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View ChartThe real-time price of Avalanche today is $9.01(AVAX/USD), with a market capitalization of $3.99B USD. The 24-hour trading volume is $436.99M USD. The price of AVAX to USD updates in real time. Over the past 24 hours, Avalanche has changed by +5.33%, with a circulating supply of 431.77M.
Buy AvalancheTo address the blockchain trilemma—the simultaneous achievement of scalability, security, and decentralization—Avalanche was developed as a high-performance blockchain platform. Ava Labs’ 2020 launch, Avalanche, presents itself as a cutting-edge platform for creating decentralized apps (dApps) with almost instantaneous transaction finality.
You may pay fees, stake, and participate in governance on the Avalanche blockchain with its native coin, AVAX.
The platform fixes the shortcomings of existing networks while combining their best features. Imagine Avalanche as a blockchain that can confirm thousands of transactions in under two seconds, far faster than Ethereum or Bitcoin, two older networks.
The AVAX token is the original asset of Avalanche. At present, its total supply is 72 million tokens, and more than 70 million are in circulation. When users trade with AVAX, the amount is burned, which means that scarcity increases.
AVAX holders can mortgage their tokens in the Avalanche network. To do this, users must create an Avalanche wallet next to a key phrase. After account verification, users can transfer their funds from the x-chain that creates and trades customized assets to the p-chain that manages all data.
Once the token is transferred, users will receive a transaction ID (txid), so they can entrust their token and select the verifier that best suits their preferences. In addition, users can set a time frame for mortgaging their tokens. Although, they cannot withdraw tokens until the end of the period. At the end of this period, users will not receive any additional rewards. AVAX holders need to take shares again.
Some users call Avalanche “financial Internet”. In essence, it is the intersection of traditional market and decentralized application. At present, the team behind Avalanche is studying its avalance-x-an accelerator, which provides great benefits for developers and their dapps, including derivatives, stable currencies and some products, which will greatly improve the future of decentralized finance.
Although developers can issue their own currencies on the Avalanche network’s bespoke blockchains, AVAX is the main token. Half of the 720 million tokens in AVAX’s maximum supply were produced using the Genesis block.
But just like the Ethereum network, Avalanche’s fees are burned, thereby reducing the number of tokens available.
Since Avalanche is a proof-of-stake platform, block rewards are obtained by validators that stake AVAX. On staked AVAX, validators can earn up to 11% APY; at the moment, the average annual return is about 9.75%.
Avalanche's price is increasing due to demand outstripping supply, fueled by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.
Avalanche(AVAX) has historically grown over time but is volatile. Investment depends on risk tolerance and long-term strategy.
Predicting the exact timing of a Avalanche crash is impossible, as the market is influenced by a complex mix of global economics, regulation, and investor sentiment.
For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.
The Avalanche All-Time Low (ATL) price was 2.7888219, recorded on 2020-12-31 13:15. This stands as the lowest price for Avalanche(AVAX) on record.
The Avalanche All-Time High (ATH) was $146.22, recorded on 2021-11-21 14:15. This represents the highest price Avalanche has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live AVAX price for the most up-to-date information.
Avalanche(AVAX) currently has a circulating supply of 431.77M, with its maximum supply capped at 715.75M.
The current market cap of Avalanche(AVAX) is $3.99B. The market cap of a cryptocurrency refers to its total circulating supply multiplied by its current price.
Avalanche's 24h trading volume is $436.99M, representing the total value of all Avalanche(AVAX) bought and sold across exchanges in the past 24 hours.
The current Avalanche price is $9.01. As the AVAX price changes constantly, BTCC offers real-time AVAX to USD prices that can be accessed at the top of our crypto price page.
Avalanche can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a leading crypto futures exchange, BTCC offers over 350 futures contracts with flexible leverage of up to 500x, including AVAXUSDT.