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 $5.61 billion, Avalanche is the No. 16 cryptocurrency by market size. The currency symbol for Avalanche is AVAX. There will only ever be 720 million Avalanche tokens issued. So far 325 million tokens (45.2% of the total supply) have been issued.
We found savings accounts offering up to 33.6% APY on Avalanche deposits 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.
AAvalanche is part of the Avalanche, Moonriver and Injective ecosystems.
QIs it possible to stake Avalanche to generate passive income?
AYes, staking is available for Avalanche on a number of platforms. For a full list of Avalanche staking yields see our list of Avalanche staking yields.
QHow much can I earn staking Avalanche?
AYou can earn up to 33.6% APY by staking your Avalanche tokens. Check out our Avalanche staking yields table for further details.
QWhere is the best place to stake Avalanche?
ARight now the best staking rates are on Ribbon with an income rate of up to 33.6% APY.
QIs it a good time to buy Avalanche?
AYou can check the technical indicators for Avalanche on the Avalanche Price Trend tab. These indicators are based on the analysis of multiple trading signals for Avalanche.
QWhere is the best place to buy Avalanche?
AYou can find the cheapest exchange on which to buy Avalanche on the Avalanche Buy tab.
QWhich crypto wallets support Avalanche?
AYou can check which wallets support Avalanche on the Avalanche Wallets tab.
QCan you get a Avalanche loan without collateral?
AAlmost all Avalanche loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Avalanche flash loans which allow you to borrow uncollateralised Avalanche for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Avalanche loans on the Avalanche Loans tab.
QWhich venture capital firms have invested in Avalanche?
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