| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| -0.21% | +0.24% | +4.29% | +9.67% | +0.00% |
Avalanche is a smart contract platform built for speed, scalability, and customizable blockchain environments. Its native token, AVAX, is used for fees, staking, and securing the network. What makes Avalanche distinct is its focus on subnets, which allow developers and organizations to create specialized blockchain networks for different applications.
AVAX is often discussed alongside Ethereum, Solana, Cardano, and other Layer 1 assets, but Avalanche has its own identity. It aims to support decentralized finance, gaming, tokenized assets, institutional blockchain use cases, and application-specific networks. This gives it a flexible position in the smart contract platform category.
For users following Avalanche, the AVAX price is connected to more than general altcoin momentum. It reflects interest in scalable blockchain infrastructure, developer adoption, and the demand for networks that can be tailored to specific use cases. Avalanche remains an important project for anyone tracking the competition among major Layer 1 blockchains.
No analysis available for Avalanche yet.
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Avalanche (AVAX) is a cryptocurrency launched in 2020. Avalanche has a current supply of 463,441,061. 1772119 with 431,771,961.
Avalanche is currently priced at $9.51, up 0.24% in the last 24 hours. It is ranked #24 by market capitalization. Over the past 7 days, AVAX is up 4.29%.
Avalanche has a market capitalization of $4.10B. The 24-hour trading volume is $325.49M, reflecting the total value of AVAX traded across all exchanges in the last day.
There are currently 431.77M AVAX in circulation. Avalanche has a maximum supply of 715.75M AVAX, meaning no more than this amount will ever exist.
Avalanche's all-time high price is $144.96, reached on November 21, 2021. The current price is -93.4% from its all-time high.