AVAX
Avalanche
AVAX

Avalanche price

in AUD
A$37.22
+A$0.27604 (+0.74%)
AUD
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Market cap
A$15.74B #14
Circulating supply
422.28M / 720M
All-time high
A$224.25
24h volume
A$903.21M
4.0 / 5
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About Avalanche

AVAX, the native cryptocurrency of the Avalanche network, powers a high-speed, scalable blockchain platform designed for decentralized applications (dApps) and enterprise solutions. Known for its low transaction fees and near-instant finality, AVAX is integral to Avalanche's ecosystem, enabling users to pay for transactions, secure the network through staking, and participate in governance decisions. Avalanche's unique architecture supports custom blockchains, known as subnets, making it a preferred choice for projects requiring tailored solutions. From DeFi platforms to tokenized real-world assets and gaming applications, AVAX drives innovation across diverse use cases, positioning itself as a cornerstone of blockchain adoption and utility.
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Last audit: 26 June 2021, (UTC+8)

Avalanche’s price performance

Past year
+14.32%
A$32.56
3 months
+18.02%
A$31.54
30 days
+7.72%
A$34.56
7 days
+2.03%
A$36.48
58%
Buying
Updated hourly.
More people are buying AVAX than selling on OKX
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Avalanche on socials

moonbags
moonbags
This is probably going to be an unpopular opinion with certain parts of the community. Need to talk about @avax a bit. I probably said shit in the past that contributed to this problem as well. Consider a few points: 1. We are entering an era of acceptance, but crypto is still pre-mass adoption. Success is not guaranteed, and it's especially not guaranteed for individual projects/chains/etc. 2. In crypto, community matters. It sets a tone, a vibe. People pay attention to it. 3. Avalanche needs to be able to take risks. Some things will be successful, and others won't. That's part of the process. There's a very real problem that the community may have become sour to a point where nothing can make them happy. I'm not here to blame anybody, but I for one will be looking on the bright side. I see a bunch of hardworking people trying different things. It's better to be on the field and in the conversation than in the stands yelling at the refs.
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Wals
Wals
Long story short, I’m glad to partner with @avax 8 hours later - it’s one of the best L1s. I couldn’t miss out on $AVAX: - Strong community. - Lots of solid projects built on top. - Vibes are immaculate, good ecosystem fr. I feel like I belong in the Doritos chain. 🔺
Wals
Wals
Why is @avax all over my TL since @vohvohh took over??? Why am I sidelined?? My only exposure was getting my wife’s dad to ape heavily into $AVAX lol How to get in on the action, pls help I want to cook on the Dorito chain too 🔺
1.78K
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Easy
Easy
250/365 I really enjoy prediction markets. Hit a couple wins today Adjusted the portfolio, wanna clean up some positions These are by far the most enjoyable markets and ones I find the most joy actually creating content around I’m very grateful for the lady cause every week we are doing these fitness Apple Watch challenges and it’s gotten me back in the gym. Lifting and cardio literally every day. Without her drive n competitive nature I wouldn’t be as committed. Life hack; find a partner that enjoys gamification and is competitive. Your life will improve 100x Very excited for the Asia trip with the guys. Can’t say it enough. We haven’t all been together in months and when we are it’s a blast and we are the most productive we’ve been We also got bodoggo company badges. They’re fun Shot an 89 today, was smooth. Coulda been better. Gotta get the tee box locked and I’m gonna break 80 I’m confident. Everything but my driver is feeling so dialed. All in all man, life is good Happy , improving the health, bags feel good. We keep going
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Easy
Easy
249/365 Football is back. I’m excited. Once again in too many fantasy leagues Really enjoying production markets and focusing more time there. It’s slower paced but better. Returns sure aren’t 100x’s but you can stack wins so consistently. Have still kept tabs on perps. Made a couple meme plays but not as focused there at the moment. Also want to add the lady in my life is amazing, and I’m beyond proud of how hard she’s working and can’t wait to continue to see her kick ass in her role at AVAX. She did beat me last week in our Apple Watch fitness comp but I’m not going down this week Locked in travel for Asia. South Korea then Singapore for a couple weeks. Really excited to be with the gang in person. We do our best content when we’re together Also proud of myself with how consistently I’ve been incorporating 30min cardio + 30min lifting at a bare minimum every day. Usually adding in hoops and golf most days to that too. Feeling good. Sore but good. Knee pain has essentially gone away as well Life is good Continuing to get better every day One more day this week. We keep going.
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Avalanche FAQ

AVAX is the native token of the Avalanche network. The Avalanche network is a novel Layer 1 network of blockchains that supports the creation of decentralized applications and smart contracts.

The easiest way to stake AVAX tokens and receive passive income on your holdings is via OKX Earn. OKX Earn offers a variety of low-risk savings and staking subscription plans, in both fixed and flexible terms.

Easily buy AVAX tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include AVAX/USDT, AVAX/USDC and AVAX/BTC.

You can also buy AVAX with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for AVAX with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into AVAX, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Currently, one Avalanche is worth A$37.22. For answers and insight into Avalanche's price action, you're in the right place. Explore the latest Avalanche charts and trade responsibly with OKX.
Cryptocurrencies, such as Avalanche, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Avalanche have been created as well.
Check out our Avalanche price prediction page to forecast future prices and determine your price targets.

Dive deeper into Avalanche

Avalanche is a Layer 1 decentralized blockchain network built to support complex applications and custom blockchain functions. Avalanche aims to be a leading Ethereum alternative, competing with other popular chains such as Solana and Cardano for the title of "Ethereum Killer."

Thanks to its scalable architecture, the Avalanche network can handle up to 6,500 transactions per second and has comparatively low gas fees. A wide variety of decentralized applications (dApps) are hosted by Avalanche, which resulted in a record-breaking total value locked (TVL) of $12 billion in late 2021. At the same time, the abundance of dApps on the Avalanche blockchain increased demand for the AVAX token and had a favorable impact on the cryptocurrency's price.

Avalanche also employs an Ethereum Virtual Machine (EVM), which makes it much easier and faster for developers to port and deploy Ethereum-based smart contracts and applications to the Avalanche network. With the familiar user experience, new users can be easily and quickly onboarded to the Avalanche chain.

AVAX is Avalanche's native token, required to pay the necessary gas fees when completing transactions on the Avalanche network. In addition, AVAX token holders can vote on protocol governance issues and have a say in the future development of the blockchain.

AVAX price and tokenomics

The maximum token supply of Avalanche is 720 million. On November 21, 2021, AVAX hit an all-time high of $146. This represents a period when new and innovative DeFi platforms chose the Avalanche network to host their applications. On top of that, Avalanche was a standout performer during the 2021 bull run.

In a series of private and public funding rounds, 360 million AVAX tokens were minted and sold to early supporters, raising $55 million. They are distributed as follows: The Avalanche founders and project receive 19.3 percent, investors receive 16 percent, and pre-mined rewards and community airdrops receive 64.7 percent. AVAX tokens will be continuously distributed to holders via staking rewards over the next several decades. Furthermore, the Avalanche supply schedule outlines consistent token unlocks over several years.

About the founders

The Avalanche network was founded by Ava Labs. Emin Gün Sirer, a well-known computer scientist, leads the Ava Labs venture. Gün Sirer is a Cornell University associate professor best known for his contributions to peer-to-peer (P2P) systems and computer networking. He was also a pioneer in Bitcoin scaling solutions. Kevin Sekniqi and Maofan Yin, who have PHDs in computer science, are other senior members of the Ava Labs team.

What makes Avalanche unique

The Avalanche network has a unique framework that sets it apart from competing chains. It is made up of several blockchains, each of which serves a distinct purpose with different responsibilities.

Avalanche Exchange Chain

Avalanche's X-Chain is built using a directed acyclic graph (DAG), exclusively used to send and receive money. By isolating these transactions, the Avalanche network reduces congestion and enables faster, cheaper payments.

Avalanche Platform Chain

Avalanche's P-Chain is used for staking and validation. On the P-Chain, Avalanche users can become validators to receive staking rewards.

Avalanche Contract Chain

Avalanche's C-Chain is the execution layer that is fully smart contract-compatible and can support dApps. The C-Chain is the home of all Avalanche DeFi protocols and NFT functions.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
A$15.74B #14
Circulating supply
422.28M / 720M
All-time high
A$224.25
24h volume
A$903.21M
4.0 / 5
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