Avalanche Price Reaches $35.94 on Major Exchanges (AVAX)

Avalanche (AVAX) traded 7.6% lower against the US dollar during the 1-day period ending at 23:00 PM E.T. on April 24th. During the last seven days, Avalanche has traded up 4% against the US dollar. One Avalanche coin can now be bought for about $35.94 or 0.00056034 BTC on major exchanges. Avalanche has a total market capitalization of $13.59 billion and $482.36 million worth of Avalanche was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• NEAR Protocol (NEAR) traded down 2.7% against the dollar and now trades at $6.74 or 0.00010512 BTC.
• Internet Computer (ICP) traded 5.8% lower against the dollar and now trades at $13.72 or 0.00021391 BTC.
• Hedera (HBAR) traded down 28.9% against the dollar and now trades at $0.12 or 0.00000185 BTC.
• Cronos (CRO) traded down 4.6% against the dollar and now trades at $0.13 or 0.00000195 BTC.
• Cosmos (ATOM) traded 3.2% lower against the dollar and now trades at $8.42 or 0.00013131 BTC.
• Fetch.ai (FET) traded down 8.6% against the dollar and now trades at $2.24 or 0.00003488 BTC.
• Algorand (ALGO) traded 1.1% lower against the dollar and now trades at $0.20 or 0.00000314 BTC.
• Akash Network (AKT) traded 0.5% lower against the dollar and now trades at $5.09 or 0.00007924 BTC.
• Kava (KAVA) traded down 5.4% against the dollar and now trades at $0.72 or 0.00001124 BTC.
• Theta Fuel (TFUEL) traded up 3% against the dollar and now trades at $0.12 or 0.00000180 BTC.

Avalanche Coin Profile

Avalanche (AVAX) uses the hashing algorithm. Its genesis date was September 21st, 2020. Avalanche’s total supply is 436,715,940 coins and its circulating supply is 378,026,300 coins. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here. The official website for Avalanche is avax.network. The Reddit community for Avalanche is https://reddit.com/r/avax and the currency’s Github account can be viewed here. Avalanche’s official message board is medium.com/avalancheavax.

According to CryptoCompare, “Avalanche (AVAX) is an open-source smart contracts platform launched in September 2020, known for its high scalability and rapid transaction finalization (sub-one second). Developed under the leadership of Dr. Emin Gün Sirer, it’s a robust platform for decentralized finance (DeFi) and enterprise blockchain solutions. The network can handle over 4,500 transactions per second and offers enhanced security against 51% attacks. Compatible with Ethereum’s development toolkit, Avalanche allows for easy interoperability and supports millions of independent validators as full block producers. It is also eco-friendly, catering to Web3 developers. The AVAX token serves multiple roles within the network, including transaction fees and network security. With the ability to host decentralized applications (dApps) and custom blockchains, Avalanche offers a versatile, high-performance ecosystem for developers, investors, and enterprises alike.”

Buying and Selling Avalanche

It is usually not currently possible to purchase alternative cryptocurrencies such as Avalanche directly using US dollars. Investors seeking to acquire Avalanche should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Avalanche using one of the exchanges listed above.

AVAX/USD price chart by TradingView