|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||7.11%||Market Cap||$7 497 665 518|
|Available supply||365 109 916 AVAX|
|Volume 24h||$407 732 946|
|Updated||Tuesday, November 28, 2023 11:00:03PM 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, $|
|Nov 19||21.99||21.08||22.26||7 850 008 097|
|Nov 20||22.83||20.98||22.84||7 459 726 518|
|Nov 21||20.86||19.03||21.91||6 766 176 681|
|Nov 22||19.09||19.09||21.12||7 428 218 356|
|Nov 23||20.80||20.55||21.19||7 394 609 248|
|Nov 24||20.67||20.52||21.62||7 625 621 698|
|Nov 25||20.89||20.75||21.43||7 741 052 338|
|Nov 26||21.30||20.39||21.46||7 732 033 543|
|Nov 27||21.13||19.96||21.13||7 376 855 141|
|Nov 28||20.37||19.69||20.81||7 497 665 518|
* 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||93.6%||7||$37 887.42||2.19%||4.10%||$740 914 703 934|
|2||ETH||Ethereum predictions||75.2%||40||$2 050.06||1.43%||5.57%||$246 506 860 729|
|3||USDT||Tether predictions||93.2%||1||$1.000301||0.03%||0%||$88 925 672 826|
|4||BNB||Binance Coin predictions||83.2%||27||$229.58||1.34%||0.61%||$34 826 645 047|
|5||XRP||XRP predictions||77.6%||39||$0.611178||1.60%||5.44%||$32 891 765 662|
|6||USDC||USD Coin predictions||92%||1||$0.999723||-0.03%||-0.01%||$24 527 694 579|
|7||SOL||Solana predictions||63.2%||84||$57.87||5.81%||12.26%||$24 503 935 560|
|8||ADA||Cardano predictions||70.4%||57||$0.384113||2.50%||6.35%||$13 558 501 012|
|9||DOGE||Dogecoin predictions||76.8%||44||$0.080192||2.84%||12.17%||$11 388 879 677|
|10||STETH||Lido stETH predictions||93.6%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|11||TRX||TRON predictions||86.4%||26||$0.103213||1.12%||7.03%||$9 139 931 162|
|12||WTRX||Wrapped TRON predictions||83.6%||27||$0.102906||0.58%||6.65%||$9 112 741 438|
|13||TON||Toncoin predictions||84%||29||$2.45||0.16%||5.46%||$8 405 695 668|
|14||LINK||Chainlink predictions||68%||66||$14.48||2.92%||6.94%||$8 065 328 705|
|15||AVAX||Avalanche predictions||59.6%||84||$20.54||1.70%||7.11%||$7 497 665 518|
AVAX price has been in a strong rally since the start of 2023, but a sustained uptick in its DeFi components is needed in order to sustain the current bullish momentum...
Avalanche (AVAX) plummeted below the moving averages and the uptrend line on Feb. 20, suggesting that the higher levels continue to attract selling by the bears...
Market corrections are scary, but savvy altcoin traders also know it is an opportunity to secure hefty gains - here’s how. Admittedly, the last few days have not been...
AVAX price soared to a record high as heavy inflows enter the protocol through its cross-chain bridge and institutional investors pledge $230 million in funding for...
The AVAX/USD exchange rate slips more than 16% after testing its May resistance level. The Avalanche blockchain platform's native asset, AVAX, fell on Aug. 19 as traders...
The multi-stage program will start with $27M tokens allocated for the Aave and Curve protocols, with additional incentives reserved for Avalanche native projects...
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2023 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.