BTCC/ Crypto Prices / Avalanche (AVAX)
Avalanche

Avalanche Price AVAX

USD
$9.01
$0.455471 +5.33%
1D7D1M3M1Y YTD All

Last updated:

View Chart

Avalanche Today's Price

The 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 Avalanche

About Avalanche

To 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.

What is AVAX Token?

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.

Avalanche Future

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.

AVAX Tokenomics

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%.

 

 

View more

Avalanche News

View more

Avalanche FAQ

Why is Avalanche going up?

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.
 

Is Avalanche a good investment based on its price history?

Avalanche(AVAX) has historically grown over time but is volatile. Investment depends on risk tolerance and long-term strategy.

When will Avalanche crash again?

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.

What was Avalanche’s all-time low (ATL)?

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.
 

What was Avalanche’s all-time high (ATH)?

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.

How many Avalanche are there?

Avalanche(AVAX) currently has a circulating supply of 431.77M, with its maximum supply capped at 715.75M.
 

What is the current market cap of Avalanche(AVAX)?

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.

What is Avalanche's 24h trading volume?

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.

What is the current price of Avalanche(AVAX)?

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.

How to Buy Avalanche: A Quick Guide?

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.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.