|Avalanche (AVAX)||Buy Avalanche Now|
|Avalanche is an umbrella platform for launching decentralized finance (DeFi) applications, financial assets, trading and other services. It aims to be something of a global assets exchange...|
|Change 7d||-18.78%||Market Cap||$7 390 659 271|
|Available supply||269 342 728 AVAX|
|Volume 24h||$794 572 155|
|Updated||Tuesday, May 24, 2022 3:00:06PM UTC|
General AVAX facts, technical details and Avalanche Cryptocurrency information
Avalanche is an umbrella platform for launching decentralized finance (DeFi) applications, financial assets, trading and other services. It aims to be something of a global assets exchange, allowing anyone to launch or trade any form of asset and control it in a decentralized manner using smart contracts and other cutting-edge technologies.
Developers at Ava Labs claim that Avalanche is the first smart contracts network to offer transaction finalization in under one second as standard.
Avalanche launched its mainnet in September 2020. The platform’s native token, AVAX, performs various tasks within Avalanche and also functions as a rewards and payment system for users.
Ava Labs has three co-founders, among whom is Emin Gün Sirer, the veteran computer scientist long associated with Bitcoin (BTC) and decentralized networks. Sirer has long been concerned with Bitcoin scaling, and the Avalanche Consensus is a direct follow-on from this research, allowing transaction volumes significantly higher than Bitcoin and competing with the likes of Visa.
Like Sirer, fellow co-founders Kevin Sekniqi and Maofan “Ted” Yin are also associated with Cornell University. Sirer is an advisor to Yin, who is undertaking a PhD in computer science.
The remainder of the team is made up of computer science, economics, finance and law experts.
Avalanche provides decentralized asset trading which anyone can launch and use, and does so with a network which is unique in the digital realm in providing subsecond transaction confirmations.
Developers aim to bring together the huge, fragmented and often opaque world of asset trading under one roof, allowing barrier-free access. Developers can create and release all manner of entities from blockchains to digital representations of any asset, and allow them to trade according to any given parameters. These include, for example, mimicking compliance regulations in various jurisdictions.
The AVAX token forms the in-house payment method for Avalanche, and is used for fee collection during transactions, as well as for incentives and related purposes. Users can also earn passive income by staking their coins on the network.
|Date||Open, $||Min, $||Max, $||Market cap, $|
|May 15||34.13||32.34||36.42||9 801 912 235|
|May 16||36.55||32.14||36.55||8 965 526 073|
|May 17||32.61||32.61||35.30||9 183 931 187|
|May 18||34.41||30.36||34.86||8 202 253 398|
|May 19||29.63||28.09||31.05||7 897 933 587|
|May 20||30.36||28.20||31.46||7 819 474 562|
|May 21||28.98||28.82||30.02||7 943 424 906|
|May 22||29.87||29.48||32.26||8 608 634 114|
|May 23||31.84||29.12||32.17||7 842 483 498|
|May 24||29.29||27.32||29.50||7 390 659 271|
* Crypto Rating accepts no liability for any errors in the Avalanche information, AVAX Prices and AVAX's Market Cap. For the most up-to-date prices please visit the Avalanche's official website.
|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||60%||87||$28 953.50||-4.17%||-3.67%||$551 514 958 969|
|2||ETH||Ethereum predictions||61.6%||88||$1 929.37||-6.11%||-6.26%||$233 271 604 070|
|3||USDT||Tether predictions||95.6%||1||$0.999062||0%||0.01%||$73 206 337 226|
|4||USDC||USD Coin predictions||96%||1||$1.000165||0.02%||0.01%||$53 264 489 963|
|5||BNB||Binance Coin predictions||58%||88||$316.54||-3.99%||4.58%||$51 683 254 368|
|6||XRP||XRP predictions||58.4%||91||$0.397236||-6.29%||-7.17%||$19 203 606 558|
|7||BUSD||Binance USD predictions||91.6%||1||$1.000278||0.11%||0.03%||$18 328 809 687|
|8||ADA||Cardano predictions||56.4%||93||$0.502003||-7.81%||-12.64%||$16 943 898 369|
|9||SOL||Solana predictions||58.4%||91||$48.07||-9.25%||-12.69%||$16 307 952 335|
|10||DOGE||Dogecoin predictions||60.8%||90||$0.081327||-5.98%||-8.79%||$10 789 659 758|
|11||DOT||Polkadot predictions||55.2%||90||$9.73||-6.72%||-10.15%||$9 613 488 110|
|12||WBTC||Wrapped Bitcoin predictions||56.8%||87||$28 897.59||-4.37%||-3.70%||$7 993 157 722|
|13||TRX||TRON predictions||73.2%||56||$0.079994||5.25%||13.91%||$7 570 190 446|
|14||AVAX||Avalanche predictions||55.6%||93||$27.44||-12.43%||-18.78%||$7 390 659 271|
|15||DAI||Dai predictions||93.2%||1||$0.999659||-0.06%||-0.01%||$6 569 292 513|
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