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Avalanche

#27
AVAX
$8.8838
24h-0.31%
7d+1.50%
30d-5.31%

Avalanche Price Performance

Low
High
$8.8606
$8.9174

Avalanche Key Metrics

Market cap
$3.84B
FDV
$4.12B
Volume (24h)
$6.43M
Vol/Mkt Cap (24h)
0.00%
Total supply
463.44M AVAX
Max. supply
720M AVAX
Circulating supply
431.77M AVAX
Profile score
94%
Updated Apr 02, 2026Rank #17

AVAX to USD Converter

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Avalanche Overview

24h High
$8.92
24h Low
$8.86
24h Change
-0.31%
7d Change
+1.50%
30d Change
-5.31%
Volume 24h
$6.43M
Market Cap
$3.84B
Circulating Supply
431.77M AVAX

Avalanche News

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About Avalanche

Avalanche (AVAX) is an open-source smart contracts platform launched in September 2020, known for its high scalability and rapid transaction finalization (sub-one second). Developed under the leadership of Dr. Emin Gün Sirer, it's a robust platform for decentralized finance (DeFi) and enterprise blockchain solutions. The network can handle over 4,500 transactions per second and offers enhanced security against 51% attacks. Compatible with Ethereum's development toolkit, Avalanche allows for easy interoperability and supports millions of independent validators as full block producers. It is also eco-friendly, catering to Web3 developers. The AVAX token serves multiple roles within the network, including transaction fees and network security. With the ability to host decentralized applications (dApps) and custom blockchains, Avalanche offers a versatile, high-performance ecosystem for developers, investors, and enterprises alike.

Contract Chain (C-Chain): The C-Chain, where 'C' stands for contract, is utilized for smart contracts and DeFi apps. It uses Ethereum-style addresses starting with 0x, compatible with wallets like MetaMask. Most Avalanche DeFi platforms, including AAVE, Trader Joe, and Benqi, operate on the C-Chain.

Exchange Chain (X-Chain): The X-Chain is primarily used for transferring funds and features unique "X-avax" addresses. It's not utilized for DeFi platforms and doesn't support MetaMask or similar wallets. The X-Chain is a Directed Acyclic Graph (DAG) and is essential for transferring AVAX with ultra-high transaction per second (TPS) rates and low fees.

Platform Chain (P-Chain): The P-Chain, or platform chain, is pivotal for staking AVAX and participating as a validator. Rewards from validation or delegation are received on this chain, and it features "P-avax" addresses distinct from Ethereum-style addresses.

The Avalanche mainnet was officially launched in September 2020, marking a pivotal moment in the blockchain ecosystem and offering new opportunities for a wide array of participants, including developers, investors, and enterprises.
Avalanche is primarily used for launching DeFi applications and enterprise blockchain deployments. It boasts an impressive throughput, handling over 4,500 transactions per second. The platform exceeds the typical 51% attack vulnerability threshold, providing enhanced security. Moreover, the AVAX token serves multiple functions: it's used to pay transaction fees, secure the network, and act as a basic unit of account among various blockchains within the Avalanche ecosystem. The platform supports both decentralized applications (dApps) and autonomous, custom blockchains, thus offering extensive utility and versatility.
Emin Gün Sirer spearheaded the development of the Avalanche Consensus protocol and its native token, AVAX. This project was developed at Cornell University with the collaboration of PhD candidates Maofan Yin and Kevin Sekniqi, under Sirer's guidance.

Avalanche Markets

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Avalanche Platforms

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Learn About Avalanche

Avalanche Just Processed 2M Daily Transactions and Nobody Talked About It

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Avalanche Market Data

The live Avalanche price today is $8.88 USD with a 24-hour trading volume of $6,425,266.69 USD. We update our AVAX to USD price in real-time. Avalanche is down 0.31% in the last 24 hours.

The current market cap is $3,836,336,096.31 USD, ranking #27 by market capitalization. The circulating supply is 431,771,961 AVAX out of a max supply of 720,000,000 AVAX.