Avalanche (AVAX)

Ticker
Name
Listing Date
USD Value
Circulation
Market Cap
Links
Website
CoinMarketCap
CoinGecko
Cryptorank
CoinPaprika
CoinCodex
LiveCoinWatch
Social Community
Twitter
Github
Discord
Telegram
Reddit
Facebook
Primary Markets (2 Active) - Total Market Volume: ~$14025
Liquidity Pools (4 Active) - Total Pool Liquidity: ~$307
This asset has multiple networks
About
AVAX is a utility token issued by the decentralized cryptocurrency platform Avalanche in 2020. Avalanche is a groundbreaking decentralized consensus protocol sometimes abbreviated as AVA. Avalanche became the first smart contracts platform with the capability to confirm transactions in less than a second. The protocol is able to support the Ethereum development kit fully and enable millions of full block producers. The project attracted much attention in connection with the major problem of the Ethereum blockchain which is the speed of transactions. The popularity of the network is so high that a large number of transactions entail its frequent clogging. The speed of transactions processing offered by Avalanche is similar to Visa as it’s capable of processing 4500 TPS (some resources claim that this number equals 6500), while Ethereum is able to process 19 transactions a second only.

The development of the project was initiated by the AVA Labs team. John Wu, President of Ava Labs, considers that the project has a great impact on the institutional finance and the DeFi sphere.
Reserves Verification (Beta - we are still building automated signatures)
Stable Connection Tue, 16 Jul 2024 11:21:32 GMT
© 2021 - 2024 XeggeX
 --  --  Support Ticket