Price Change 1h
1.63%
Price Change 24h
4.43%
Price Change 7d
4.67%
Price Change 1m
20.74%
All-time high
$146.22
Market Cap
$8.2B
24h Volume
$161M
Circulating Supply
395,365,022
Total Supply
444,701,367
All-time low
$2.8
The live Avalanche price today is $21.43 USD with a 24-hour trading volume of $142,012,868 USD. We update our AVAX to USD price in real-time. Avalanche is up 4.25% in the last 24 hours. The current CoinMarketCap ranking is #12, with a live market cap of $8,474,400,532 USD. It has a circulating supply of 395,364,044 AVAX coins and a max. supply of 715,748,719 AVAX coins.
Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.
This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.
After its mainnet launch in 2020, Avalanche has worked on developing its own ecosystem of DApps and DeFi. Different Ethereum-based projects such as SushiSwap and TrueUSD have integrated with Avalanche. Furthermore, the platform is constantly working on improving interoperability between its own ecosystem and Ethereum, like through the development of bridges.
