|Market Cap||Volume||Available Supply|
|$16.07 B||$1.08 B||244.36 M AVAX|
Avalanche (AVAX) has a marketcap of $16.07 B. Its price is -17.52% down in the last 24 hours.
What is Avalanche?Avalanche is an open-source platform for launching decentralized finance applications andenterprise blockchain deployments in one interoperable, highly scalable ecosystem. Developerswho build on Avalanche can easily create powerful, reliable, and secure applications andcustom blockchain networks with complex rulesets or build on existing private or public subnets.Avalanche is the first smart contracts platform that can confirm transactions in under onesecond, supports the entirety of the Ethereum development toolkit, and enables millions ofindependent validators to participate as full block producers (Avalanche had over 1,000 full,block-producing nodes on its Denali testnet).In addition to supporting transaction finality under one second, Avalanche is capable ofthroughput orders of magnitude greater than existing decentralized blockchain networks (4,500+transactions/second) and security thresholds well-above the 51% standards of other networks.What is the Avalanche (AVAX) Token?AVAX is the native token of Avalanche. It is a hard-capped, scarce asset that is used to pay forfees, secure the platform through staking, and provide
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