Avalanche (AVAX)

24h Change -5.98%

24h High $25.13

24h Low $23.52

24h Volume $4

Max Supply: 0

Circulation: 311,582,142.741

Market Cap: $7,594,456,409

AVAX
USD

Listing Date:
2022-09-12, 00:16:08

Network:
Multiple (See Below)

Asset Type:
Coin

This Asset Has Multiple Networks

Name: Avalanche

Ticker: AVAX (AVAX-CCHAIN)

Blockchain: Avalance C-Chain Network

Confirmations Required: 50

Withdrawal Fee: 0.041 AVAX

 

Main Net

Primary Markets (2 active)

Total Market Volume: ~$5

Liquidity Pools (1 Active)

Total Pool Liquidity: ~$211

Hot Wallets

Deposit (AVAX-CCHAIN)
Block #62109918 @ 0.37 min ago

Balance: 0.21359544

Updated: 0.31 min ago

Withdraw (AVAX-CCHAIN)
Block #62109918 @ 0.37 min ago

Balance: 39.02116293

Updated: 0.31 min ago

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About Avalanche

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.