|
Avalanche AVAX |
|
|
$13.16 |
-1.95% (24h) |
|
|
Marketcap |
||
|
$5,653,464,271 |
||
|
Volume 24h |
||
|
$174,862,857 |
Description
Avalanche (AVAX) is a high-performance, scalable blockchain platform designed for decentralized applications (dApps) and custom blockchain networks.
Launched in 2020, Avalanche uses a novel consensus mechanism called Avalanche Consensus, which allows for high throughput, low latency, and near-instant finality.
AVAX, the platform's native token, is used for transaction fees, staking, and governance.
Avalanche aims to create a highly interoperable ecosystem where multiple blockchains can exist and communicate, making it a popular choice for developers and enterprises.