Avalanche

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

The Avalanche protocol was released by an anonymous group called Team Rocket in May of 2018. It was then developed by a group of Cornell researchers led by Emin Gun Sirer, who is now the founder and CEO of Ava Labs. 

The Avalanche Mainnet was launched in September 2020, when it also issued its native $AVAX token. 

Avalanche is an open, programmable smart contracts platform built to enable the launch of decentralized applications that are scalable and secure. 

Avalanche is designed with an emphasis on interoperability, meaning its infrastructure could be utilized by a multitude of blockchains that use $AVAX as the underlying token. 

$AVAX has a capped supply of 720 million tokens. The rate at which the maximum cap is reached is subject to governance of token holders. 360 million tokens were supplied at the genesis block, while the remaining 360 million are minted over time. 

Avalanche has gained traction with decentralized finance applications due to its high speeds and low costs. Total value locked (TVL) on the Avalanche ecosystem exceeds $13 billion as of Nov. 2021. It crossed $1 billion for the first time in late August 2021.


Avalanche's top DeFi protocols by TVL are Aave and Trader Joe. TVL represents the amount of assets being staked on a certain protocol.

Bloomberg analysts recently estimated Litecoin ETFs have the highest chance of approval, followed by Dogecoin and Solana products.

Franklin Templeton joins XRP race and VanEck eyes AVAX fund amid altcoin ETF craze

With its interoperable blockchains, Avalanche was once viewed as an “Ethereum Killer.”

Altcoin ETF Avalanche? VanEck Registers for AVAX Fund in Delaware

The New York-headquartered company registered the "VanEck Avalanche ETF" on March 10

VanEck Registers Avalanche ETF in Delaware as Altcoin Fund Registry Heats Up

Ava Labs' bid to bring the automated market maker Balancer onto Avalanche appears set to go through, according to a vote snapshot on Monday.

Balancer V3 expands to Avalanche following governance vote

Bitcoin

Dogecoin

Bitcoin's valuation persists in its downward trajectory, briefly grazing an intraday low of $82,201 per coin amid a 4.4% depreciation against the U.S. dollar within 24 hours. Among the top ten cryptocurrencies by market capitalization, dogecoin (DOGE) distinguished itself as the most pronounced decliner, surrendering 12.8% of its worth.

Bitcoin's Slide Sparks Altcoin Avalanche: PI, Dogecoin, XRP Post Brutal Losses

Avalanche (AVAX) has fallen below the expected $20.76 level twice before rebounding.

Avalanche Starts To Drift Sideways Above $20

Blockchain scaling solutions have undergone continuous evolution in recent years. For some time, the prevailing view was that the two most viable paths to mass adoption were modular and monolithic architectures. In a modular approach, scaling would rely on rollups and data availability layers built around a single settlement layer.

Avalanche: A New Framework for L1 Development

The price of Avalanche (AVAX) has fallen to the bottom of the chart. Price analysis by Coinidol.com.

Avalanche Price Crashes And Approaches $15 Low

Polkadot (DOT) was also a top performer, gaining 8.1% from Wednesday.

CoinDesk 20 Performance Update: Avalanche (AVAX) Surges 8.2% as All Assets Rise

The Avalanche Foundation and digital payment firm Rain launched the Avalanche Card on Feb. 26, 2025, enabling users in Southeast Asia, Africa, and Latin America to spend cryptocurrencies through Visa's global network.

New Avalanche Card Simplifies Cryptocurrency Transactions Across Three Continents

Users can spend their Avalanche tokens (AVAX), wrapped AVAX as well as the USDT and USDC stablecoins at any store in person or online that takes Visa.

Avalanche Visa Card Goes Live Aiming to Further the Mass Adoption of Crypto

Pepe

A closely followed crypto strategist thinks that payments altcoin XRP is gearing up for a burst to the upside as it prints a bullish continuation pattern.

Analyst Says XRP Setting the Stage for a Breakout, Updates Outlook on Avalanche, Dogecoin and PEPE

Nearly 4,000 wallets added WAVAX holdings, 1.8 times the recent average, according to onchain data.

Wrapped AVAX Sees Increased Wallet Accumulation Amid Bybit Card Cashback Adoption

The price of Avalanche (AVAX) had dropped to the bottom of the chart but has recovered.

Avalanche Reaches The Bottom Of The Chart And Rises Above $22

Cryptocurrency analysts of Coinidol.com report, the price of Avalanche (AVAX) is falling below the moving average lines.

AVAX Stops At $30 And Can Fall Further

The upgrade was designed to make Avalanche cheaper. It worked.

Avalanche Blockchain's December Upgrade Cut Usage Fees by 75%

The price of Avalanche (AVAX) has been moving consistently between $32 and $45 since December 20, 2024. The price movement is consistent as the fluctuation ranges remain intact.

AVAX Continues Its Range, But Hovers Above $35

The tokens use sophisticated delta hedging market strategies to generate double-digit yields for investors. Yield-Focused Stablecoins Debut on Avalanche Defi platform Avant launched its yield-focused stablecoin pair AVUSD and SAVUSD on the Avalanche blockchain on Thursday.

Avant Launches Defi-Native Stablecoin Pair on Avalanche

The latest price analysis by Coinidol.com report, the price of Avalanche (AVAX) has ended its decline after hitting a low of $33 on December 20, 2024.

AVAX Continues Its Range Above $34

The latest price analysis by Coinidol.com report, Avalanche (AVAX) prices continue to trade below the moving average lines but above the $35 support level.

AVAX Remains Stable Above The Critical Support Of $35

The latest price analysis by Coinidol.com report, the price of Avalanche (AVAX) has fallen sharply and is now returning to the bottom of the chart.

AVAX Is Vulnerable If The Price Exceeds $35

Cryptocurrency analysts of Coinidol.com report, Avalanche (AVAX) has fallen below the moving average lines and closed below the 50-day SMA.

AVAX Reconsiders The Low In The Face Of The $42 Hurdle

The latest price analysis by Coinidol.com report, Avalanche (AVAX) has failed to break above the $55 resistance level.

AVAX Continues Its Slide And Returns To Its $24 Low

Internet Computer also fell 3.7%, joining Avalanche as a top underperformer.

CoinDesk 20 Performance Update: AVAX Declines 3.7% as Index Trades Lower

Digital assets manager CoinShares says institutional investors poured a record $3.2 billion into crypto investment vehicles last week. In its latest Digital Asset Fund Flows report, CoinShares says that last week, institutional crypto investment products saw net inflows that brought yearly flows to $44.5 billion, a new record.

News for Avalanche Crypto (AVAX)