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View ChartThe 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.
Buy AvalancheAvalanche (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.
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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%.
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!
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.
Avalanche(AVAX) has historically grown over time but is volatile. Investment decision relies on risk tolerance and long-term strategy.
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.
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.
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.
Avalanche(AVAX) currently records a circulating supply of 431.77M, and its maximum supply is capped at 715.75M.
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.
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.
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.
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.