Avalanche
$AVAXPrice
$6.67
24h
-2.05%
Market cap
$2.88B
Price chart
$6.67
AVAX market history ยท 1Y
About AVAX
What is Avalanche?
Avalanche is a smart-contract platform that supports the C-Chain and customizable Avalanche L1 networks. AVAX is the native asset used to secure and operate the ecosystem.
AVAX is used for transaction fees and staking. Adoption of applications and dedicated Avalanche networks can influence network demand.
Market factor 1
Avalanche network activity
Market factor 2
new application deployments
Market factor 3
staking and validator demand
Questions
Avalanche market FAQ
What is Avalanche (AVAX)?
Avalanche is a smart-contract platform that supports the C-Chain and customizable Avalanche L1 networks. AVAX is the native asset used to secure and operate the ecosystem.
What can move the AVAX price?
Avalanche can react to the wider crypto market as well as asset-specific factors such as Avalanche network activity, new application deployments, staking and validator demand. No single indicator explains every move.