A

Avalanche

AVAX
Rank #15

$19.07

0.34%
(24H)

Fundamentals

Today's Low
18.74
$19.07
Today's High
19.51

Price & Market Stats

Avalanche Price$19.07
24h High / 24h Low$18.74 / $19.51
Trading Volume$208,518,138.00
Price Change (24h)$0.06
Price Change Percentage (24h)0.339%
Market Cap Rank#15
Market Cap$7,927,728,577.00
Market Cap Change (24h)$66,252,124.00
Market Cap Change Percentage (24h)0.843%
Volume / Market Cap0.0263
All-Time High
$144.96
All-Time Low
$2.80

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About Avalanche

What Is Avalanche?

Avalanche is a smart contract platform designed for decentralized applications, known for its scalability and high transaction throughput.

Who Are the Founders of Avalanche?

Avalanche was founded by Emin Gün Sirer and the team at Ava Labs in 2020.

What Makes Avalanche Unique?

Avalanch uses an advanced consensus protocol that provides fast transactions and scalability.

How Is the Avalanche Network Secured?

Secured by the Avalanche consensus mechanism, ensuring decentralization and security.

What Is Avalanche’s Role in the Crypto Ecosystem?

Avalanche enables the creation and trading of decentralized financial applications (DeFi), assets, and smart contracts.

How Is Avalanche’s Technology Upgraded?

Avalanche upgrades are proposed and implemented by Ava Labs and its community via governance mechanisms.

Who Are the Largest Corporate Holders of Avalanche?

Avalanche is held by institutional investors and partners, including Three Arrows Capital and Polychain Capital.

Frequently Asked Questions

Yes, Avalanche is legal and widely accepted in the blockchain space for DeFi and smart contracts.
Avalanche’s consensus mechanism makes it secure, but individual applications and wallets must be protected from potential hacks.
Avalanche is used within its ecosystem for DeFi applications, but it is not commonly accepted for everyday purchases.

Tokenomics

Explore the economic structure behind Avalanche. Understand the distribution of tokens, supply dynamics, and key economic indicators shaping market performance: Analyzing these elements helps investors understand Avalanche's long-term sustainability, potential scarcity, and economic incentives driving its value. Review the chart above for detailed token metrics and distribution insights.

Team

EG
Emin Gun Sirer
Co-Founder & CEO
Working ExperienceFounder and CEO, Ava Labs (Jan 2019 - Present)Associate Professor, Cornell University (Jan 2001 - Aug 2021)Founder, bloXroute Labs (Mar 2017 - May 2019)Educational BackgroundB.S.E., Computer Science, Princeton University (1989 - 1993)Ph.D., Computer Science, University of Washington (1993 - 2000) 
KS
Kevin Sekniqi
Co-Founder & COO
Kevin Sekniqi is the Co-Founder & Chief Operating Officer at Avalanche and Chief Protocol Architect at Ava Labs. He is credited with developing the Avalanche blockchain platform and works on growing Ava Labs while researching ways to improve the Avalanche protocol. He’s based in Miami, Florida.Prior to Ava Labs, he was a Ph.D. candidate at Cornell University. Some of his work is in fully homomorphic encryption schemes, OPE schemes, distributed systems/consensus, crypto-economics, and more.In addition to his role at AVA, Sekniqi is an active member of the San Francisco tech community. He is an advisor to several startups and has spoken at various conferences and events. He mentors aspiring entrepreneurs and is passionate about entrepreneurship and fostering the next generation of tech leaders.
CL
Chris Lavery
CFO
Chris Lavery is the CFO at Ava Labs. Chris has over 20 years of experience in financial strategy and operations.Previously, they were the Executive Vice President of Financial Strategy at Blockchain.com, where they were responsible for developing corporate strategy and financial analytics. Chris also led the launch of Blockchain's cryptocurrency exchange and venture capital fund.Before Blockchain.com, Chris was the On Demand Chief Financial Officer for High-Growth Companies at Burkland. In this role, they provided fractional COO and strategic CFO services to startups and early-stage companies.Chris has a proven track record in helping businesses achieve their goals and grow their operations. Chris is an expert in financial modeling, fundraising, and strategic planning. With their vast experience and knowledge, Chris is an invaluable asset to any organization.Chris Lavery has a MBA in Finance from The Wharton School, a JD in Corporate Law from Georgetown University Law Center, and a BA from Georgetown University. Chris also has a bachelors from Fairfield College Preparatory School and a Juris Doctorate from Georgetown University. Chris is certified from - in New York and Connecticut Bar Licenses; California In-House Counsel.
JW
John Wu
President
John builds scalable and disruptive technology businesses. He has worked in the finance and technology industries for over 20 years as an entrepreneur, operator, and investor: President of a web3 companyBuilt a compliant token trading marketplace for private shares and funds Founded technology investment firm backed by the Blackstone Group

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