About Avalanche
Avalanche is a smart-contract platform that supports custom subnets and fast finality. AVAX is used for fees, staking and securing the network.
What moves the Avalanche price
- Subnet and DeFi adoption.
- Institutional and tokenisation projects.
- Token unlock schedules.
- Overall crypto risk appetite.
Many chains, one network
Avalanche lets projects launch their own blockchains, now called Avalanche L1s (formerly subnets), with custom rules, while the EVM-compatible C-Chain hosts general decentralised-finance and token activity. This design has attracted gaming studios, enterprises and tokenisation projects that want their own chain without building security from scratch.
What moves AVAX
Drivers include activity on the C-Chain and L1s, institutional tokenisation pilots, staking demand, token unlock schedules and the burn of transaction fees. As with other smart-contract platforms, AVAX competes for developers and liquidity with Ethereum, its layer-2 networks and Solana, and tends to amplify broad crypto market moves.
Key facts
| Mainnet launch | September 2020 |
|---|---|
| Consensus | Avalanche Proof of Stake protocol with sub-second finality |
| Maximum supply | 720 million AVAX |
| Architecture | Primary Network (X, P and C-Chains) plus custom Avalanche L1 chains |
| Fees | Transaction fees are burned |
Crypto trades 24/7 on many exchanges, so prices vary slightly between venues.
Avalanche FAQ
What moves the price of Avalanche?
Subnet and DeFi adoption. Institutional and tokenisation projects. Token unlock schedules. Overall crypto risk appetite.
Does Avalanche trade 24/7?
Yes. Avalanche trades around the clock on many exchanges worldwide, so prices differ slightly between venues and liquidity is usually thinner at weekends.
Where does the Avalanche data on this page come from?
The chart and technical gauge use the BINANCE:AVAXUSDT pair via TradingView; market cap, supply and 24-hour data come from CoinGecko and refresh about every 15 minutes.
What is the maximum supply of AVAX?
720 million AVAX, with fees burned so that circulating supply can grow more slowly than issuance.
What is an Avalanche L1?
A custom blockchain built with Avalanche technology, with its own validators and rules, previously known as a subnet.