Avalanche current price is $15.970 with a marketcap of $2.74 B. Its price is 7.85% up in last 24 hours.
- Live Price
- Market Cap
- Available Supply
173.50 M AVAX
More Info About Coin
What is Avalanche?
Avalanche is an open-source platform for launching decentralized finance applications and
enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Developers
who build on Avalanche can easily create powerful, reliable, and secure applications and
custom blockchain networks with complex rulesets or build on existing private or public subnets.
Avalanche is the first smart contracts platform that can confirm transactions in under one
second, supports the entirety of the Ethereum development toolkit, and enables millions of
independent validators to participate as full block producers (Avalanche had over 1,000 full,
block-producing nodes on its Denali testnet).
In addition to supporting transaction finality under one second, Avalanche is capable of
throughput orders of magnitude greater than existing decentralized blockchain networks (4,500+
transactions/second) and security thresholds well-above the 51% standards of other networks.
What is the Avalanche (AVAX) Token?
AVAX is the native token of Avalanche. It is a hard-capped, scarce asset that is used to pay for
fees, secure the platform through staking, and provide