Avalanche (AVAX) 24 Hour Volume Reaches $467.91 Million

Avalanche (AVAX) traded 2.6% higher against the US dollar during the 24 hour period ending at 22:00 PM Eastern on April 29th. One Avalanche coin can now be purchased for approximately $35.13 or 0.00054810 BTC on major cryptocurrency exchanges. Over the last seven days, Avalanche has traded 11% lower against the US dollar. Avalanche has a total market cap of $13.32 billion and $467.91 million worth of Avalanche was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over the last 24 hours:

• NEAR Protocol (NEAR) traded down 2.5% against the dollar and now trades at $6.83 or 0.00010655 BTC.
• Internet Computer (ICP) traded 3% lower against the dollar and now trades at $13.31 or 0.00020775 BTC.
• Hedera (HBAR) traded down 1.4% against the dollar and now trades at $0.10 or 0.00000160 BTC.
• Cronos (CRO) traded up 1.4% against the dollar and now trades at $0.13 or 0.00000207 BTC.
• Cosmos (ATOM) traded down 0.9% against the dollar and now trades at $8.16 or 0.00012726 BTC.
• Fetch.ai (FET) traded 0.9% lower against the dollar and now trades at $2.17 or 0.00003381 BTC.
• Algorand (ALGO) traded 1.9% lower against the dollar and now trades at $0.19 or 0.00000296 BTC.
• Akash Network (AKT) traded down 0.9% against the dollar and now trades at $4.34 or 0.00006799 BTC.
• Kava (KAVA) traded 0.6% lower against the dollar and now trades at $0.69 or 0.00001071 BTC.
• Theta Fuel (TFUEL) traded up 0.2% against the dollar and now trades at $0.11 or 0.00000169 BTC.

About Avalanche

Avalanche uses the hashing algorithm. It launched on September 21st, 2020. Avalanche’s total supply is 437,809,594 coins and its circulating supply is 379,119,954 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. Avalanche’s official website 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 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 GDAX, Coinbase 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