1H
0.20%$0.0389
24H
5.04%$0.9352
7D
4.19%$0.7838
30D
-10.6%$2.31
Avalanche (AVAX) shows early signs of a potential trend reversal as it eyes a breakout above its 18-month descending channel.
FIFA teams up with Avalanche to launch a new EVM blockchain, boosting speed and scalability for its digital collectibles platform.
With the latest flood of sales, Avalanche overtook 15 leading NFT chains, including Bitcoin, Ethereum and Polygon.
The involvement of an $11.5 trillion asset manager in the Avalanche ecosystem brings huge attention to the network.
After rebounding nearly 9% over the past month, Avalanche (AVAX) is showing signs of bullish momentum.
Avalanche is a decentralized blockchain network that offers high scalability and low transaction fees. The Avalanche blockchain aims to improve scalability through multiple subnets and modular structures. It employs a unique consensus mechanism, allowing for fast and secure transactions. The Avalanche network supports decentralized applications (dApps) and smart contracts, which makes it a powerful blockchain ecosystem. Its native token AVAX token is used for transactions, staking, and governance within the network.
AVAX is the native token of the Avalanche blockchain. It plays a crucial role in the ecosystem by securing the network through staking and enabling governance participation. As a programmable smart contracts platform, Avalanche facilitates the creation of decentralized applications and custom blockchain networks. The Avalanche Virtual Machine (AVM) allows developers to deploy and interact with Ethereum-compatible smart contracts, enhancing interoperability with other blockchains.
Avalanche was founded by Ava Labs, a blockchain technology company led by Cornell University professor Emin Gün Sirer. The development of Avalanche was guided by research-driven principles aimed at solving blockchain scalability issues and decentralization challenges. The Avalanche project has gained widespread adoption due to its innovative approach and high transaction throughput. Professor Emin Gün Sirer, along with Maofan Ted Yin, contributed significantly to the design of Avalanche’s consensus mechanisms.
Currently, Avalanche (AVAX) is trading at AVAX $19.49 24h volatility: 5.0% Market cap: $8.23 B Vol. 24h: $540.85 M , with a 24-hour trading volume of around $340.50 million. The current price of Avalanche (AVAX) changes frequently based on market trends. AVAX’s live price is influenced by market cap, circulating supply, and investor demand. Comparing its value to other top cryptocurrencies provides insights into its relative market cap and overall market position. The AVAX price today is tracked alongside its highest price, lowest price, and last-hour price movements.
Avalanche operates on a three-chain architecture consisting of the Exchange Chain (X-Chain), Platform Chain (P-Chain), and Contract Chain (C-Chain). X-Chain creates and trades digital assets and AVAX. P-Chain oversees the Avalanche network itself, including its validators, as well as arranges for the formation of new subnets. Meanwhile, C-Chain supports dApps and smart contracts due to its compatibility with Ethereum.
The Avalanche Virtual Machine (AVM) enables the creation of custom blockchain networks and smart contracts. The Avalanche consensus mechanism allows for fast transaction finality, making Avalanche a competitive programmable smart contracts platform. The blockchain’s modular structure allows different consensus mechanisms to work efficiently across subnets.
Avalanche cannot be mined like Bitcoin. Since Avalanche uses a proof-of-stake (PoS) consensus mechanism, users can stake AVAX tokens to validate transactions and earn staking rewards. Staking AVAX enhances network security and provides incentives for active participation in the ecosystem. Validators on Avalanche must stake a minimum number of AVAX tokens to help validate transactions across multiple subnets.
Avalanche supports various blockchain-based activities, including building decentralized applications (dApps), executing smart contract, and creating custom blockchain networks. Developers utilize Avalanche to deploy secure and scalable decentralized applications. The platform is also widely used for DeFi applications, NFT marketplaces, and interoperability with Ethereum virtual machine-compatible applications. Avalanche claims to offer higher transaction output compared to other blockchains.
AVAX tokens are essential within the Avalanche ecosystem. Users pay transaction fees with AVAX and stake AVAX to validate transactions and participate in governance decisions. AVAX tokens also serve as collateral for various DeFi applications and cross-chain transactions. Thus, AVAX tokens play a crucial role in the Avalanche consensus mechanism, ensuring network security and efficiency.
AVAX tokens can be stored in self-custody wallets, hardware wallets, and exchange wallets. Secure transactions require proper storage solutions. Managing private keys and wallet security ensures asset protection. Storing Avalanche in a secure wallet protects against unauthorized access and network fees associated with transfers.
The best decision is a self-custody wallet that gives you full control over your AVAX tokens, as you hold the private keys. Some popular self-custody wallets that support AVAX are:
Avalanche can be purchased on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. To buy Avalanche, users need to create an account, deposit funds, and select AVAX as their desired asset. Exchanges provide real-time price updates and trading volume insights. The platforms also track active subnets to ensure optimal network functionality. Some decentralized exchanges (DEXs) also support AVAX trading for those looking to transact on-chain.
As of February 21, 2025, Avalanche (AVAX) has a 24-hour trading volume of around $351.85 million.
Avalanche’s 24-hour trading volume indicates market activity and liquidity. High trading volume reflects strong investor interest, while lower volume suggests reduced market participation. Monitoring Avalanche trading volume provides insights into price trends and overall market sentiment. AVAX trading volume is a key metric in analyzing the price of Avalanche and its relative popularity in the crypto markets. Investors often look at trading volume alongside AVAX price history to assess future market direction.
Avalanche (AVAX) reached its all-time high of $147.50 on November 21, 2021.
The all-time high price of Avalanche (AVAX) was reached during significant market uptrends and adoption phases. The highest price paid for AVAX reflects demand surges, technological upgrades, and broader crypto market trends. Historical price data helps investors analyze Avalanche’s market cycles. The highest-ever price of AVAX is a crucial indicator of potential future performance. Market rallies, increased adoption, and network expansion often contribute to higher AVAX valuations.
Avalanche’s all-time low price occurred during early adoption phases and market downturns, highlighting past market corrections and fluctuations. AVAX hit an all-time low of $2.79 on December 31, 2020.
Understanding these price movements helps assess long-term investment potential. The lowest price of Avalanche may be relevant in evaluating market risks and long-term return on investment. Traders often analyze both the lowest and highest price points to gauge potential support and resistance levels.
As of February 21, 2025, the market capitalization of Avalanche is approximately $10.68 billion, with a circulating supply of about 413.95 million AVAX tokens.
Avalanche’s market capitalization is calculated by multiplying the current AVAX price by its circulating supply. The market cap of Avalanche reflects its overall size and influence in the cryptocurrency market. Monitoring market capitalization helps evaluate Avalanche’s standing relative to other blockchain projects. Live market cap tracking provides a clear picture of Avalanche’s market strength. The current market cap and relative market cap compared to other assets provide insights into AVAX’s adoption rate.
The circulating supply of Avalanche (AVAX) is about 411.95 million AVAX tokens, it represents the number of tokens currently in circulation.
AVAX’s circulating supply impacts market valuation and liquidity. Tracking changes in supply dynamics provides insights into long-term price trends. The maximum supply of AVAX is another key metric to watch concerning market cap and demand. Investors often analyze the relationship between circulating supply, AVAX staking activity, and market cap to assess potential future price movement.
As of February 21, 2025, AVAX is trading at $25.73.
Some experts believe that AVAX has all the chances to shortly reach $100. If AVAX tokens get more adoption in DeFi, more staking incentives, and better core network functionality, its price could go to $100 and beyond.
As of February 21, 2025, Avalanche's market cap totals $10.61 billion.
You can buy Avalanche (AVAX) through an Avalanche-supported crypto wallet, or through a centralized or DeFi (decentralized) exchange that offers AVAX. All of them offer real-time AVAX price, market cap, and 24-hour trading volume data.
The highest price of AVAX totaled $146.22 and was reached on November 21, 2021.
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