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Avax is the native coin of the Avalanche blockchain. Avalanche Blockchain is founded in 2020 and its blockchain has passed a TVL of more than 8 Billion USD. Avalanche is a smart contract capable blockchain and decentralized apps can be created on it. Avalanche blockchain has one of the fastest-growing ecosystems with Dapps and NFTs built on it. Avalanche shines out with its scalability, speed, and cost-efficiency.
With a total market cap of over $3.19 billion, Avalanche is the No. 22 cryptocurrency by market size. The currency symbol for Avalanche is AVAX. There will only ever be 720 million Avalanche tokens issued. So far 354 million tokens (49.2% of the total supply) have been issued.
We found crypto protocols offering up to 17.8% APY on Avalanche deposits (12% APY CeFi, 17.8% APY DeFi) and loans as low as 6.9% APR against Avalanche used as collateral. Check out our Avalanche staking yields table and Avalanche loan rates table for further details.
The technical price analysis for Avalanche below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Avalanche.
Currently 67% of users are positive about Avalanche.
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