Avalanche (AVAX) - A High Throughput Smart Contract Platform
Avalanche (AVAX) is a high throughput smart contract blockchain platform designed to provide a fast, low-cost, and environmentally friendly solution for decentralized applications (dApps). It operates on a proof-of-stake consensus protocol, where validators secure the network.
- Symbol: AVAX
- Name: Avalanche
- Asset Platform ID:
- Categories: Smart Contract Platform, Avalanche Ecosystem, Layer 1 (L1)
- Market Cap Rank: 22
- Price Change Percentage (30 days): 22%
- Website: https://www.avax.network/
- Listed Exchanges: BingX, BTSE, DigiFinex, Gate.io, CoinTR Pro, Binance, WhiteBIT, BitMart, Bitget, LBank, Pionex, Coinsbit, Coinbase Exchange, Crypto.com Exchange, CoinW, Bitfinex, P2B, KuCoin, Phemex, Huobi, Bitstamp, OKX, Kraken, WOO X, Bitazza, Tidex, Dexalot, XT.COM, Bybit, PointPay, BitMake, Bitvavo, Bitrue, Toobit, Bitbank, Deepcoin, BtcTurk | Kripto, DIFX, Ace, LocalTrade, CoinEx, FameEX, Bitso, Coinstore, Binance US, Trubit, Defi Kingdoms (Crystalvale), Bitci TR, AscendEX (BitMax), BigONE, Bitkub, Dcoin, Indodax, Cryptology, Gemini, MEXC, Bitforex, CITEX, Coinmetro, HitBTC, FMFW.io, Nominex, TokoCrypto, C-Patex
Avalanche's mainnet was launched in September 21, 2020. Since then, it has gained significant traction and now secures over 100 individual projects. The platform has burned over $1.4 million worth of AVAX tokens, resulting in a reduced supply. With a network of 950+ individual block-producing validators and a community exceeding 500,000 members worldwide, Avalanche has established itself as a prominent player in the blockchain space.
Avalanche also hosts various decentralized finance (DeFi) applications, such as Pangolin and TraderJoe, offering users the ability to participate in the growing DeFi ecosystem on the platform.
What is Avalanche?
Avalanche is a high throughput smart contract blockchain platform that aims to provide fast, low-cost, and environmentally friendly solutions for decentralized applications (dApps).
How does Avalanche secure its network?
Avalanche utilizes a proof-of-stake consensus protocol, where validators play a crucial role in securing the network.
What are some notable features of Avalanche?
Avalanche offers high throughput, low transaction costs, and a sustainable approach to blockchain technology.
Which exchanges list AVAX?
AVAX is listed on various exchanges including Binance, Coinbase Exchange, Kraken, and many more.