The fact that it is also compatible with Solidity (Ethereum’s programming language) makes it even more appealing to developers and enterprise users, many of whom are accustomed to the tools offered by the Ethereum ecosystem.īefore going further, here’s a quick summary of Avalanche’s key features: It prides itself as a fast, low-cost, and eco-friendly smart contract platform. The platform, which can serve as an alternative to Ethereum, has gained the confidence of many blockchain developers. In terms of market cap, Avalanche is currently ranked #4 in the Proof-of-Stake Coins sector, ranked #1 in the Avalanche Network sector and ranked #7 in the Layer 1 sector.Īvalanche is one of the fastest growing blockchain networks for smart contracts and decentralized applications. The current yearly supply inflation rate is 21.92% meaning 65.91M AVAX were created in the last year. The Avalanche price prediction sentiment is currently neutral, while Fear & Greed Index is showing 71 (Greed).Īvalanche's current circulating supply is 366.60M AVAX out of max supply of 720.00M AVAX. The highest AVAX price since the last cycle low was $ 49.72 (cycle high). The lowest price since it's ATH was $ 8.69 (cycle low). The AVAX price decreased -1.42% in the last 24 hours.Īvalanche reached its highest price on when it was trading at its all-time high of $ 146.18, while Avalanche's lowest price was recorded on when it was trading at its all-time low of $ 2.79. Avalanche price today is $ 34.22 with a 24-hour trading volume of $ 1.61B, market cap of $ 12.54B, and market dominance of 0.75%.
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