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Avalanche
Avalanche
AVAX
$27.891
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AVAX
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0.35854415
AVAX
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All Coins
Avalanche
Avalanche
AVAX
$27.891
Buy
Sell
One time
USD
AVAX
≈
0.35854415
AVAX
$50
$150
$500
Pay with
Google Pay
Apple Pay
USD Account
1-2 business days • No fees
Credit/debit card
Instant •
2.99%
0% fee first 30 days
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Market data
Market cap
$11.78B
Rank
#15
24H volume
$1.11B
Circulating supply
422.28M AVAX
92% of total
All-time high
$146.22
-424.25%
All-time low
$2.79
90.00%
Total supply
457.28M AVAX
Max supply
715.75M AVAX
About Avalanche
Avalanche Price Summaries
Avalanche's price today is $27.89, with a 24-hour trading volume of $1.11B. AVAX is -9.10% in the last 24 hours. It is currently -11.56% from its 7-day all-time high of $31.54, and 0.08% from its 7-day all-time low of $27.87.AVAX has a circulating supply of 422.28M AVAX and a max supply of 715.75M AVAX.Avalanche is an open, programmable smart contracts platform that launched its mainnet in September 2020. Its native token is AVAX, a hard-capped digital asset used for the platform’s payments, security, and connection functions. It gained recognition as a popular platform for DeFi (decentralised finance) applications such as Pangolin and TraderJoe.
Launched in September 2020 by Ava Labs, Avalanche aims to deliver a scalable blockchain solution that’s faster and cheaper than other layer-1 smart contract protocols. The three people behind Avalanche are Kevin Sekniqi, Maofan ‘Ted’ Yin, and Emin Gün Sirer.
At launch, 360 million AVAX were minted and sold through private and public sales, and the tokens hit the market with the initial price set at about US$5. During the first public sale of its digital currency token, Avalanche raised $42 million in less than 5 hours. In 2021, Avalanche grew close to 3,000%, breaking into the crypto top 10 and emerging as a credible opponent to Ethereum.
Avalanche’s fast blockchain platform boasts top speed ranks in terms of time-to-finality, with speeds of over 4,500 transactions per second, as well as low costs and environmental friendliness. It is compatible with the Solidity programming language used by Ethereum and is also capable of supporting the creation of custom private or public blockchains called subnets. It uses three blockchains, one for coordinating validators and making subnets, one for creating smart contracts, and one for exchanging assets.
As the native token of Avalanche, AVAX provides a basic unit of account between multiple subnets. It is also used for paying network fees and securing the blockchain through staking.
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