$AVAX
— native token of the Avalanche blockchain platform, which is focused on creating scalable and fast decentralized applications. Thanks to the unique consensus mechanism of Avalanche, the network ensures high transaction processing speed (up to 4500 TPS) with low fees and minimal latency.
AVAX serves several roles in the network:
used for paying transaction fees,
serves as a means for staking (allows earning rewards),
acts as a base asset in Avalanche DeFi protocols.
Investment attractiveness:
Avalanche is rapidly developing its ecosystem, actively integrating with leading DeFi projects, launching its own subnets, and attracting partnerships from the real sector. Combined with deflationary tokenomics (a portion of AVAX is burned), this creates a long-term foundation for the growth of the token's market capitalization.