Avalanche (AVAX) Price

$23.01

Avalanche (AVAX) Price Today

The live price of Avalanche is $23.01 USD. In the past 24 hours, the trading volume of Avalanche was $718.1M USD, with a change of +7.74%. The current live price of Avalanche has changed by +8.19% from its 7-day high of $21.26 USD and by +20.39% from its 7-day low of $19.11 USD. With a circulating supply of $454,769,737.20 AVAX, the market cap of Avalanche is currently $9.2B USD, marking a +17.89% change in the last 24 hours. Avalanche currently ranks 13 by market capitalization.

Avalanche (AVAX) Market Data

Market Cap

$9.6B

24h Volume

$718.1M

Circulating Supply

454.7M AVAX

Maximum Supply

715.7M AVAX

Fully Diluted Market Cap

$16.4B

Liquidity Indicator

7.46%

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About Avalanche (AVAX)

What Is Avalanche (AVAX) and How Does It Work?

Avalanche (AVAX) is a decentralized, open-source Layer-1 blockchain platform developed by Ava Labs and launched in September 2020. Designed for high scalability, security, and interoperability, it uses its native token, AVAX, to pay network fees, secure consensus, and enable on-chain governance. Avalanche’s core architecture consists of three interoperable chains—the Exchange Chain (X-Chain) for asset creation and transfers, the Contract Chain (C-Chain) for Ethereum-compatible smart contracts, and the Platform Chain (P-Chain) for validator coordination, staking, and subnet management.

Avalanche’s consensus mechanism combines a probabilistic “Avalanche” voting protocol (Snowflake and Snowball) with a linear “Snowman” protocol tailored for sequential smart-contract execution. This hybrid design delivers thousands of transactions per second and sub-second finality, while maintaining robust decentralization and security. Developers can also spin up custom, application-specific “subnets” and bridge assets to and from other chains via the Avalanche Bridge, making Avalanche a flexible and interoperable platform for dApps and enterprise blockchains.

How Does Avalanche's Consensus Mechanism Function?

Avalanche’s consensus protocol is built on the “Snow” family of metastable, probabilistic voting algorithms (Slush → Snowflake → Snowball), which together enable rapid, leaderless agreement on individual transactions. When a node sees a new transaction, it repeatedly samples a small, random subset of validators and asks for their preferred choice. If a supermajority (e.g. ≥ α out of k queried peers) returns the same response, the node updates its own preference and increments a confidence counter; this process repeats until a predefined threshold (β) is reached, at which point the transaction is accepted with extremely high probability.

Building on this, the Snowman protocol applies the same randomized sampling and confidence mechanics to order blocks sequentially on the C-Chain and P-Chain, rather than individual transactions. By tuning the sample size (k), quorum threshold (α), and confidence requirement (β), Avalanche achieves sub-second finality with only constant expected communication per validator, even at scale, and offers robust Byzantine fault tolerance without relying on a fixed leader or chain-longest-work rule.

When Was Avalanche Blockchain Launched?

Avalanche was developed by Ava Labs, a company co-founded in 2018 by computer-science professor Emin Gün Sirer (CEO) alongside his doctoral students Kevin Sekniqi (COO) and Maofan “Ted” Yin (Chief Protocol Architect). The team first described the Avalanche consensus family in a May 2018 whitepaper while at Cornell University, incubating the protocol as “Team Rocket” before formalizing Ava Labs to bring it to market.

Avalanche Roadmap Highlights

> March 2020: AVA codebase publicly released as open-source, kicking off developer testing and audits.

> September 23, 2020: Avalanche mainnet officially launched, introducing the X-Chain, C-Chain, and P-Chain architecture for assets, smart contracts, and subnet coordination.

> June 2021: Launch of “Avalanche Rush,” a $180 million DeFi incentive program to bootstrap liquidity on major dApps.

> September 2021: $230 million AVAX token sale led by Polychain Capital and Three Arrows Capital, propelling Avalanche into the top 10 by market cap.

> January 2023: Strategic partnership with Amazon Web Services to enhance enterprise adoption and scaling.

> August 2024: Integration with Passolig for blockchain-verified ticketing in Turkey’s Süper Lig.

> December 2024: Avalanche9000 upgrade announced, backed by a $250 million token sale to fund network scalability and subnet tooling.

What Are the Primary Uses for the AVAX Token?

AVAX secures the Avalanche network by staking: validators and delegators lock up AVAX to validate transactions and earn rewards, underpinning the protocol’s proof-of-stake consensus. It pays for all transaction and smart-contract fees across Avalanche’s X-Chain, C-Chain, and P-Chain, and a portion of each fee is burned to introduce a deflationary supply mechanism.

To trade AVAX on BingX, deposit a base currency like USDT or BTC into your BingX wallet, then navigate to the “Spot” tab and select the AVAX/USDT trading pair. Choose your order type, market for instant execution or limit to set your target price, enter the amount of AVAX you wish to buy or sell, and confirm to execute the trade instantly on BingX’s spot platform.

What Is Avalanche Tokenomics and AVAX Distribution Schedule?

Avalanche’s native token, AVAX, has a hard cap of 720 million tokens, with roughly 416 million (58%) currently in circulation. Half of the total supply (360 million AVAX) is earmarked for staking rewards, which power the network’s proof-of-stake security and incentivize validators and delegators.

The remaining allocation is split among the team and advisors (10%), the Avalanche Foundation (9.26%), community and development initiatives (7%), strategic partners (5%), and various public and private sale tranches—including seed round (2.5%), public sale options (≈10 %), private sale (3.46%), airdrop (2.5%), and testnet incentives (0.31%). To introduce deflationary pressure, 100% of transaction fees are burned, gradually reducing the total supply over time.

Token unlocks follow distinct vesting schedules. Foundation tokens vest linearly over ten years, with quarterly releases that taper after August 2024. Team and early investor allocations had a three-month cliff post-launch, followed by roughly 3.8 years of monthly vesting, concluding in late 2024.

Public sale participants received partial tokens at the token-generation event, with the remainder vesting over nine to sixteen months depending on their tranche. Additionally, approximately 584 800 AVAX (0.13% of the max supply) is scheduled to unlock on May 22, 2025. Ongoing staking emissions continue to unlock the 50% staking rewards pool, ensuring a steady distribution of new tokens as network participation grows.

How to Stake AVAX Tokens on Avalanche Network

Avalanche uses a proof-of-stake consensus where token holders can either run their own validator node (requiring a minimum 2,500 AVAX stake) or delegate any amount of AVAX to an existing validator. By staking, you help secure the network and earn annual rewards (typically 8–12% APY), which are paid out after each validation epoch. Delegators share in the validator’s reward proportionally to their stake, without needing to operate and maintain a node themselves.

To stake, first set up or log into your Avalanche Wallet and fund your C-Chain address with AVAX. In the wallet UI, go to the “Earn” (or “Staking”) tab and choose “Delegate Stake.” Pick a validator from the list, considering uptime and fee rate, enter the amount of AVAX you wish to delegate, and confirm the transaction in your wallet. Your tokens will be locked for the current staking period and begin earning rewards by the next epoch; you can track and claim your accumulated rewards anytime from the same “Earn” section.

What Are the X-Chain, P-Chain, and C-Chain, and How Do They Interact?

The Avalanche network is built on three specialized chains, each optimized for a different function. The X-Chain (Exchange Chain) uses the Avalanche consensus protocol to create and trade digital assets with high throughput and low fees—think of it as a native DEX for minting and swapping tokens. The P-Chain (Platform Chain) coordinates validators, manages staking, and enables the creation of custom subnets; it runs the Snowman++ consensus to track which nodes are validating which subnets and ensures network security. The C-Chain (Contract Chain) is Ethereum-compatible, running the Avalanche-flavored Snowman consensus and the Ethereum Virtual Machine (EVM), so you can deploy and interact with smart contracts and dApps just as you would on Ethereum.

These chains interoperate through a built-in cross-chain transfer mechanism: assets minted on the X-Chain can be “exported” and “imported” into the C-Chain for use in DeFi protocols or smart contracts, and vice versa, all via atomic transactions that move funds securely without trusting a third party. Meanwhile, staking transactions and validator set changes are recorded on the P-Chain, but the resulting validator approvals secure both the X-Chain and C-Chain. Wallets and tools like the Avalanche Wallet automate these exports and imports, giving users a seamless experience while each chain maintains its own optimized consensus and state.

How to Bridge Assets via the Avalanche Bridge

Go to the Avalanche Bridge (bridge.avax.network), connect your Web3 wallet, select your source chain (e.g., Ethereum) and destination chain (Avalanche C-Chain), choose the asset and amount, then approve both the token allowance and the bridge transaction in your wallet. Once the transaction finalizes, switch your wallet to the destination network and claim the bridged assets directly into your Avalanche address.

What Makes Avalanche Different From Ethereum and Other Blockchains?

Avalanche achieves sub-second finality by using a novel DAG-based consensus that runs thousands of parallel validator polls, letting it process over 4,500 transactions per second with fees usually well under $0.01. Unlike Ethereum’s single chain, Avalanche’s three-chain architecture (X-Chain for assets, C-Chain for EVM smart contracts, P-Chain for staking and subnet coordination) keeps each function optimized and unclogged.

On top of that, Avalanche lets you create customizable subnets—independent, interoperable blockchains with their own rules and tokenomics—so you can launch permissioned or public networks without sacrificing security or performance. You get full Ethereum compatibility on the C-Chain, plus faster, cheaper transactions and the flexibility to tailor your own subnet for compliance, gaming, or enterprise use.

Which Wallets and Developer Tools Support Avalanche?

Avalanche is natively supported by the official Avalanche Wallet (web and mobile), which lets you manage AVAX and any custom subnet tokens. You can also connect MetaMask or any WalletConnect-compatible wallet (such as Trust Wallet or Rainbow) by adding the Avalanche C-Chain network RPC. Hardware wallets like Ledger and Trezor work seamlessly via these integrations, giving you secure key storage while interacting with C-Chain dApps.

For developers, Avalanche offers a rich ecosystem: the AvalancheJS library for JavaScript, the AvalancheGo client for running nodes, and the Avalanche Subnet CLI for building custom blockchains. You can also use familiar Ethereum tooling—Hardhat and Truffle both have Avalanche plugins, Remix IDE can deploy to C-Chain, and the Avalanche Explorer and Avalanche Dashboard provide on-chain analytics and smart contract interaction. Together, these tools streamline building, testing, and deploying smart contracts or full subnets on Avalanche.

Information source

Official Website

Whitepaper

Avalanche (AVAX) Price Converter

AVAX to USD

1 AVAX = $ 23.00

AVAX to VND

1 AVAX = ₫ 597,438.13

AVAX to EUR

1 AVAX = € 20.43

AVAX to TWD

1 AVAX = NT$ 694.51

AVAX to IDR

1 AVAX = Rp 380,134.75

AVAX to PLN

1 AVAX = zł 86.52

AVAX to UZS

1 AVAX = so'm 298,450.41

AVAX to JPY

1 AVAX = ￥ 3,341.67

AVAX to RUB

1 AVAX = ₽ 1,927.06

AVAX to TRY

1 AVAX = ₺ 891.61

AVAX to THB

1 AVAX = ฿ 758.06

AVAX to UAH

1 AVAX = ₴ 957.41

AVAX to SAR

1 AVAX = ر.س 86.30

Avalanche Price Converter

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By accessing and using this platform, you agree to comply with our Terms of Use.

For more detailed information, please refer to our Risk Disclosure Statement.