#12

Avalanche

AVAX
0.00037812 BTC
$37.21
24h: -7.61% 7d: -31.03%
All Time High $144.96 Nov 21, 2021
24h
$37.09 $42.28
24h Volume $1.23B

Price Chart

About Avalanche

Avalanche (AVAX)

Avalanche is a cutting-edge blockchain platform designed for smart contracts and decentralized applications (dApps). Recognized as a leading Layer 1 (L1) solution, Avalanche offers exceptional throughput and efficiency, making it a preferred choice for developers worldwide.

Key Features

  • High Throughput: Avalanche is engineered to handle thousands of transactions per second, ensuring that applications run smoothly even at scale.
  • Proof of Stake (PoS): The network is secured by a robust proof-of-stake consensus protocol, which not only enhances security but also promotes sustainability.
  • Low Cost: Transaction fees on Avalanche are minimal, enabling developers to build and deploy applications without the burden of high operational costs.
  • Environmental Impact: With an energy consumption equivalent to only 46 US households per year, Avalanche is committed to sustainability, making it one of the most environmentally friendly blockchain platforms available.

Developer Friendly

Avalanche empowers developers to create without limits. With advanced tools and low-code solutions, launching a Web3 innovation can take less than 60 seconds. This flexibility allows developers to focus on their ideas and bring them to life efficiently.

Scalability and Subnets

The innovative subnet architecture of Avalanche establishes a new standard for scalability. It enables the creation of independent yet interconnected blockchains that retain speed, reliability, and security. This approach allows users to benefit from a diverse ecosystem while maintaining high performance.

Community and Ecosystem

Avalanche boasts a vibrant and diverse community of over 1 million members, supporting collaboration and innovation across various sectors. With more than 18 languages represented, the community is a global network of developers, enthusiasts, and investors driving the future of decentralized finance (DeFi) and beyond.

Backed by Leading Investors

Avalanche is part of prominent investment portfolios, including those of Andreessen Horowitz (a16z), Polychain Capital, and Galaxy Digital, showcasing its potential and the confidence investors have in its technology.

Suggest Edit

Categories

Smart Contract Platform Layer 1 (L1) Avalanche Ecosystem Proof of Stake (PoS) DragonFly Capital Portfolio DeFiance Capital Portfolio Andreessen Horowitz (a16z) Portfolio GMCI Layer 1 Index GMCI 30 Index Galaxy Digital Portfolio GMCI Index Polychain Capital Portfolio

Market Data

Rank
#12
Market Cap
$14.66B
Volume
$1.23B
Circulating Supply
409.8M AVAX
Total Supply
448.13M AVAX
Max Supply
720M AVAX

Additional Information

Genesis Date
24h Market Cap Change
$-2.78B
24h Market Cap Change %
-15.94%