AVAX
AVAX

Avalanche price

$24.1780
-$1.3250
(-5.20%)
Price change for the last 24 hours
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Avalanche market info

Market cap
Market cap is calculated by multiplying the circulating supply with its latest price. Market cap = Circulating supply × Last price
Circulating supply
The amount of this crypto that is publicly available in the market
Market cap ranking
The asset’s ranking in terms of market cap value
All-time high
The historically highest price an asset has reached during its trading history
Market cap
$9.84B
Circulating supply
407,124,884 AVAX
Market cap ranking
6
24h high
$25.5470
24h low
$24.0830
All-time high
$147.04

AVAX calculator

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Avalanche price performance in USD

The current price of Avalanche is $24.1570. Over the last 24 hours, Avalanche has decreased by -5.20%. It currently has a circulating supply of 407,124,884 AVAX and a maximum supply of 720,000,000 AVAX, giving it a fully diluted market cap of $9.84B. At present, Avalanche holds the 6 position in market cap rankings. The Avalanche/USD price is updated in real-time.
Today
-$1.3250
-5.20%
7 days
-$1.1250
-4.45%
30 days
-$0.27600
-1.13%
3 months
$2.9170
+13.73%

About Avalanche (AVAX)

4.0/5
CyberScope
4.4
11/02/2024
TokenInsight
3.6
08/04/2023
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Avalanche is a Layer 1 decentralized blockchain network built to support complex applications and custom blockchain functions. Avalanche aims to be a leading Ethereum alternative, competing with other popular chains such as Solana and Cardano for the title of "Ethereum Killer."

Thanks to its scalable architecture, the Avalanche network can handle up to 6,500 transactions per second and has comparatively low gas fees. A wide variety of decentralized applications (dApps) are hosted by Avalanche, which resulted in a record-breaking total value locked (TVL) of $12 billion in late 2021. At the same time, the abundance of dApps on the Avalanche blockchain increased demand for the AVAX token and had a favorable impact on the cryptocurrency's price.

Avalanche also employs an Ethereum Virtual Machine (EVM), which makes it much easier and faster for developers to port and deploy Ethereum-based smart contracts and applications to the Avalanche network. With the familiar user experience, new users can be easily and quickly onboarded to the Avalanche chain.

AVAX is Avalanche's native token, required to pay the necessary gas fees when completing transactions on the Avalanche network. In addition, AVAX token holders can vote on protocol governance issues and have a say in the future development of the blockchain.

AVAX price and tokenomics

The maximum token supply of Avalanche is 720 million. On November 21, 2021, AVAX hit an all-time high of $146. This represents a period when new and innovative DeFi platforms chose the Avalanche network to host their applications. On top of that, Avalanche was a standout performer during the 2021 bull run.

In a series of private and public funding rounds, 360 million AVAX tokens were minted and sold to early supporters, raising $55 million. They are distributed as follows: The Avalanche founders and project receive 19.3 percent, investors receive 16 percent, and pre-mined rewards and community airdrops receive 64.7 percent. AVAX tokens will be continuously distributed to holders via staking rewards over the next several decades. Furthermore, the Avalanche supply schedule outlines consistent token unlocks over several years.

About the founders

The Avalanche network was founded by Ava Labs. Emin Gün Sirer, a well-known computer scientist, leads the Ava Labs venture. Gün Sirer is a Cornell University associate professor best known for his contributions to peer-to-peer (P2P) systems and computer networking. He was also a pioneer in Bitcoin scaling solutions. Kevin Sekniqi and Maofan Yin, who have PHDs in computer science, are other senior members of the Ava Labs team.

What makes Avalanche unique

The Avalanche network has a unique framework that sets it apart from competing chains. It is made up of several blockchains, each of which serves a distinct purpose with different responsibilities.

Avalanche Exchange Chain

Avalanche's X-Chain is built using a directed acyclic graph (DAG), exclusively used to send and receive money. By isolating these transactions, the Avalanche network reduces congestion and enables faster, cheaper payments.

Avalanche Platform Chain

Avalanche's P-Chain is used for staking and validation. On the P-Chain, Avalanche users can become validators to receive staking rewards.

Avalanche Contract Chain

Avalanche's C-Chain is the execution layer that is fully smart contract-compatible and can support dApps. The C-Chain is the home of all Avalanche DeFi protocols and NFT functions.

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Learn more about Avalanche (AVAX)

Your comprehensive guide to the Avalanche Protocol (AVAX)
The Avalanche Protocol is a groundbreaking, open-source platform designed to launch decentralized applications (DApps), custom blockchains, and interoperable networks. With its innovative consensus mechanisms and unique architecture, Avalanche aims to solve some of the most pressing challenges the blockchain industry faces, such as scalability, decentralization, and security.
Oct 2, 2024|OKX
The 9 best Avalanche (AVAX) wallets to try in 2024
Avalanche ( AVAX ), an open-source protocol that supports the launch decentralized applications (DApps), enjoyed significant growth in 2023, resulting in the project's token, AVAX, jumping by 470% . This growth was driven by the expansion of its network and strategic partnerships with big players like Amazon and JPMorgan. These collaborations aimed to integrate blockchain solutions into traditional finance.
May 13, 2024|OKX|Beginners
How To Add Avalanche to MetaMask — A Step-by-Step Guide
Avalanche is a blockchain platform designed for decentralized applications and enterprise solutions. It aims to provide faster transaction times, lower fees, and increased scalability compared to othe
Apr 25, 2024|OKX
How to bridge to Avalanche
Blockchains are typically isolated systems and can't interact with other chains, making it inconvenient for users to move funds. Blockchain bridges are built to solve this. Blockchain bridging allows users to move their funds from one chain to another quickly. Cryptocurrency bridges enable blockchain interoperability and make digital asset transfer even more convenient. 
Apr 25, 2024|OKX

Socials

Posts
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 32K new posts about Avalanche, driven by 4.6K contributors, and total online engagement reached 8.4M social interactions. The sentiment score for Avalanche currently stands at 83%. Compared to all cryptocurrencies, post volume for Avalanche currently ranks at 496. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Avalanche.
Powered by LunarCrush
Posts
31,811
Contributors
4,564
Interactions
8,406,854
Sentiment
83%
Volume rank
#496

X

Posts
27,598
Interactions
3,907,143
Sentiment
79%

AVAX FAQ

What is AVAX?

AVAX is the native token of the Avalanche network. The Avalanche network is a novel Layer 1 network of blockchains that supports the creation of decentralized applications and smart contracts.

What is the current AVAX price today?
The current price of AVAX today is constantly changing and can be checked in real-time on our platform. Visit our price page for the most up-to-date information.
What is the AVAX price prediction?
While it’s challenging to predict the exact future price of AVAX, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
How much is Avalanche worth today?
Currently, one Avalanche is worth $24.1570. For answers and insight into Avalanche's price action, you're in the right place. Explore the latest Avalanche charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Avalanche, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Avalanche have been created as well.
Disclaimer
The content on this platform ("Content"), is sourced from external parties and sources not affiliated with OKX. OKX does not endorse or guarantee the accuracy, reliability, or suitability of the Content , and we are not responsible or liable for any errors, delays, or inaccuracies. The Content, including any external links, are for general informational purposes only and is not intended to provide (i) investment advice; (ii) a recommendation, offer, or solicitation to buy, sell, or hold any crypto asset or to engage in any specific trading strategy; or (iii) investment, financial, accounting, legal, or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, and their value can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult a legal, tax, and/or investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning.
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AVAX calculator

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