Avalanche

Avalanche
AVAX
$9.50
$0.1578(+1.66%)Today
Market cap
4.10B
Total volume (24h)
263.72M
Volume / Market cap
0.0643
Circulating supply
431.77M
Day range (24h)
$9.27$9.54
All-time low
$2.80
All-time high
$144.96

About Avalanche (AVAX)

Avalanche is a decentralized, Ethereum Virtual Machine (EVM) compatible blockchain network launched in September 2020 by Emin Gün Sirer, founder of Ava Labs. The network is powered by a Proof of Stake (Pos) consensus mechanism, and features three integrated blockchains, Exchange Chain (X-Chain), Platform Chain (P-Chain), and Contract Chain (C-Chain):
- X Chain is used for creating and transferring digital assets
- P Chain is used for staking, validator management, and L1 creation 
- C Chain is used for supporting Ethereum decentralized apps (dapps), and Ethereum services 
The native cryptocurrency of Avalanche is called AVAX. The AVAX token is ERC-20, meaning it is compatible with the Ethereum network. It is a utility token that is largely used for transaction fees on the network, staking, and governance on Avalanche, as well as within dapps.
Token type: Utility/DeFi

Price history

Today (April 16, 2026)$9.50+1.66%
24 hours ago (April 15, 2026)$9.34+1.66%
1 week ago (April 9, 2026)$9.03+5.16%
1 month ago (March 17, 2026)$10.33-8.05%
1 year ago (April 16, 2025)$18.94-49.84%

Calculator

AVAX market moves

AI summary for information only. Not financial advice.


24h change: -2.71%. From $9.58 to $9.32.

  • Avalanche daily transactions reached 3.5 million, the highest so far this year. This surge indicates strong growth in network usage and on-chain activity. It highlights the platform's capacity to handle increased demand from users and applications.
  • SkyMapper introduced a blockchain network on Avalanche to securely record and verify telescope data in real time. This application extends Avalanche's use into scientific research and data integrity. It showcases the flexibility of Avalanche subnets for specialized needs.
  • South Korean payments provider NHN KCP partnered with Ava Labs to develop a dedicated Layer 1 network for payments on Avalanche. The collaboration aims to create tailored solutions for the South Korean market. This move strengthens Avalanche's footprint in institutional payments.

24h change: +6.60%. From $9.02 to $9.62.

  • Avalanche network recorded a peak of 3.5 million daily transactions, the highest in 2026 so far. This surge points to increased user engagement and ecosystem usage. Higher activity levels contribute to network sustainability through greater fee generation.
  • AVAX rose 4% as part of broader index gains reported on April 1. This performance outperformed many peers in the CoinDesk 20. It reflects positive short-term momentum amid ongoing ecosystem developments.
  • AVAX ETFs in the US have not recorded net inflows since mid-March despite ecosystem growth. The funds hold about 0.43% of AVAX market cap. This comes after launches earlier in the year by VanEck and Grayscale.

24h change: +0.57%. From $9.09 to $9.14.

  • Avalanche achieved 3.5 million daily transactions, highest in the past year, and 642,000 active addresses in 24 hours. TVL remains at $715 million with $107 million DEX volume. This indicates growing DeFi and ecosystem usage.
  • Fintech firm Broadridge launched on-chain proxy voting using Avalanche, with Galaxy as first user. This brings shareholder governance to blockchain. It demonstrates real-world enterprise use of the network.
  • Animoca Brands invested in AVAX tokens to expand Avalanche presence in Asia and Middle East. This bolsters gaming and Web3 ecosystem growth. AVAX traded around $9.55 at the time.

24h change: -2.79%. From $9.35 to $9.09.

  • Avalanche network transactions surged to 3.5 million, a yearly peak, with active addresses over 500,000. TVL remains at $732 million amid rising DEX volume. This signals growing usage in DeFi and apps
  • Animoca Brands purchased AVAX tokens and partnered with Ava Labs to expand the ecosystem in Asia and Middle East. This follows treasury initiatives and ETFs. It highlights institutional interest
  • Avalanche Foundation launched Retro9000 C-Chain Round 2 with multipliers for builders. Earlier rounds rewarded L1s and tooling. These programs drive subnet and app development

24h change: +2.69%. From $9.06 to $9.30.

  • Avalanche has reached sub-second block times, enabling faster transaction confirmations and snappier dApps. This technical milestone positions it as the fastest major Layer-1 blockchain. Combined with low fees, it improves scalability for developers and users.
  • Institutional momentum accelerates with tokenized assets reaching $2.1 billion on Avalanche. Staking revenue has soared alongside ecosystem growth in stablecoins and real-world assets. This highlights increasing adoption by institutions and traditional finance.
  • Animoca Brands made a strategic investment in AVAX tokens and partnered with Ava Labs. The collaboration focuses on expanding Avalanche in Asia and the Middle East through gaming and Web3 projects. It signals confidence in the platform's growth potential.

Start swapping

Get AVAX in seconds

Buy, sell, trade, and swap AVAX on MetaMask, crypto's most trusted wallet.

Top movers of the week: trending up

Cryptocurrencies with the largest price gains in the last 7 days.

Ready to try MetaMask?

Ready to try MetaMask?