|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||13.31%||Market Cap||$6 320 011 339|
|Available supply||314 814 657 AVAX|
|Volume 24h||$637 168 143|
|Updated||Monday, January 30, 2023 9:00:06PM 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, $|
|Jan 21||17.51||17.12||17.53||5 432 687 995|
|Jan 22||16.89||16.89||18.15||5 434 504 287|
|Jan 23||17.37||17.37||18.08||5 688 169 608|
|Jan 24||18.02||17.16||18.74||5 398 459 974|
|Jan 25||17.02||16.76||17.95||5 577 557 732|
|Jan 26||17.80||17.80||18.39||5 702 402 904|
|Jan 27||18.10||17.66||20.14||6 339 736 648|
|Jan 28||21.31||20.19||21.36||6 477 714 214|
|Jan 29||20.58||20.32||20.99||6 563 923 114|
|Jan 30||21.08||19.97||21.08||6 320 011 339|
* 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%||84||$22 734.84||-4.21%||-0.77%||$438 267 091 241|
|2||ETH||Ethereum predictions||61.2%||84||$1 551.77||-5.32%||-4.66%||$189 896 701 242|
|3||USDT||Tether predictions||92%||1||$1.000115||-0.01%||0%||$67 783 850 064|
|4||BNB||Binance Coin predictions||67.2%||66||$304.94||-4.03%||-0.33%||$48 150 478 523|
|5||USDC||USD Coin predictions||94.4%||1||$1.000034||0%||-0.02%||$42 771 015 068|
|6||XRP||XRP predictions||65.6%||68||$0.394979||-4.53%||-7.82%||$20 066 373 720|
|7||BUSD||Binance USD predictions||93.6%||1||$1.000427||0.05%||-0.04%||$15 382 568 581|
|8||ADA||Cardano predictions||66.4%||76||$0.370680||-6.12%||-1.21%||$12 823 171 668|
|9||DOGE||Dogecoin predictions||68.4%||68||$0.087241||-2.94%||-1.17%||$11 574 368 244|
|10||STETH||Lido stETH predictions||95.6%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|11||MATIC||Polygon predictions||61.2%||77||$1.076001||-8.14%||8.30%||$9 398 132 735|
|12||SOL||Solana predictions||59.2%||91||$23.57||-9.85%||-2.79%||$8 759 130 586|
|13||DOT||Polkadot predictions||61.6%||85||$6.13||-7.28%||-8.05%||$7 066 700 928|
|14||LTC||Litecoin predictions||69.6%||63||$89.89||-6.90%||0.09%||$6 487 767 280|
|15||AVAX||Avalanche predictions||59.6%||81||$20.08||-3.59%||13.31%||$6 320 011 339|
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