Avalanche
AVAX
$7.46
Current Price
-0.02%
24h Change
Info
AVAX
Symbol
$3.50B
Fully Diluted Valuation
$3.30B
Market Cap
30
Market Rank
469.16M
Total Supply
$342.92M
Total Volume
$7.81
24h High
$7.30
24h Low
About Avalanche
Avalanche (AVAX) is a blockchain platform designed to address the critical issues of scalability, decentralization, and security in the cryptocurrency space. Its core mission is to provide a high-performance, flexible framework for decentralized applications (dApps) and enterprise blockchain solutions, enabling thousands of transactions per second with low latency. Avalanche achieves this through its unique consensus mechanism, Avalanche Consensus, which allows for rapid finality and high throughput without compromising security. By leveraging a network of interoperable subnets, Avalanche supports multiple custom blockchains and applications, offering developers the flexibility to tailor their projects to specific needs while maintaining interoperability with the broader Avalanche ecosystem. The ecosystem surrounding Avalanche is robust, with significant integration into the decentralized finance (DeFi) sector, enabling seamless creation and management of financial products. Its platform supports a wide range of use cases, from asset issuance and trading to more complex decentralized applications. Avalanche has seen considerable adoption, with numerous partnerships and a growing number of projects launching on its platform, such as Pangolin and Trader Joe, which contribute to its vibrant DeFi landscape. The network's ability to provide a scalable and interoperable environment has positioned it as a competitive player in the blockchain industry, attracting developers and enterprises seeking efficient and innovative blockchain solutions.
Start trading Avalanche (AVAX) on Backpack Exchange with competitive fees and advanced trading tools.
FAQ
Information on this page is provided for informational purposes only and does not constitute investment advice. This is not a recommendation to buy or sell any digital asset or to employ any particular investment strategy. Backpack makes no representation as to the accuracy, suitability, or validity of the information provided.
Certain content is sourced from third parties not affiliated with Backpack. Backpack is not responsible for such content, nor is it liable for any errors, delays, or actions taken in reliance on it. Prices and data are for illustrative purposes only and may differ from actual market values. Digital assets involve significant risk and can fluctuate substantially. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition, and consult your own professional advisors for legal, tax, or investment guidance.
Buy Avalanche with the Backpack App
Download Backpack to buy, sell and manage your crypto on the go
Top Movers
