April 11th, 2025
Avax News
With its unique consensus model and processing speed, AVAX is attracting developers and investors to its exciting platform. Follow the latest Avalanche (AVAX) news, including information about the network, its native token, and how the platform contributes to the speed and adoption of blockchain technology. Explore breaking stories about the network’s scalability, influence, and increasing use cases.
Avalanche Price Rallies 12% after Recent Breakout, What’s Next?
Avalanche’s AVAX climbed 12% in the last 24 hours, with a 185% spike in daily trading volumes to nearly $400 million.
Avalanche Foundation Launches Crypto-Powered Visa Card for Global Payments
Avalanche Foundation debuts a crypto-powered Visa card in partnership with Rain, targeting Latin America and Caribbean markets first, allowing seamless payments with AVAX and stablecoins.
Avalanche (AVAX) Nears Major Resistance: Is $37 in Sight?
With Bitcoin and altcoins aiming for a comeback week, Avalanche nears a trendline breakout. Will the short-term recovery propel altcoin above the local supply line and hit the $30 mark?
AVAX
$20.33
Market Cap
$8.46 B
24h Volume
$318.16 M
24h Low/High
$18.9 /
$20.8
1h
0.74%
24h
5.39%
7d
13.27%
Avalanche Struggles at $27: Will On-Chain Activity Boost AVAX Price to $30?
By Vishal Dixit
February 5th, 2025
Despite the recent market crash, will Avalanche price bounce back within a falling channel for a breakout rally? Or is a downfall to the $20 mark inevitable?
Avalanche (AVAX) Poised for Massive 40% Gain, but Here’s Catch
By Anisha Pandey
January 24th, 2025
Avalanche (AVAX) is expected to print a massive 40% in profit in the near future under the condition that it breaks out of the $33-$37 region.
Avalanche (AVAX) Price Targets $50 as On-Chain Data Signals Breakout
By Vishal Dixit
January 16th, 2025
Amid improving network health, the Avalanche price trend reveals a breakout possibility. Will this breakout run reach the $50 milestone?
Avalanche Secures $250M in Private Token Sale Ahead of Major Upgrade
By Anisha Pandey
December 12th, 2024
The Avalanche Foundation raised $250 million fundraising, with funds aimed at enhancing its platform’s scalability and efficiency.
Orderly Network Expands to Avalanche to Boost Cross-Chain Liquidity
By Chimamanda U. Martha
November 12th, 2024
With the integration of Avalanche, Orderly now supports seven blockchains, enhancing its footprint in the DeFi space.
Arbitrum, Optimism, Avalanche, and Others to Unlock $2.6B in Tokens This November
By Chimamanda U. Martha
November 4th, 2024
This month’s token unlocks include both “cliff” releases, where the digital assets are unlocked all at once, and “linear” releases, where tokens are gradually unlocked over time.
Ika MPC Network Powers Up Sui Blockchain with Programmable Bitcoin, Ethereum, and Solana
By Chimamanda U. Martha
October 31st, 2024
With Ika’s integration on Sui, developers can now build secure, decentralized applications on a network that supports Bitcoin and other blockchains.
Avalanche (AVAX) Price Reacts as Visa Card for Crypto Payments Goes Live
By Godfrey Benjamin
October 22nd, 2024
Avalanche price has dropped despite the announcement of a new payments card for users
Grayscale Eyes Multi-Crypto ETF, Expands Offerings amid Growing Interest
By Anisha Pandey
October 16th, 2024
Grayscale aims to turn its multi-asset Digital Large Cap Fund into an ETF that tracks major cryptocurrencies, potentially becoming its fifth ETF launch of the year if approved by regulators.
Avalanche (AVAX) Price Jumps to Over $29 amid Token Repurchase Plans
By Godfrey Benjamin
October 14th, 2024
The Avalanche network is in the spotlight amid price rallies and proposed AVAX repurchase.
HashKey Exchange Expands Offerings in Hong Kong, Lists AVAX and LINK
By Anisha Pandey
August 28th, 2024
AVAX currently boasts a market capitalization of around $9.5 billion. Meanwhile, LINK has a market cap of around $6.7 billion at the time of writing.
Avalanche and zkSync Suffers Discord Server Hit After Polygon
By Godfrey Benjamin
August 26th, 2024
There is a generally growing occurrence of crypto scams and hacks.
Avalanche AVAX $20.33 24h volatility: 5.4% Market cap: $8.46 B Vol. 24h: $318.16 M has established its position as one of the most interesting blockchain platforms, as it solves some of the most common issues in the sector, including decentralization, scalability, and green efficiency. Its unique consensus mechanism, known as Avalanche Consensus, contributes significantly to the blockchain’s high throughput and provides quick transaction finality.
Through this consensus mechanism, the platform can handle up to 4,500 transactions per second (TPS). For comparison, major blockchains like Bitcoin BTC $85 073 24h volatility: 1.5% Market cap: $1.69 T Vol. 24h: $23.08 B and Ethereum ETH $1 647 24h volatility: 5.0% Market cap: $198.96 B Vol. 24h: $11.23 B process an average of 7 and 15 TPS, respectively.
The Avalanche ecosystem is continuously expanding and attracting developers of non-fungible tokens (NFTs) and decentralized finance (DeFi) platforms, as well as a variety of other blockchain applications. These developers are attracted to Avalanche because its architecture is flexible and supports subnetworks (subnets) within its ecosystem. A subnet is a smaller part of a larger network, used to create specific blockchain solutions while maintaining a connection with the broader network.
The continuous support of the Avalanche network for blockchain innovation makes it an essential part of the journey toward widespread adoption. So far, the blockchain has already proved itself as a preferred and powerful force, providing solutions that cut across decentralized applications (dApps), NFTs, and enterprise solutions.
Explore the Avalanche (AVAX) guide for more details about the blockchain and its native token.
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FAQ on Avax News
What is special about Avalanche?
Avalanche stands out as an innovative consensus mechanism that combines speed, scalability, and decentralization. It ensures rapid transaction finality and allows many validators to operate in parallel.
How fast is the Avalanche blockchain?
The Avalanche blockchain boasts impressive speeds of up to 4,500 transactions per second (TPS). This attractive feature increases the chance of Avalanche adoption and puts the network in direct competition with other blockchain networks and legacy systems.
Can Avalanche replace Ethereum?
Although Avalanche shares many features with Ethereum, it is not designed for outright replacement. Instead, Avalanche complements Ethereum by providing lower fees and higher speeds. In addition, Avalanche supports the Ethereum Virtual Machine (EVM).
How many Avalanche coins are there?
Avalanche has a capped supply of 720 million AVAX coins. More than half of this supply is already in circulation.