$ETH
AVAXUSDT
23.01
+8.16%
🚀 Avalanche (AVAX) Token: A Quick Guide
🔍 What is AVAX?
AVAX is the native token of the Avalanche blockchain platform, designed for fast, low-cost, and eco-friendly smart contracts and decentralized applications (dApps).
Blockchain Type: Layer-1
Consensus Mechanism: Avalanche consensus + Snowman (PoS-based)
Max Supply: 720 million AVAX
Use Cases: Gas fees, staking, governance, and DeFi activities
💡 Key Features of Avalanche
Feature Description
⚡ High Throughput 4,500+ TPS (transactions per second)
🕒 Low Latency <2 seconds finality
🌱 Eco-Friendly PoS = lower energy usage
🔀 Subnets Custom blockchains for projects
💸 Low Fees Much cheaper than Ethereum
📊 AVAX Market Overview (as of May 2025)
Note: Real-time data may differ.
Price: ~$38.50
Market Cap: ~$14.2B
Circulating Supply: ~370 million AVAX
Rank: Top 20 by market cap
Graph: 1-Year Price Trend
🔄 Token Utility
🔹 Transaction Fees
AVAX is used to pay for fees on the Avalanche network, similar to how ETH works on Ethereum.
🔹 Staking
Validators must stake AVAX to participate in securing the network and earn rewards.
🔹 Governance
AVAX holders can vote on protocol upgrades and changes.
🏗️ Ecosystem Highlights
Avalanche has a growing ecosystem in:
DeFi: Trader Joe, Benqi, Aave (on Avalanche)
NFTs: Kalao, Joepegs
Gaming: Shrapnel, Crabada
Bridges: Avalanche Bridge (to Ethereum, Bitcoin)
Metric Avalanche (AVAX) Ethereum (ETH)
TPS ~4,500 ~30
Finality Time <2s ~1 minute
Consensus Avalanche PoS Ethereum PoS
Fees Low Medium-High
