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BTCC/ Crypto Prices / Avalanche (AVAX)
Avalanche

Avalanche Price AVAX

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C$11.96
-C$0.307204 -2.50%
1D7D1M3M1Y YTD All

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Avalanche Today's Price

The real-time price of Avalanche today is C$11.96（AVAX/CAD）, with a market capitalization of C$5.30B CAD. The 24-hour trading volume is C$339.50M CAD. The price of AVAX to CAD updates in real time. Over the past 24 hours, Avalanche has changed by -2.50%, with a circulating supply of 431.77M.

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About Avalanche

What Is Avalanche (AVAX)?

Avalanche (AVAX) is the native token of the Avalanche blockchain network, which 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 build and deploy decentralized applications efficiently. Its focus on speed and versatility sets it apart as a strong competitor to older platforms like Ethereum.

Avalanche History: From Inception to Growth

Avalanche was created by a team of developers in 2020, including Stephen Buttolph, Amani Moin, Kevin Sekniqi, and Emin Gün Sirer. Avalanche is intended to serve as a payment system and as a platform for creating decentralized applications.

The native token, AVAX, is capped at 720 million and is used for transaction fees, which are burned to reduce the supply and increase scarcity.

On Sept. 19, 2024, the total circulating supply of AVAX was 405.93 million. Its market cap was $10.67 billion, and its 24-hour trading volume was $478.71 million.

Understanding Avalanche’s Network Architecture

Avalanche calls itself a “network of networks” with three blockchains managing different functions:

  • The Platform Chain (P-Chain): The chain that coordinates validators, manages the network’s staking mechanism, and allows users to create new L1s, which are groups of validators that work to achieve consensus.
  • The Contract Chain (C-Chain): The chain that runs smart contracts.
  • The Exchange Chain (X-Chain): The chain that allows users to create new assets and facilitates asset exchanges and cross-chain transfers.

How to buy Avalanche (AVAX)?

The easiest way to buy Avalanche (AVAX) is through a crypto exchange like BTCC. BTCC makes purchasing Bitcoin 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 Avalanche (AVAX) purchase, register with BTCC today.

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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 wise investment based on its price history?

Avalanche(AVAX) has historically grown over time but is volatile. Investment decision should be made based 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 affected by a complex mix of 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, which was recorded on 2020-12-31 13:15. This stands as the lowest price for Avalanche(AVAX) on record.

 

 

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

The Avalanche All-Time High (ATH) was C$198.32, which was recorded on 2021-11-21 14:15. This represents 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, with its maximum supply capped at 715.75M.

 

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

The current market cap of Avalanche(AVAX) is C$5.30B. A cryptocurrency's market cap refers to its total circulating supply multiplied by its current price.

What is Avalanche's 24h trading volume?

Avalanche's 24h trading volume is C$339.50M, 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 C$11.96. As the AVAX price fluctuates constantly, BTCC offers real-time AVAX to USD prices that can be accessed at the top of our crypto price page.

How to Buy Avalanche: A Useful Guide?

Avalanche can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a leading crypto futures exchange, BTCC offers over 350 futures contracts with flexible leverage of up to 500x, including AVAXUSDT.

Global Prices

AVAX/EUR EUR | €7.40 AVAX/CAD CAD | C$11.96 AVAX/GBP GBP | £6.45 AVAX/HKD HKD | HK$68.93 AVAX/KRW KRW | ₩12,882.10 AVAX/JPY JPY | ¥1,371.37 AVAX/AUD AUD | A$12.47 AVAX/SGD SGD | S$11.16 AVAX/CHF CHF | CHF6.76 AVAX/INR INR | ₹797.98 AVAX/TRY TRY | ₺384.61

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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.

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