Avalanche is a high-efficiency Layer 1 blockchain platform leveraging a proof-of-stake protocol and a unique Subnet structure, offering customizable blockchains. More
Fully Diluted Valuation | $14.36B |
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24H Trading Volume | $1.12B |
24H Low / High | $30.09 / $ 31.35 |
Circulating Supply | 422.28M |
Total Supply | 458.08M |
Max Supply | 720.00M |
Categories | DragonFly Capital Portfolio 14 more |
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Founder | Emin Gün Sirer 2 more |
Website | avax.network |
Socials | 4 more |
Explorer | Milkomeda 9 more |
Name | Pair | OG Score |
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Avalanche $AVAX is a blockchain platform designed for decentralized applications (dApps) and custom blockchain networks, developed by Ava Labs. Conceived by Emin Gün Sirer, a computer science professor at Cornell University, Avalanche officially launched in September 2020 following a $42 million initial coin offering (ICO). The platform distinguishes itself through its consensus mechanism, scalability, and rapid transaction speeds, while maintaining political neutrality.
Notable achievements include the Avalanche-Ethereum bridge launched in 2021, enhancing interoperability between the two ecosystems. Strategic collaborations, such as partnerships with Deloitte for disaster recovery solutions and with DeFi platforms, have further strengthened Avalanche $AVAX’s position in the blockchain space.
Avalanche $AVAX employs the Avalanche Consensus, a unique protocol that differs from traditional Proof-of-Work (PoW) or Proof-of-Stake (PoS) methods. Its architecture includes three primary chains: the Exchange Chain (X-Chain) for asset creation, the Contract Chain (C-Chain) for smart contracts, and the Platform Chain (P-Chain) for validators and subnets. This multi-chain structure enables high throughput, energy efficiency, and customization.
The platform processes over 4,500 transactions per second (TPS) with sub-second finality. EVM compatibility allows developers to deploy Ethereum-based dApps without modifications. Smart contract optimization and governance mechanisms further enhance Avalanche $AVAX’s ecosystem, supporting dApps, NFTs, and custom blockchain networks.
Avalanche $AVAX has been adopted across finance, gaming, and supply chain applications. Collaborations with Deloitte have created disaster recovery solutions, while partnerships with DeFi platforms like Aave, Curve, and SushiSwap bolster liquidity. Gaming developers use Avalanche $AVAX for efficient in-game transactions. Its versatility spans institutional usage, individual developers, and digital art applications.
The AVAX token powers the Avalanche ecosystem, serving for transaction fees, validator staking, and governance participation. With a capped supply of 720 million AVAX tokens, the platform implements a deflationary mechanism by burning fees. Staking rewards secure the network while encouraging adoption. Demand stems from DeFi usage, network fees, and scalability benefits.
Avalanche $AVAX benefits from an active developer and enthusiast community. The Avalanche-X grant program supports the creation of innovative dApps and infrastructure. Partnerships with institutions like Mastercard, Deloitte, and gaming companies reinforce practical applications. Some governments explore Avalanche $AVAX for digital ID systems and land registries.
In 2025, Avalanche $AVAX introduced the Snowman++ upgrade, enhancing consensus efficiency, throughput, and scalability. Its interoperability framework expanded with Layer-2 solution integrations. A $50 million fund was launched to support enterprise blockchain innovations, highlighting Avalanche $AVAX’s commitment to ecosystem growth.
Avalanche $AVAX is a scalable and innovative blockchain platform with high throughput, EVM compatibility, and energy-efficient consensus. Through technological advancements, strategic collaborations, and a robust developer ecosystem, Avalanche $AVAX has positioned itself as a leading blockchain network with practical adoption across industries.
Avalanche Consensus ensures high throughput, low latency, and sub-second finality, optimizing speed and scalability.
Three core chains—X-Chain, C-Chain, and P-Chain—divide workloads efficiently, allowing higher throughput and flexibility.
The bridge enables seamless asset transfers between Avalanche $AVAX and Ethereum, enhancing interoperability and ecosystem collaboration.
Subnets allow custom blockchain deployments tailored to specific use cases while leveraging Avalanche $AVAX’s network security.
Avalanche $AVAX uses a lightweight Proof-of-Stake mechanism, reducing energy usage without sacrificing performance.
EVM compatibility allows Ethereum-based dApps to be deployed on Avalanche $AVAX without modification, simplifying migration and ecosystem expansion.
Snowman++ improves consensus efficiency, throughput, and scalability for high-demand applications on Avalanche $AVAX.
Avalanche-X funds developers building dApps, infrastructure, and novel use cases, fostering rapid ecosystem growth.
Transaction fees are burned, reducing token supply over time and creating deflationary pressure that supports long-term value.
Avalanche $AVAX is used with Deloitte for enterprise solutions and explored by governments for digital ID and land registry implementations.
Avalanche stands out for its customizable Subnets, distinct consensus mechanisms across its X-Chain, C-Chain, and P-Chain, facilitating high throughput, scalability, and independence among its interconnected blockchains.
Avalanche was founded by Emin Gün Sirer, Kevin Sekniqi, and Maofan "Ted" Yin.
Polychain Capital, DragonFly Capital, Galaxy, Andreessen Horowitz (a16z), HashKey Capital, Balaji Srinivasan, NGC Ventures, CMS Holdings, DeFiance Capital, Republic, Continue Capital, Fifth Era, Initialized Capital, Collab+Currency, Moonwhale Ventures, Naval Ravikant, Muhabbit Capital, Bitmain, Gains Associates, Metastable Capital, Lvna Capital, Ramtin Naimi, Three Arrows Capital.
Avalanche uses a proof-of-stake consensus protocol with a network of validators to secure its platform and validate transactions across its distinct blockchains.
You can buy Avalanche (AVAX) on Binance, Gate.ioMEXCBitgetBybit cryptocurrency exchanges.
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