What is Avalanche Coin?
Avalanche(AVAX) is an open-source platform to build a customized blockchain infrastructure. Launched by Ava Labs, Avalanche operates on most DApps or DeFi applications. Most DApps seek ethereum-based smart contracts. Due to its scalability and limited transaction, the Ethereum-based smart contract platform has been on its limitations. As an alternative to these limitations, the Avalanche can process 4,500 transactions every second.
Additionally, regarding the scalability aspect it shows far better improvement than Ethereum so that it’s available from countless DApps. Within the Avalanche, the basic blockchains such as X-chain, C-chain, and the basic network which is the verification node are present inside. Each subnet executes the validity verification node coupled with the local regulation goal. Since each blockchain manages single subnet, the developers may utilize themselves to make use of this structure. Consequently, it is compatible with other blockchains with high scalability.
Who Invented Avalanche?
The Avalanche coin has been jointly developed by Emin Gün Sirer and two others. Emin Gün Sirer has a plethora of experiences relevant with dispersion network and bitcoin. Over a long time, he bore much interest in bitcoin scaling regarding transaction delay and commission of bitcoin. Consequently, they end up building an independent network environment that pulls off transactions in less than a second.
Amongst the joint founders who laid the cornerstone of Avalanche coin with Emin Gün Sirer are Kevin Sekniqi and Maofan “Ted” Yin. To top it all, they teamed up with experts in the fields of law, finance, economics, science and computer to lead the company.
We Coin-Labs.com provides only objective information about Avalanche Coin.
Therefore, we are not responsible for the investment decision in Avalanche Coin and the resulting loss.
Avalanche Coin Basics
Here are some factors that investors should consider before investing in Avalanche Coin.
| Cryptocurrency Features | Avalanche Coin (AVAX) |
|---|---|
| Publisher or Developers | Ava Labs (CEO. Emin Gün Sirer) |
| Headquarters (Registration Number) | USA |
| Symbol | AVAX |
| Platform | Avalanche Mainnet |
| Published Date (CMC Registration) | 2024-11-01 |
| Max Supply | 715,748,719 AVAX |
Reliability Score of Avalanche Coin in 2024
These are indexes mesuring the investment reliability of Avalanche Coin conducted by Coin-Labs.com.
| Investment Reliability Rating Items | Scores and Current Status |
|---|---|
| Company Activation Rate | 7.0 / 10.0 CAR |
| Communication Rate | 9.9 / 10.0 CR |
| Technology Transparency Rate | 5.7 / 10.0 TTR |
| Development Participation Rate | 9.0 / 10.0 DPR |
| Listing Status on the World's Top 10 Exchanges | Listed on 6 Exchanges |
| Number of Available Pairs Worldwide | 796 Pairs |
| Market Cap of the Cryptocurrency | 12,810,484,267 USD (Rank #9) |
The table above shows the result of investment suitability evaluation for Avalanche Coin.
Check out how we evaluate cryptocurrencies on the crypto rating description page.
Avalanche Coin Price
Here are the price and recent trading volume of Avalanche Coin. (Data of 2024-11-02 00:37:00)
| Price Items | Price and Trading Volume of Avalanche Coin |
|---|---|
| Avalanche Coin Price | 25.264 USD |
| Price Change 24h | -0.04% |
| Price Change 7d | -4.82% |
| Trading Volume 24h | 262,609,192 USD |
| Trading Volume Change 24h | 46.13% |
Cryptocurrency Metadata
You can check the development status and social media information of Avalanche Coin through the links in the table below.
| Metadata Source | URL |
|---|---|
| 🌎 Official Website | https://avax.network/ |
| 📖 White Paper | https://www.avalabs.org/whitepapers |
| 🛰️ Source Code (GitHub) | https://github.com/ava-labs/avalanchego |
| https://twitter.com/Avax | |
| https://reddit.com/r/Avax | |
| 🎺 Message Board | https://medium.com/avalancheavax |
Where to Buy Avalanche Coin
Here are the top ten world crypto exchanges where traders can buy Avalanche Coin in 2024.
| Top10 Exchanges | Listed Status | Page URL |
|---|---|---|
| Binance | Listed | https://www.binance.com/en/trade/AVAX_BTC?theme=dark&type=spot |
| Coinbase | Listed | https://pro.coinbase.com/trade/AVAX-USD |
| Kraken | Listed | https://trade.kraken.com/ko/charts/KRAKEN:AVAX-EUR |
| KuCoin | Listed | https://www.kucoin.com/trade/AVAX-USDC |
| Bitfinex | Listed | https://trading.bitfinex.com/t/AVAX:USD |
| OKX | Not listed | |
| Huobi | Listed | https://www.huobi.com/en-us/exchange/avax_usdt |
| Bitstamp | Listed | https://www.bitstamp.net/markets/avax/usd/ |
| Bybit | Not listed | |
| Gate.io | Listed | https://www.gate.io/trade/AVAX_USDT |
Frequently Asked Questions
What is the current price of Avalanche Coin?
Avalanche Coin price today is 25.264 USD. Furthermore, the price of Avalanche Coin has fluctuated by -0.04% from 24 hours ago, and by -4.82% from a week ago.
Where is Avalanche Coin listed?
Currently, it is listed on a total of 6 among the world top 10 exchanges.
What is the market cap of Avalanche Coin now?
Currently, Avalanche Coin has a market cap of 12,810,484,267 USD, which is ranking 9 among cryptocurrencies worldwide.
How much is the trade volume of Avalanche Coin?
Currently, 407,118,172 AVAX coins are circulating through 796 market pairs. As a result, in the last 24 hours, 262,609,192 USD of AVAX coins were traded in the market.
