Avalanche (AVAX) | Buy Avalanche Now |
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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... |
CVIX | 66 |
Current price | $14.69 |
Change 24h | 1.97% |
Change 7d | 0.48% | Market Cap | $4 916 912 346 |
Available supply | 334 611 525 AVAX |
Volume 24h | $104 830 685 |
Updated | Sunday, May 28, 2023 3:00:12AM UTC |
Nature | Token |
Mineable | No |
Discussion | |
WWW | Website |
After | Price | Change |
1 day | $14.75 | 0.40% |
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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, $ |
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May 19 | 14.71 | 14.61 | 14.77 | 4 907 159 084 |
May 20 | 14.68 | 14.57 | 14.68 | 4 885 947 485 |
May 21 | 14.64 | 14.32 | 14.67 | 4 795 311 752 |
May 22 | 14.32 | 14.21 | 14.75 | 4 917 582 676 |
May 23 | 14.68 | 14.65 | 14.94 | 4 922 526 745 |
May 24 | 14.71 | 14.05 | 14.71 | 4 725 263 991 |
May 25 | 14.15 | 13.94 | 14.20 | 4 715 483 833 |
May 26 | 14.10 | 13.99 | 14.37 | 4 807 107 726 |
May 27 | 14.37 | 14.29 | 14.55 | 4 869 224 037 |
May 28 | 14.54 | 14.54 | 14.77 | 4 916 912 346 |
* 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 | ![]() |
Bitcoin predictions | 87.6% | 19 | $27 103.13 | 1.33% | -0.28% | $525 413 545 011 | ||
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2 | ![]() |
Ethereum predictions | 90% | 5 | $1 847.38 | 0.75% | 1.52% | $222 158 550 160 | ||
3 | ![]() |
Tether predictions | 94.4% | 1 | $1.000426 | 0.01% | 0% | $83 162 495 084 | ||
4 | ![]() |
Binance Coin predictions | 94% | 4 | $308.50 | 0.41% | -0.64% | $48 081 998 443 | ||
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USD Coin predictions | 94.8% | 1 | $1.000139 | 0.01% | 0.01% | $29 072 935 582 | ||
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XRP predictions | 83.6% | 25 | $0.472742 | 0.73% | 0.71% | $24 574 754 937 | ||
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Cardano predictions | 88.8% | 20 | $0.371099 | 1.92% | 1.51% | $12 941 703 465 | ||
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Lido stETH predictions | 93.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
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Dogecoin predictions | 79.6% | 31 | $0.072758 | 2.07% | -1.38% | $10 151 717 870 | ||
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Polygon predictions | 73.2% | 56 | $0.928375 | 1.48% | 6.06% | $8 614 827 134 | ||
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Solana predictions | 77.2% | 38 | $20.43 | 5.01% | 0.83% | $8 095 221 194 | ||
12 | ![]() |
Wrapped TRON predictions | 80.4% | 33 | $0.077365 | 2.23% | 6.60% | $7 866 128 306 | ||
13 | ![]() |
TRON predictions | 78.4% | 33 | $0.077649 | 2.87% | 7.15% | $7 009 815 149 | ||
14 | ![]() |
Litecoin predictions | 80.4% | 35 | $89.57 | 2.21% | -2.83% | $6 540 062 689 | ||
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Polkadot predictions | 85.2% | 22 | $5.36 | 2.13% | -0.57% | $6 372 920 266 |
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