BTCC/ Crypto Prices / Avalanche (AVAX)
Avalanche

Avalanche Price AVAX

AUD
A$12.69
A$0.036664 +0.29%
1D7D1M3M1Y YTD All

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Avalanche Today's Price

The real-time price of Avalanche today is A$12.69(AVAX/AUD), with a market capitalization of A$5.44B AUD. The 24-hour trading volume is A$352.33M AUD. The price of AVAX to AUD updates in real time. Over the past 24 hours, Avalanche has changed by +0.29%, with a circulating supply of 431.77M.

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About Avalanche

What is Avalanche (AVAX)?

Avalanche (AVAX) is the native cryptocurrency of the Avalanche blockchain network, which was launched in 2020. The network uses a proof-of-stake consensus algorithm called the Snowman Consensus Protocol to validate transactions. Designed to be fast, scalable, secure and open source, Avalanche enables developers to efficiently build and deploy decentralised applications. Its focus on speed and versatility establishes it as a formidable competitor to established platforms such as Ethereum.

Pros and Cons of Avalanche

Pros Cons
  • Fast transaction processing times
  • Reward structure incentivizes participation
  • Capable of supporting many blockchain-based projects
  • Stiff competition from platforms like Ethereum
  • Avalanche validators must stake 2,000 AVAX tokens
  • Malicious or careless validators are never penalized by losing their AVAX

AVAX Tokenomics

Although developers can issue their own currencies on the Avalanche network’s bespoke blockchains, AVAX is the main token. Half of the 720 million tokens in AVAX’s maximum supply were produced using the Genesis block.

But just like the Ethereum network, Avalanche’s fees are burned, thereby reducing the number of tokens available.

Since Avalanche is a proof-of-stake platform, block rewards are obtained by validators that stake AVAX. On staked AVAX, validators can earn up to 11% APY; at the moment, the average annual return is about 9.75%.

How to buy AVAX?

The easiest way to buy AVAX is through a crypto exchange like BTCC. BTCC makes purchasing AVAX easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first AVAX purchase, register with BTCC today!

 

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Avalanche News

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Avalanche FAQ

Why is Avalanche going up?

Avalanche's price is increasing due to demand outstripping supply, driven by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.

 

Is Avalanche a promising investment based on its price history?

Avalanche(AVAX) has historically grown over time but is volatile. Investment decision relies on risk tolerance and long-term strategy.

When will Avalanche crash again?

Predicting the exact timing of a Avalanche crash is impossible, as the market is influenced by a lot of factors, such as global economics, regulation, and investor sentiment.

For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.

What was Avalanche’s all-time low (ATL)?

The Avalanche All-Time Low (ATL) price was 2.7888219, recorded on 2020-12-31 13:15. This represents the lowest price for Avalanche(AVAX) on record.

 

 

What was Avalanche’s all-time high (ATH)?

The Avalanche All-Time High (ATH) was A$206.74, which was recorded on 2021-11-21 14:15, representing the highest price Avalanche has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live AVAX price for the most up-to-date information.

How many Avalanche are there?

Avalanche(AVAX) currently records a circulating supply of 431.77M, and its maximum supply is capped at 715.75M.

 

What is the current market cap of Avalanche(AVAX)?

The current market cap of Avalanche(AVAX) is A$5.44B. The market cap of a cryptocurrency means its total circulating supply multiplied by its current price.

What is Avalanche's 24h trading volume?

Avalanche's 24h trading volume is A$352.33M, representing the total value of all Avalanche(AVAX) bought and sold across exchanges over the past 24 hours.

What is the current price of Avalanche(AVAX)?

The current Avalanche price is A$12.69. As the AVAX price fluctuates constantly, BTCC provides real-time AVAX to USD prices that can be accessed at the top of our crypto price page.

How to Buy Avalanche: A Complete Guide?

Avalanche can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a famous crypto futures exchange, BTCC offers over 360 futures contracts with flexible leverage of up to 500x, including AVAXUSDT.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.