Avalanche Price Hits $9.41 on Top Exchanges (AVAX)

Avalanche (AVAX) traded up 13.9% against the US dollar during the 1-day period ending at 10:00 AM ET on February 25th. Avalanche has a total market capitalization of $4.06 billion and $441.06 million worth of Avalanche was traded on exchanges in the last day. Over the last seven days, Avalanche has traded up 4.7% against the US dollar. One Avalanche coin can currently be bought for $9.41 or 0.00014205 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Cronos (CRO) traded up 4.5% against the dollar and now trades at $0.0773 or 0.00000117 BTC.
• Hedera (HBAR) traded up 6.6% against the dollar and now trades at $0.0999 or 0.00000151 BTC.
• NEAR Protocol (NEAR) traded up 10.7% against the dollar and now trades at $1.07 or 0.00001620 BTC.
• Internet Computer (ICP) traded up 7.2% against the dollar and now trades at $2.22 or 0.00003346 BTC.
• Cosmos (ATOM) traded 2% higher against the dollar and now trades at $2.08 or 0.00003133 BTC.
• Algorand (ALGO) traded 6.2% higher against the dollar and now trades at $0.0886 or 0.00000134 BTC.
• Fetch.ai (FET) traded 6% higher against the dollar and now trades at $0.16 or 0.00000243 BTC.
• PayProtocol Paycoin (PCI) traded 1.5% higher against the dollar and now trades at $0.0591 or 0.00000089 BTC.
• Theta Fuel (TFUEL) traded up 4.9% against the dollar and now trades at $0.0140 or 0.00000021 BTC.
• Akash Network (AKT) traded up 5.2% against the dollar and now trades at $0.31 or 0.00000474 BTC.

About Avalanche

Avalanche uses the hashing algorithm. It was first traded on September 21st, 2020. Avalanche’s total supply is 463,441,061 coins and its circulating supply is 431,771,961 coins. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here. The Reddit community for Avalanche is https://reddit.com/r/avax and the currency’s Github account can be viewed here. The official message board for Avalanche is medium.com/avalancheavax. The official website for Avalanche 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 presently possible to purchase alternative cryptocurrencies such as Avalanche directly using US dollars. Investors seeking to trade Avalanche should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Avalanche using one of the exchanges listed above.

AVAX/USD price chart by TradingView