FXTM information and reviews
FXTM
93%
IronFX information and reviews
IronFX
92%
Libertex information and reviews
Libertex
91%
FXCC information and reviews
FXCC
90%
Markets.com information and reviews
Markets.com
89%
FxPro information and reviews
FxPro
88%
EUR/USD
1.1726
BTC/USD
47 042.62
GBP/USD
1.3730
USD/JPY
109.9804
USD/CHF
0.9323
USD/CAD
1.2771
EUR/JPY
128.9586

Avalanche Price, AVAX/USD Exchange Rates


Current Rating 12
Symbol AVAX
Logo
Price change, 1h 1.11%
Price change, 24h 4.38%
Price change, 7d 44.14%
AVAX current price $65.79
AVAX Market cap $14 493 443 651
Available supply 220 286 577 AVAX
Volume, 24h $1 930 855 299
Share

Avalanche is an umbrella platform for launching decentralized finance (DeFi) applications, financial assets, trading and other services. It aims to be something of a global assets exchange, allowing anyone to launch or trade any form of asset and control it in a decentralized manner using smart contracts and other cutting-edge technologies.

Developers at Ava Labs claim that Avalanche is the first smart contracts network to offer transaction finalization in under one second as standard.

Avalanche launched its mainnet in September 2020. The platform’s native token, AVAX, performs various tasks within Avalanche and also functions as a rewards and payment system for users.

Who Are the Founders of Avalanche?

Ava Labs has three co-founders, among whom is Emin Gün Sirer, the veteran computer scientist long associated with Bitcoin (BTC) and decentralized networks. Sirer has long been concerned with Bitcoin scaling, and the Avalanche Consensus is a direct follow-on from this research, allowing transaction volumes significantly higher than Bitcoin and competing with the likes of Visa.

Like Sirer, fellow co-founders Kevin Sekniqi and Maofan “Ted” Yin are also associated with Cornell University. Sirer is an advisor to Yin, who is undertaking a PhD in computer science.

The remainder of the team is made up of computer science, economics, finance and law experts.

What Makes Avalanche Unique?

Avalanche provides decentralized asset trading which anyone can launch and use, and does so with a network which is unique in the digital realm in providing subsecond transaction confirmations.

Developers aim to bring together the huge, fragmented and often opaque world of asset trading under one roof, allowing barrier-free access. Developers can create and release all manner of entities from blockchains to digital representations of any asset, and allow them to trade according to any given parameters. These include, for example, mimicking compliance regulations in various jurisdictions.

The AVAX token forms the in-house payment method for Avalanche, and is used for fee collection during transactions, as well as for incentives and related purposes. Users can also earn passive income by staking their coins on the network.

AVAX/USD Price and Exchange Rates Charts

AVAX/USD Price, Exchange Rates chart – 7 days

AVAX/USD Price, Exchange Rates chart – 30 days

AVAX/USD Price, Exchange Rates chart – 60 days

* Forex Rating accepts no liability for any errors in the Avalanche Price or AVAX Information. For the most recent information please visit the Avalanche official site.

Top Cryptocurrencies

# Cryptocurrency 7 days
1 BTC Information Bitcoin 4.27%
2 ETH Information Ethereum 3.88%
3 ADA Information Cardano -0.82%
4 BNB Information Binance Coin 1.42%
5 USDT Information Tether 0.01%
6 XRP Information XRP 0.05%
7 SOL Information Solana -18.82%
8 DOT Information Polkadot 15.37%
9 DOGE Information Dogecoin -0.03%
10 USDC Information USD Coin 0%
11 UNI Information Uniswap 9.3%
12 AVAX Information Avalanche 44.14%
13 LUNA Information Terra -10.83%
14 BUSD Information Binance USD 0.03%
15 LINK Information Chainlink 5.91%
16 LTC Information Litecoin 3.07%
17 BCH Information Bitcoin Cash -1.79%
18 ALGO Information Algorand 2.94%
19 WBTC Information Wrapped Bitcoin 4.7%
20 MATIC Information Polygon 8.41%
Cryptocurrency Rating

Top Bitcoin Brokers

All Bitcoin Forex Brokers

BTC/USD Forecasts

Tight crypto market range as compressed spring
Tight crypto market range as compressed spring

The crypto market remains in limbo and resembles a compressed spring at the same time. Bitcoin is trading slightly below $46,000 on Tuesday morning...

15 Sep 2021

Without confirmation from BTC, altcoin’s growth could be a trap
Without confirmation from BTC, altcoin’s growth could be a trap

Bitcoin remains under moderate pressure on Thursday, trading near $46.3K, down 12.5% from Tuesday's peak. Meanwhile, the total capitalisation of the crypto market has...

10 Sep 2021

Top Bitcoin Price Predictions
Top Bitcoin Price Predictions

Bitcoin, the world's largest digital currency by market capitalisation (market cap), has experienced sharp price volatility since coming into existence in January 2009...

9 Sep 2021

Bitcoin to hit $100000 this year? Standard Chartered thinks it might
Bitcoin to hit $100000 this year? Standard Chartered thinks it might

Analysts at Standard Chartered have presented a framework for valuing Bitcoin, saying structurally they ‘value’ the world’s largest cryptocurrency in a $50,000-$175,000 range...

9 Sep 2021

Bitcoin and gold fall bring back interest to the dollar
Bitcoin and gold fall bring back interest to the dollar

On Tuesday, the dollar added around 0.5% to a basket of the six most popular currencies on turbulence in some market sectors. The buy rumours, sell facts model played...

8 Sep 2021

Crypto the home of the brave and the risk tolerant
Crypto the home of the brave and the risk tolerant

There would have been some pain among Crypto longs, with $3.71b liquidated across the exchanges over the past 24 hours. While we’ve seen close 14,000 Bitcoin futures...

8 Sep 2021

OctaFX information and reviews
OctaFX
86%
HotForex information and reviews
HotForex
85%
XM information and reviews
XM
80%
FXCM information and reviews
FXCM
79%
Vantage FX information and reviews
Vantage FX
78%
Moneta Markets information and reviews
Moneta Markets
77%

© 2006-2021 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.