Avalanche Price Reaches $22.86 on Major Exchanges (AVAX)

Avalanche (AVAX) traded up 2.6% against the dollar during the 24-hour period ending at 7:00 AM E.T. on March 26th. One Avalanche coin can currently be bought for approximately $22.86 or 0.00025932 BTC on popular cryptocurrency exchanges. During the last seven days, Avalanche has traded up 17% against the dollar. Avalanche has a total market cap of $9.48 billion and $349.48 million worth of Avalanche was traded on exchanges in the last 24 hours.

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

• Hedera (HBAR) traded 1.1% higher against the dollar and now trades at $0.20 or 0.00000227 BTC.
• NEAR Protocol (NEAR) traded 2.1% higher against the dollar and now trades at $3.04 or 0.00003452 BTC.
• Internet Computer (ICP) traded up 3.7% against the dollar and now trades at $6.35 or 0.00007197 BTC.
• Cronos (CRO) traded 1.6% higher against the dollar and now trades at $0.11 or 0.00000119 BTC.
• Cosmos (ATOM) traded 1% higher against the dollar and now trades at $4.94 or 0.00005599 BTC.
• Algorand (ALGO) traded 2.9% higher against the dollar and now trades at $0.22 or 0.00000245 BTC.
• Fetch.ai (FET) traded up 1.4% against the dollar and now trades at $0.58 or 0.00000654 BTC.
• Kava (KAVA) traded 2.1% higher against the dollar and now trades at $0.49 or 0.00000556 BTC.
• Akash Network (AKT) traded 0.5% lower against the dollar and now trades at $1.42 or 0.00001605 BTC.
• Theta Fuel (TFUEL) traded 2.1% higher against the dollar and now trades at $0.0408 or 0.00000046 BTC.

About Avalanche

Avalanche (AVAX) uses the hashing algorithm. It was first traded on September 21st, 2020. Avalanche’s total supply is 451,462,266 coins and its circulating supply is 414,792,766 coins. The official website for Avalanche is avax.network. Avalanche’s official message board is medium.com/avalancheavax. 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.

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 U.S. dollars. Investors seeking to acquire Avalanche should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. 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