Avalanche (AVAX) Price Hits $34.94

Avalanche (AVAX) traded 2.7% lower against the U.S. dollar during the one day period ending at 16:00 PM Eastern on April 26th. Avalanche has a total market capitalization of $13.21 billion and approximately $333.55 million worth of Avalanche was traded on exchanges in the last 24 hours. In the last week, Avalanche has traded down 1% against the U.S. dollar. One Avalanche coin can currently be bought for approximately $34.94 or 0.00054702 BTC on major exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• NEAR Protocol (NEAR) traded 0.9% higher against the dollar and now trades at $7.00 or 0.00010957 BTC.
• Internet Computer (ICP) traded 3.9% lower against the dollar and now trades at $13.29 or 0.00020808 BTC.
• Hedera (HBAR) traded 5.3% lower against the dollar and now trades at $0.11 or 0.00000175 BTC.
• Cronos (CRO) traded 1.2% lower against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cosmos (ATOM) traded down 1% against the dollar and now trades at $8.33 or 0.00013037 BTC.
• Fetch.ai (FET) traded 5.5% lower against the dollar and now trades at $2.20 or 0.00003442 BTC.
• Algorand (ALGO) traded 1.4% lower against the dollar and now trades at $0.20 or 0.00000313 BTC.
• Akash Network (AKT) traded down 4.7% against the dollar and now trades at $4.63 or 0.00007237 BTC.
• Kava (KAVA) traded down 2.8% against the dollar and now trades at $0.71 or 0.00001115 BTC.
• Theta Fuel (TFUEL) traded 0.9% lower against the dollar and now trades at $0.12 or 0.00000184 BTC.

About Avalanche

Avalanche (AVAX) uses the hashing algorithm. It was first traded on September 21st, 2020. Avalanche’s total supply is 436,887,465 coins and its circulating supply is 378,197,825 coins. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here. Avalanche’s official website 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.”

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Avalanche using one of the exchanges listed above.

AVAX/USD price chart by TradingView