Avalanche (AVAX) Price Hits $33.87 on Top Exchanges

Avalanche (AVAX) traded 4.7% lower against the U.S. dollar during the twenty-four hour period ending at 22:00 PM ET on April 26th. Avalanche has a total market cap of $12.81 billion and approximately $360.62 million worth of Avalanche was traded on exchanges in the last day. One Avalanche coin can now be bought for about $33.87 or 0.00053770 BTC on popular exchanges. Over the last week, Avalanche has traded down 3.7% against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last day:

• NEAR Protocol (NEAR) traded 3.7% lower against the dollar and now trades at $7.13 or 0.00011312 BTC.
• Internet Computer (ICP) traded down 6% against the dollar and now trades at $12.96 or 0.00020572 BTC.
• Hedera (HBAR) traded down 11.7% against the dollar and now trades at $0.11 or 0.00000170 BTC.
• Cronos (CRO) traded down 5.4% against the dollar and now trades at $0.12 or 0.00000192 BTC.
• Cosmos (ATOM) traded 1.4% lower against the dollar and now trades at $8.21 or 0.00013030 BTC.
• Fetch.ai (FET) traded 8.1% lower against the dollar and now trades at $2.09 or 0.00003323 BTC.
• Algorand (ALGO) traded down 0.4% against the dollar and now trades at $0.20 or 0.00000314 BTC.
• Akash Network (AKT) traded 6.8% lower against the dollar and now trades at $4.59 or 0.00007190 BTC.
• Kava (KAVA) traded down 3.4% against the dollar and now trades at $0.69 or 0.00001088 BTC.
• Theta Fuel (TFUEL) traded 12.8% lower against the dollar and now trades at $0.11 or 0.00000172 BTC.

Avalanche Profile

Avalanche uses the hashing algorithm. It launched on September 21st, 2020. Avalanche’s total supply is 436,889,082 coins and its circulating supply is 378,199,442 coins. The official message board for Avalanche is medium.com/avalancheavax. The Reddit community for Avalanche is https://reddit.com/r/avax and the currency’s Github account can be viewed here. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here. Avalanche’s official website is avax.network.

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.”

Avalanche Coin Trading

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

AVAX/USD price chart by TradingView