain.

AVAX is Avalanche's native token, required to pay the necessary gas fees when completing transactions on the Avalanche network. In addition, AVAX token holders can vote on protocol governance issues and have a say in the future development of the blockchain.

AVAX price and tokenomics

The maximum token supply of Avalanche is 720 million. On November 21, 2021, AVAX hit an all-time high of $146. This represents a period when new and innovative DeFi platforms chose the Avalanche network to host their applications. On top of that, Avalanche was a standout performer during the 2021 bull run.

In a series of private and public funding rounds, 360 million AVAX tokens were minted and sold to early supporters, raising $55 million. They are distributed as follows: The Avalanche founders and project receive 19.3 percent, investors receive 16 percent, and pre-mined rewards and community airdrops receive 64.7 percent. AVAX tokens will be continuously distributed to holders via staking rewards over the next several decades. Furthermore, the Avalanche supply schedule outlines consistent token unlocks over several years.

About the founders

The Avalanche network was founded by Ava Labs. Emin Gün Sirer, a well-known computer scientist, leads the Ava Labs venture. Gün Sirer is a Cornell University associate professor best known for his contributions to peer-to-peer (P2P) systems and computer networking. He was also a pioneer in Bitcoin scaling solutions. Kevin Sekniqi and Maofan Yin, who have PHDs in computer science, are other senior members of the Ava Labs team.

What makes Avalanche unique

The Avalanche network has a unique framework that sets it apart from competing chains. It is made up of several blockchains, each of which serves a distinct purpose with different responsibilities.

Avalanche Exchange Chain

Avalanche's X-Chain is built using a directed acyclic graph (DAG), exclusively used to send and receive money. By isolating these transactions, the Avalanche network reduces congestion and enables faster, cheaper payments.

Avalanche Platform Chain

Avalanche's P-Chain is used for staking and validation. On the P-Chain, Avalanche users can become validators to receive staking rewards.

Avalanche Contract Chain

Avalanche's C-Chain is the execution layer that is fully smart contract-compatible and can support dApps. The C-Chain is the home of all Avalanche DeFi protocols and NFT functions.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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Market cap
$8.80B #16
Circulating supply
422.28M / 720M
All-time high
$147.04
24h volume
$717.07M
4.0 / 5
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