Market Overview
Avalanche (AVAX) currently ranks among the top 20 cryptocurrencies by market capitalization, demonstrating strong performance in the decentralized finance sector. This blockchain platform specializes in enterprise-grade solutions and DeFi applications.
Supply Metrics
- Circulating supply: 422.15 million AVAX
- Total supply: 457.15 million AVAX
- Maximum supply: 720.00 million AVAX
The verified supply data indicates healthy circulation levels, with updates occurring every 6 hours to ensure accuracy.
Exchange Performance
Top trading platforms for AVAX include:
| Exchange | Trading Pair | Price | 24h Volume |
|---|---|---|---|
| Binance | AVAX/USDT | $17.55 | $25.03M |
| MEXC Global | AVAX/USDT | $17.54 | $15.23M |
| CoinW | AVAX/USDT | $17.59 | $14.65M |
👉 Discover more trading options across 70+ exchanges.
Key Statistics
| Metric | Value |
|---|---|
| All-Time High | $146.03 (Nov 2021) |
| Current Price in BTC | 0.000165 BTC |
| Fully Diluted Valuation | $12.64 billion |
| Volume/Market Cap Ratio | 0.0275 |
| Platform Age | Launched September 2020 |
Understanding Avalanche Ecosystem
Avalanche provides a scalable solution for decentralized applications with:
- Sub-second transaction finality
- Custom blockchain creation
- EVM compatibility
- Low transaction fees
The platform's native token AVAX serves multiple functions including:
- Network security through staking
- Transaction fee payment
- Governance participation
Performance Metrics
- Market Capitalization: $7.41 billion (+0.55%)
- 24h Trading Volume: $203.88 million (-17.20%)
- ATL to ATH Performance: -87.98% from peak
👉 Track real-time AVAX metrics with comprehensive charts and analysis tools.
FAQ Section
Q: What makes Avalanche different from Ethereum?
A: Avalanche offers faster transaction speeds (4,500+ TPS vs Ethereum's 15-30 TPS) and lower fees while maintaining EVM compatibility.
Q: How can I stake AVAX tokens?
A: Users can stake AVAX through the official Avalanche wallet or select exchanges that support staking services.
Q: What's the inflation rate of AVAX?
A: Avalanche implements a capped maximum supply of 720 million tokens with controlled emission schedules to manage inflation.
Q: Which wallets support AVAX storage?
A: Recommended options include Avalanche's official wallet, MetaMask (with Avalanche network configuration), and Ledger hardware wallets.
Q: How does Avalanche achieve consensus?
A: It uses a novel protocol called Avalanche Consensus that combines the benefits of classical and Nakamoto consensus mechanisms.
Q: What are wrapped AVAX tokens used for?
A: WAVAX enables AVAX to be used in DeFi protocols that require ERC-20 compatibility, bridging liquidity between ecosystems.