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Avalanche (Wormhole) price

Avalanche (Wormhole) Price (AVAX)

$16.73

7.06%
Rank #11171

Avalanche (Wormhole) Price Chart (AVAX/USD)

Last updated 22 Jun 2022, 09:12AM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Binance AVAX / USDT $12.68 0.08% $13,574,270
2 CITEX AVAX / USDT $12.71 0.08% $13,343,600
3 Huobi Global AVAX / USDT $12.69 0.09% $7,457,342
4 BitMake AVAX / USDT $12.68 0.39% $6,866,937
5 WhiteBIT AVAX / USDT $12.70 0.02% $4,138,512
6 Coinbase Exchange AVAX / USD $12.70 0.08% $3,488,361
7 Binance AVAX / BUSD $12.69 0.08% $3,296,684
8 P2PB2B AVAX / USDT $12.68 0.08% $2,927,997
9 Bybit (Spot) AVAX / USDT $12.69 0.03% $2,757,574
10 XT.COM AVAX / USDT $12.69 0.08% $2,709,848
11 BitMart AVAX / USDT $12.69 0.02% $2,674,106
12 Tidex AVAX / USDT $12.69 0.09% $1,941,439
13 Toobit AVAX / USDT $13.23 0.08% $1,940,544
14 CoinTiger AVAX / USDT $16.13 0.05% $1,938,148
15 LBank AVAX / USDT $12.69 0.08% $1,740,037
16 KuCoin AVAX / USDT $12.70 0.02% $1,686,130
17 Binance AVAX / EUR $16.26 0.18% $1,657,696
18 OKX AVAX / USDT $12.71 0.08% $1,507,290
19 Bitforex AVAX / USDC $19.08 0.37% $1,426,349
20 Coinstore AVAX / USDT $12.70 0.24% $1,374,617
21 CoinW AVAX / USDT $12.70 0.08% $1,267,401
22 Upbit AVAX / KRW $12.84 0.06% $1,211,517
23 Binance AVAX / TRY $13.43 0.03% $1,143,687
24 Bitget AVAX / USDT $12.70 0.02% $1,112,811
25 Pionex AVAX / USDT $13.24 0.13% $982,891
26 Bitrue AVAX / USDT $12.69 0.71% $897,105
27 BTSE AVAX / USD $12.70 0.22% $866,335
28 Binance AVAX / BTC $13.37 0.04% $843,277
29 Coinsbit AVAX / USDT $12.69 0.45% $814,780
30 Digifinex AVAX / USDT $12.69 0.08% $783,741
31 Poloniex AVAX / USDT $12.71 0.13% $675,524
32 BingX AVAX / USDT $12.68 0.31% $670,993
33 P2PB2B AVAX / BUSD $12.70 0.47% $665,480
34 BigONE AVAX / USDT $12.68 0.95% $610,165
35 Pointpay AVAX / USDT $12.68 0.24% $560,455
36 BtcTurk PRO AVAX / TRY $12.80 0.02% $520,643
37 Bitrue AVAX / BUSD $12.74 0.47% $505,464
38 Bitexen AVAX / TRY $12.80 0.23% $470,836
39 Bitrue AVAX / USDC $13.23 0.45% $470,602
40 FTX AVAX / TRY $17.19 0.19% $414,908
41 LocalTrade AVAX / USDT $20.80 0.09% $384,731
42 Kraken AVAX / USD $12.69 0.08% $375,198
43 Bitget AVAX / USDC $12.71 0.18% $369,924
44 Gate.io AVAX / USDT $12.70 0.02% $366,525
45 Kraken AVAX / EUR $12.68 0.09% $345,248
46 Tidex AVAX / BUSD $12.70 0.09% $329,556
47 DIFX AVAX / USDT $12.69 0.08% $294,478
48 Hotbit AVAX / USDT $14.24 0.52% $280,184
49 Phemex AVAX / USDT $12.70 0.11% $268,538
50 AscendEX (BitMax) AVAX / USDT $12.75 0.39% $268,287

AVAX Price Statistics

$16
24H Range
$18
  • Avalanche (Wormhole) Price Now $17
  • 24h Low / 24h High $16 / $18
  • Trading Volume $777,458
  • Market Cap Rank #0
  • Market Cap $0
  • Volume / Market Cap 0.0000
  • All-Time High $113 -85.25%
    Apr 02, 2022
  • All-Time Low $14 15.53%
    Jun 18, 2022
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Avalanche Cryptocurrency: A Revolutionary Digital Payment System

Introduction

The rapid advancements in technology have paved the way for numerous innovations, and one such innovation is cryptocurrencies. Among the many cryptocurrencies available today, Avalanche stands out as a revolutionary digital payment system. With its unique features and groundbreaking technology, Avalanche has gained significant attention within the crypto community. Let's delve into the fascinating world of Avalanche and understand what sets it apart.

What is Avalanche?

Avalanche is an open-source platform designed to provide a robust and scalable infrastructure for decentralized applications (dApps) and enterprise blockchain implementations. It operates as a decentralized network that enables users to create, trade, and build various financial applications with ease.

The Consensus Protocol

One of the key highlights of Avalanche is its groundbreaking consensus protocol known as Avalanche consensus. Unlike traditional consensus algorithms like Proof-of-Work (PoW) and Proof-of-Stake (PoS), Avalanche utilizes a unique approach called Avalanche consensus protocol. It enables the network to achieve near-instant finality and security without compromising decentralization.

Key Features of Avalanche

1. Sub-second Confirmations

Avalanche's consensus protocol allows for sub-second transaction confirmations. This means that transactions can be validated and added to the blockchain within seconds, providing users with quick and efficient transfers.

2. Scalability

Scalability is vital for any blockchain platform's success, and Avalanche prides itself on its high throughput capabilities. Its architecture ensures that the network can handle thousands of transactions per second, making it ideal for both small-scale applications and large-scale enterprise use.

3. Customizable Blockchains

Avalanche allows for the creation of custom blockchains called subnets, which can be tailored to specific needs. These subnets can have their consensus mechanisms, virtual machines, and governance rules. This flexibility makes Avalanche a versatile platform that can support a wide range of applications and use cases.

4. Interoperability

Ensuring interoperability is crucial in today's blockchain ecosystem. Avalanche's platform supports the creation of assets that can be transferred seamlessly between its subnets and external blockchains. This fosters a cohesive environment where various protocols and projects can interact efficiently.

5. Security

Avalanche places paramount importance on security. By utilizing a combination of cryptoeconomic mechanisms and a large network of validators, Avalanche ensures the integrity and immutability of its blockchain.

The AVAX Token

AVAX is the native cryptocurrency of the Avalanche network. It serves as a means of exchange, facilitates staking, and plays a crucial role in securing the network through fees and governance participation. The AVAX token is an essential component in Avalanche's ecosystem, driving its growth and functionality.

Conclusion

Avalanche cryptocurrency has revolutionized the digital payment system with its innovative features and unique consensus protocol. Its near-instant transactions, scalability, customizable blockchains, interoperability, and robust security mechanisms set it apart from traditional cryptocurrencies. With the AVAX token at its core, Avalanche paves the way for the future of decentralized finance and enterprise blockchain applications.