Avalanche(AVAX) Price

$22.55 +5.16%

Price of Avalanche(AVAX) Today

The live price of Avalanche (AVAX) is $22.55.The current market capitalization stands at $9.51B, with a 24-hour trading volume of $881.97M.Avalanche has experienced +5.16% in the last 24 hours and has a circulating supply of approximately 422.28M.These figures are updated in real-time to provide the most accurate market data.

Avalanche(AVAX) Profile

Price Range (24h)

24h Low: $21.21 24h High: $22.76

• ATH: $144.96
• Price Change (1h): -0.78%
• Price Change (24h): +5.16%
• Price Change (7d): +20.91%
• Market Cap: $9.51B
• 24h Vol: $881.97M
• Circulating Supply: 422.28M
• Total Supply: 457.28M

About

What Is Avalanche?

Avalanche (AVAX) is a high-performance, scalable, and customizable blockchain platform designed to support decentralized applications (dApps), custom blockchain deployments, and digital asset issuance. Launched in September 2020 by Ava Labs, Avalanche is built for speed, flexibility, and eco-efficiency, making it one of the fastest smart contract platforms in terms of finality time, with transactions settling in less than one second.

Avalanche is often positioned as a serious competitor to Ethereum, offering low fees, high throughput, and strong support for DeFi, NFTs, enterprise solutions, and subnet-based applications. AVAX can be bought on specialized exchanges and AVAX can also be traded for using other cryptocurrencies.

Who Created Avalanche?

Avalanche was created by Dr. Emin Gün Sirer, a computer scientist and long-time blockchain researcher at Cornell University. His team at Ava Labs launched the platform after raising millions in funding from top-tier investors and completing one of the most successful token sales of 2020. Dr. Sirer is well-known for his early work on peer-to-peer networks and for advocating scalable consensus mechanisms long before they were widely adopted.

How Avalanche Works

Avalanche operates using a unique architecture that separates its core functions across three interoperable blockchains: the X-Chain, C-Chain, and P-Chain. The X-Chain, or Exchange Chain, is primarily responsible for creating and exchanging digital assets, including the native AVAX token. The C-Chain, or Contract Chain, is fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to easily migrate or deploy decentralized applications (dApps) using existing Ethereum tools and frameworks. Meanwhile, the P-Chain, or Platform Chain, manages network validators, staking activities, and the creation of customized blockchains called subnets.

What AVAX is Used For

AVAX is the native token of the Avalanche network and serves multiple purposes across the ecosystem. It is used to pay transaction fees, secure the network through staking, and govern protocol-level decisions. AVAX holders can delegate or run validator nodes to earn rewards, participate in governance proposals, and pay for smart contract execution on the C-Chain.

As the ecosystem expands, AVAX also functions as the base asset across DeFi protocols, bridges, NFTs, and subnets within the Avalanche ecosystem.

Key Features of Avalanche

Avalanche is designed to solve blockchain’s trilemma of scalability, security, and decentralization by combining innovative architecture with developer-friendly tools. Notable features include:

Avalanche is capable of processing 4,500+ transactions per second (TPS) and finalizing them in under a second, significantly outperforming Ethereum and many of its competitors. The network’s subnet feature allows institutions and developers to launch their own customizable blockchains with bespoke rules, validators, and compliance requirements, thereby enabling everything from gaming to enterprise-grade applications.

AVAX Tokenomics

AVAX has a capped total supply of 720 million tokens, with a dynamic fee-burning mechanism that helps reduce the circulating supply over time. Validators earn rewards by staking at least 2,000 AVAX, while delegators can stake through existing nodes with smaller minimums.

Fees on Avalanche are burned rather than recycled into the protocol treasury, making the AVAX token deflationary by design, especially during periods of high network activity.

Avalanche(AVAX) Price Movements ($)

Period	Amount Change	Change (%)
Today	+$1.11	+5.16%
7 Days	+$3.90	+20.91%
30 Days	+$2.81	+14.23%

Avalanche(AVAX) Conversion Rate

1 AVAX to USD
$22.55

FAQ

What makes Avalanche different from Ethereum?

Avalanche and Ethereum are both smart contract platforms, but Avalanche offers faster transaction finality (under 1 second), higher throughput (4,500+ TPS), and lower gas fees. Avalanche also supports subnets, allowing developers to launch custom blockchains, which is not natively possible on Ethereum.

What are subnets in Avalanche?

Subnets are custom, interoperable blockchains built on Avalanche. They allow developers and enterprises to define their own rules, validators, and tokenomics. Subnets are ideal for use cases like gaming, enterprise applications, or regulatory-compliant blockchains, and they run in parallel without congesting the main network.

Is Avalanche environmentally friendly?

Compared to Proof-of-Work blockchains like Bitcoin, Avalanche is considered energy-efficient. Its consensus mechanism does not rely on mining but instead uses lightweight network polling among validators, which drastically reduces energy consumption. This makes Avalanche a green blockchain solution suitable for sustainability-conscious developers and enterprises.

Can I stake AVAX?

Yes, you can stake AVAX either by becoming a validator (which requires at least 2,000 AVAX) or by delegating your tokens to an existing validator with a lower minimum. In both cases, stakers earn rewards for helping secure the network.

Where can I buy and store AVAX?

You can buy AVAX directly on Phemex, and we’ll securely hold it on your behalf as a custodial exchange. You can also use other cryptocurrency like USDT to trade AVAX on the Phemex spot market. After acquiring AVAX, it will be held in your Phemex spot wallet which boasts meticulous security mechanisms.