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Avalanche (AVAX)


Avalanche (AVAX) Crypto Market Pairs

-0.09 %
Rank # 14 500+ Watchlist
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Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.


The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

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Avalanche (AVAX) Market Pairs
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Coin Avalanche
Coin Info

Avalanche is a layer one blockchain that acts as the basis for distributed apps and private blockchain networks. It is one of Ethereum's competitors, attempting to dethrone Ethereum as the most popular blockchain for smart contracts. It intends to accomplish this by providing a larger transaction output of up to 6,500 transactions per second while maintaining scalability.

This is made feasible by the distinctive architecture of Avalanche. The Avalanche network is made up of three separate blockchains: the X-Chain, the C-Chain, and the P-Chain. Each chain serves a specific purpose, which differs significantly from the approach taken by Bitcoin and Ethereum, which requires all nodes to validate all transactions. Avalanche blockchains utilise various consensus techniques depending on their use cases.

Avalanche was created by Ava Labs, which was formed by Cornell University professor Emin Gün Sirer and Cornell University computer science PhDs Kevin Sekniqi and Maofan "Ted" Yin. Gün Sirer is a cryptography research veteran, having created a hypothetical peer-to-peer virtual money six years before the Bitcoin whitepaper was released. He was also engaged in work on Bitcoin scaling solutions and Ethereum research prior to the infamous The DAO incident in 2016.

The whitepaper that resulted from that study led to the formation of Ava Labs in 2018. In February 2019, the startup closed a seed round with Polychain, Andreessen Horowitz, and Balaji Srinivasan as investors. Avalanche raised $42 million in less than 24 hours during their initial coin offering (ICO) in 2020.

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Frequently Asked Questions (FAQs)
The current price of Avalanche (AVAX) is USD 21.98
24 Hours, High Price of Avalanche (AVAX) is USD 22.69 and Low price of Avalanche (AVAX) is USD 21.83
The total supply of Avalanche (AVAX) is 433213658.03445 and Circulating supply of Avalanche (AVAX) is 365,180,751.00
The trading volume of Avalanche (AVAX) is 636289376 In the last 24 hours