Does Avalanche have a market cap?

For example, the AVAX market cap was around $100 million in October 2020, but surpassed$10 billion as of September 2021. Avalanche has a cap on its supply, as the AVAX max supply is set at 720 million tokens. Avalanche has a detailed supply schedule for the Avalanche token (AVAX) that is expected to be distributed by 2030.

What is Avalanche token?

The Avalanche (AVAX) token is the native token of the Avalanche platform and is used to secure the network through staking, pay for fees and provide a basic unit of account between the multiple subnetworks created on the Avalanche platform. Who Is the Team Behind Avalanche?

What is the Avalanche wallet?

The Avalanche wallet offers secure, non-custodial storage for Avalanche assets. The Avalanche network is where you can check details relevant to the network — such as its transaction volume, network activity, the list of top assets, and the recent transaction updates for the P-chain, X-chain and the C-chain.

What is Avalanche blockchain?

The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.