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    Avalanche

    Avalanche priceAVAX

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    AVAX
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    USD
    1 AVAX = 31.66 USD
    Last updated 2024-07-23 04:43:44(UTC-0)
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    Avalanche price live data summary

    The live price of Avalanche is $31.66 per (AVAX / USD) today with a current market cap of $12.50B USD. The 24-hour trading volume is $466.66M USD. AVAX to USD price is updated in real time. Avalanche is -3.30% in the last 24 hours. It has a circulating supply of 394,797,500 .

    What is the highest price of AVAX?

    AVAX has an all-time high (ATH) of $146.22, recorded on 2021-11-21.

    What is the lowest price of AVAX?

    AVAX has an all-time low (ATL) of $2.79, recorded on 2020-12-31.
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    Avalanche price prediction

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    When is a good time to buy AVAX? Should I buy or sell now?

    When deciding whether to buy or sell AVAX, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget AVAX technical analysis can provide you with a reference for trading.
    According to the AVAX 4h technical analysis, the trading signal is Strong buy.
    According to the AVAX 1d technical analysis, the trading signal is Buy.
    According to the AVAX 1w technical analysis, the trading signal is Neutral.

    What will the price of AVAX be in 2025?

    Based on AVAX's historical price performance prediction model, the price of AVAX is projected to reach $39.41 in 2025.

    What will the price of AVAX be in 2030?

    In 2030, the AVAX price is expected to change by +8.00%. By the end of 2030, the AVAX price is projected to reach $66, with a cumulative ROI of +128.12%.
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    Avalanche price performance in USD

    24h7 days30 days90 days1 yearAll-time
    -3.30%+13.87%+22.58%-19.08%+137.48%+6241.74%
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    Avalanche price history in USD

    TimeLowHigh
    24h$31.41$32.7
    7d$26.54$32.95
    30d$22.13$32.95
    90d$22.13$41.69
    1y$8.7$65.25
    All-time$2.79(2020-12-31, 3 years ago )$146.22(2021-11-21, 2 years ago )
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    Avalanche market information

    Market cap
    $12,499,353,801.77
    -3.30%
    Fully diluted market cap
    $22,660,722,815.32
    -3.30%
    Volume (24h)
    $466,660,949.43
    -42.13%
    Market rankings
    Circulation rate
    +88.00%
    24h volume / market cap
    0.0373
    Circulating supply
    394,797,500 AVAX
    Total supply / Max supply
    444,143,859.24 AVAX
    715,748,719 AVAX
    ICO price
    $0.5000 ICO details
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    Avalanche ratings

    Average ratings from the community
    4.4
    100 ratings
    This content is for informational purposes only.

    Avalanche Social Data

    In the last 24 hours, the social media sentiment score for Avalanche was 3.1, and the social media sentiment towards Avalanche price trend was Bullish. The overall Avalanche social media score was 439,727, which ranks 48 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Avalanche being mentioned with a frequency ratio of 0.22%, ranking 28 among all cryptocurrencies.

    In the last 24 hours, there were a total of 8,022 unique users discussing Avalanche, with a total of Avalanche mentions of 2,342. However, compared to the previous 24-hour period, the number of unique users increase by 4%, and the total number of mentions has decrease by 25%.

    On Twitter, there were a total of 61 tweets mentioning Avalanche in the last 24 hours. Among them, 7% are bullish on Avalanche, 3% are bearish on Avalanche, and 90% are neutral on Avalanche.

    On Reddit, there were 161 posts mentioning Avalanche in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 18% .

    All social overview

    Average sentiment (24h)
    3.1
    Social media score (24h)
    439.73K(#48)
    Social contributors (24h)
    8.02K
    +4%
    Social media mentions (24h)
    2.34K(#28)
    -25%
    Social media dominance (24h)
    0.22%
    X
    X posts (24h)
    61
    -21%
    X sentiment (24h)
    Bullish
    7%
    Neutral
    90%
    Bearish
    3%
    Reddit
    Reddit score (24h)
    228
    Reddit posts (24h)
    161
    +18%
    Reddit comments (24h)
    0
    0%

    About Avalanche(AVAX)

    What Is Avalanche?

    Avalanche (AVAX) is an open-source platform for launching decentralized applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem. Conceived by Ava Labs, Avalanche aims to bridge the gap between the decentralized finance (DeFi) and traditional financial sectors, bringing about a seamless integration of the two.

    This technology builds upon the foundations laid down by first- and second-generation blockchain networks such as Bitcoin and Ethereum, while addressing their limitations. The result is a network that boasts incredible speed, scalability, and security – the "holy trinity" of the blockchain world.

    Avalanche has attracted a huge amount of attention and capital from big institutions such as Andreessen Horowitz, Mastercard and more. Despite being born quite recently in September 2021 at the height of a bull market, Avalanche now claims the top 7 spot of the biggest blockchain by Total Value Locked as of July 2023.

    Resources

    Whitepaper: https://www.avalabs.org/whitepapers

    Official website: https://www.avax.network/

    How Does Avalanche Work?

    Avalanche's scalability and speed lies in its unique consensus protocol, the Avalanche Consensus. This innovative protocol is a mix of the Nakamoto Consensus used in Bitcoin and the Classical Consensus used in many other distributed systems.

    The Avalanche Consensus employs a 'gossip-style' protocol, where a small subset of nodes is randomly chosen to decide the validation of a transaction. Each node repeats this process of random selection and decision-making until a definitive majority is reached, after which the transaction is validated. This process is rapid and allows for high throughput and low latency.

    Avalanche boasts a network of multiple blockchains, all interoperable and each capable of handling a different task. This multi-chain structure has three main chains: The Exchange Chain (X-Chain), The Platform Chain (P-Chain), and the Contract Chain (C-Chain). Each has its distinct function in the system - handling assets, coordinating validators, and enabling Ethereum-compatible smart contracts, respectively.

    What Is AVAX Token?

    AVAX, the native token of the Avalanche blockchain, sets itself apart through a unique deflationary mechanism. Every transaction fee collected is completely burned, thereby enhancing its rarity incrementally. Furthermore, users holding 2,000 or more AVAX tokens can take on the role of validators, earning an attractive annual percentage yield of up to 11% in AVAX.

    The distribution of AVAX tokens, known as tokenomics, has been strategically designed for sustainable development. Half of the tokens are allocated for staking rewards, encouraging active participation in the network's security. The remainder is divided among several categories, including the public sale, team, foundation, community and developer endowment, strategic partners, private sale, seed sale, airdrop, and a testnet incentive program. The AVAX supply is capped at 720 million tokens, with half of this amount released at the genesis block. The remaining tokens are emitted as per the formula detailed in the Avalanche whitepaper, adaptable to changing economic scenarios, with over 346 million AVAX tokens in circulation as of July 2023. Notably, AVAX was initially sold at $0.5 per token during Avalanche's 2020 ICO, marking the start of its impressive journey.

    What Determines Avalanche's Price?

    The Avalanche (AVAX) cryptocurrency is rapidly gaining traction thanks to its innovative, high-speed blockchain platform. For traders and investors, understanding the Avalanche price today and predicting its future can be of immense value. The AVAX price today is significantly impacted by multiple factors, making Avalanche price analysis a must for those looking to invest.

    One of the most crucial elements that contribute to the Avalanche coin price is its unique utility within the Avalanche ecosystem. AVAX is not just another digital token; it's used for transaction fees, staking, and even serves as a governance token. This multi-functionality makes it an integral part of the network, thereby influencing its market value. The Avalanche crypto price also benefits from a deflationary mechanism in which transaction fees are burned. This reduction in overall supply has the potential to drive up the current price of Avalanche over time.

    Another vital aspect to consider is the Avalanche market cap. The market cap, which represents the total value of all circulating AVAX tokens, serves as an additional layer of information for anyone performing Avalanche price analysis. It's crucial for traders looking to get a comprehensive understanding of the asset's value and potential for growth.

    Market sentiment is a powerful driver when it comes to the Avalanche digital asset price. Factors like news announcements, technological upgrades, and community engagement can trigger significant price fluctuations. For example, the launch of new decentralized applications (dApps) or enterprise-grade solutions can have a positive effect on the Avalanche crypto price. Also, it's essential to consider the broader cryptocurrency market trends when evaluating the AVAX USD price. These trends often mirror how AVAX performs, especially when making comparisons with key competitors like Ethereum.

    When it comes to short-term Avalanche price prediction, technical analysis is a go-to strategy. This includes studying the Avalanche price chart, evaluating Avalanche historical price data, and understanding trading volume and liquidity. These factors collectively contribute to an accurate Avalanche price forecast and help in devising effective trading strategies.

    Conclusion

    In conclusion, Avalanche represents a leap forward in the blockchain industry, overcoming limitations of previous networks with its unique consensus protocol and a multi-chain architecture. Its potential for high scalability, speed, and security, alongside the unique deflationary mechanism of the AVAX token, places it in a strong position in the market. Looking ahead, Avalanche holds immense promise to continue driving innovation and expansion in the world of decentralized finance and beyond.

    It's important to note that like any other cryptocurrencies, Avalanche carries its own risks and it's always wise to do your own research and exercise caution while investing.

    Related Articles about Avalanche

    Introduction to Avalanche (AVAX)

    How to buy Avalanche(AVAX)

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    After having successfully signed up on Bitget and purchased USDT or AVAX tokens, you can start trading derivatives, including AVAX futures and margin trading to increase your income.

    The current price of AVAX is $31.66, with a 24h price change of -3.30%. Traders can profit by either going long or short onAVAX futures.

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    Avalanche news

    See more
    Avalanche Rallies 12% as ‘Cheaper than a Penny’ AI Coin Captures $7 Million

    Avalanche Rallies 12% as ‘Cheaper than a Penny’ AI Coin Captures $7 Million

    Cryptonews2024-07-23 00:11
    Top Crypto Gainers Today Jul 22 – AIOZ Network, OriginTrail, Avalanche, Bitget Token

    Top Crypto Gainers Today Jul 22 – AIOZ Network, OriginTrail, Avalanche, Bitget Token

    Insidebitcoin2024-07-22 18:55
    Avalanche Price Above This Barrier Could Turn AVAX Worth $357 Million Profitable

    Avalanche Price Above This Barrier Could Turn AVAX Worth $357 Million Profitable

    BeInCrypto2024-07-22 18:20
    CoinDesk 20 Index: AVAX and SOL Lead, NEAR and HBAR Lag in Daily Market Update

    CoinDesk 20 Index: AVAX and SOL Lead, NEAR and HBAR Lag in Daily Market Update

    Cointime2024-07-22 14:05
    Avalanche Surges Past Tron as Market Rebounds

    Avalanche Surges Past Tron as Market Rebounds

    Cryptodnes2024-07-22 12:37

    FAQ

    What is the current price of Avalanche?
    We update our Avalanche to USD price in real time. Get the live Price of Avalanche on Bitget.
    What is the 24 hour trading volume of Avalanche?
    Over the last 24 hours, the trading volume of Avalanche is $466.66M.
    What is the all-time high of Avalanche?
    The all-time high of Avalanche is $146.22. This all-time high is highest price for Avalanche since it was launched.
    Can I buy Avalanche on Bitget?
    Yes, Avalanche is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Avalanche guide.
    Can I get a steady income from investing in Avalanche?
    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.
    Where can I buy Avalanche with the lowest fee?
    We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
    What are the primary components of Avalanche's architecture?
    Avalanche consists of multiple blockchains, which are categorized primarily into: - P-Chain (Platform Chain): Manages the Avalanche's validators and keeps track of active subnets. - C-Chain (Contract Chain): Provides Ethereum-compatible smart contract capabilities. - X-Chain (Exchange Chain): Enables asset creation, transfer, and management.
    How is Avalanche different from Ethereum?
    Avalanche and Ethereum, while both decentralized platforms, differ significantly in their consensus mechanisms and architecture. Avalanche employs Avalanche Consensus, which rapidly reaches agreement by sampling a subset of nodes to vote on transaction validity, and these nodes then propagate their decisions to other subsets in an iterative manner. This unique approach allows for high transaction throughput and quick finality. In contrast,Ethereum has transitioned to the Ethereum 2.0 Proof of Stake (PoS) consensus. In this system, validators are chosen based on the amount of cryptocurrency they're willing to "stake" as collateral, ensuring transaction and block validation. Ethereum's switch aimed to enhance scalability and energy efficiency. Furthermore, Avalanche stands out with its multi-chain structure, supporting various interoperable blockchains tailored for specific use cases. On the other hand, Ethereum, with its unified blockchain approach, has introduced shard chains in Ethereum 2.0 to address scalability concerns. While Ethereum has a deeply established ecosystem with a vast array of dApps and community tools, Avalanche offers compatibility with Ethereum's toolset, enabling developers to deploy or migrate applications easily between the platforms.
    Can I run Ethereum dApps on Avalanche?
    Yes, one of Avalanche's chains, the C-Chain, is fully compatible with Ethereum's toolset, smart contracts, and dApps. This means developers can port their Ethereum dApps to Avalanche with minimal changes, benefiting from faster transaction times and potentially lower fees.
    How does Avalanche ensure security?
    Avalanche achieves security through its consensus mechanism and the requirement for validators to stake AVAX, the native token. A staking model means that validators have a vested interest in correctly validating transactions, as malicious actions can result in their staked tokens being slashed (or taken away).
    How can I stake Avalanche (AVAX)?
    Staking is an integral part of the Avalanche network, allowing holders to earn rewards by participating in the consensus mechanism. By staking AVAX, you become a validator or a delegator, helping to secure the network. In return for staking and maintaining network security, you receive staking rewards as an incentive. Avalanche provides a user-friendly staking process through its official wallet. To start, you can acquire AVAX tokens from exchanges like Bitget and then transfer them to your Avalanche wallet. Once in the wallet, navigate to the "Earn" tab to begin the staking process. If you wish to be a delegator, you'll need at least 25 AVAX. For those aiming to run a validator node, a commitment of 2,000 AVAX is required. Staking durations vary, from a brief two weeks up to a full year, locking your tokens for the chosen period. Beyond the Avalanche platform's direct staking, there's also the option to stake AVAX through various DeFi protocols that support the cryptocurrency. This offers an alternative avenue for those looking to diversify their staking approach.
    Is the price of Avalanche (AVAX) correlated with the overall crypto market?
    While AVAX, like many other cryptocurrencies, can be influenced by the overall sentiment and movements in the broader crypto market (e.g., Bitcoin's price movements), it can also move based on its own fundamentals, news, and developments specific to the Avalanche platform.
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    Cryptocurrency investments, including buying Avalanche online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Avalanche, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Avalanche purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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