Avalanche (CRYPTO: AVAX)
Avalanche Return vs. S&P
1 Year | 5 Year | 5 Year Annualized | Since IPO |
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Avalanche Company Info
Avalanche (AVAX) is an open-source smart contracts platform launched in September 2020, known for its high scalability and rapid transaction finalization (sub-one second). Developed under the leadership of Dr. Emin Gün Sirer, it's a robust platform for decentralized finance (DeFi) and enterprise blockchain solutions. The network can handle over 4,500 transactions per second and offers enhanced security against 51% attacks. Compatible with Ethereum's development toolkit, Avalanche allows for easy interoperability and supports millions of independent validators as full block producers. It is also eco-friendly, catering to Web3 developers. The AVAX token serves multiple roles within the network, including transaction fees and network security. With the ability to host decentralized applications (dApps) and custom blockchains, Avalanche offers a versatile, high-performance ecosystem for developers, investors, and enterprises alike.
News & Analysis
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Why Altcoins Were Crushing It on Monday
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Avalanche Rumbles Higher, as Token Unlock Headwind Passes
A key token unlock that took place yesterday led to strong selling pressure, which has since abated.
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Should You Buy Avalanche (AVAX) While It's Below $50?
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Why Avalanche, Cardano and Shiba Inu Absolutely Skyrocketed This Past Week
This week's momentum has been impressive, but can these tokens continue higher?
3 Cryptocurrencies Under $25 That Are Up More Than 100% This Year
Bitcoin isn't the only crypto posting stellar gains this year. Check out these low-priced alternatives.
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