Never thought this would make me happy since Solana is now my competitor, but it does.
KyberSwap back on Solana! 🔥
Kyber Network
KyberSwap Cross-Chain Swap now supports @solana ⚡
Swap assets from 20+ chains into your favorite tokens on Solana - instantly, securely, with optimal rates.
All in one unified interface. 🟢
1.79K
5
ChiefraT
Interested in this $AVAX box where we have key fibonacci levels currently sitting.
Alerts are set if we get a move into this zone. ✅
2.56K
16
Victor Tran
Who said Kyber doesn't care about Solana :)
Kyber Network
KyberSwap Cross-Chain Swap now supports @solana ⚡
Swap assets from 20+ chains into your favorite tokens on Solana - instantly, securely, with optimal rates.
All in one unified interface. 🟢
1.96K
9
Avalanche Gaming 🔺
hbd America. Before you get blitzed and blow stuff up tonight…
First catch up on this week’s Avalanche Gaming news. 🎮🧵👇
1.25K
10
ThaDream L1 🇺🇸🔺
Your complete Avalanche weekly recap in 9000 milliseconds 🔺
12 things you didn't know happened this week
🔺 @avax sees its best performing month with over 515M transactions across all indexed L1s, up 140M from May
🔺 @PulsarGame and @DeFiKingdoms are seeing big upticks in transactions, with 55% and 13% increases in June
🔺 Following a successful web3 launch, @MaplestoryU announced a series of mobile and web app games will follow to lower barrier of entry
🔺 @BenqiFinance announced PAYG, a low-cost and flexible Avax staking starting at 8 Avax per week
🔺 @tixbase is now live on mainnet. A new era of ticketing begins—scalable, secure, and truly owned by the fans
🔺 @PulsarGame launched their V2.1 and saw 50k players joining, a huge win for the gaming studio as monetisation is now enabled
🔺 @SiloFinance now supports $sAVAX on Avalanche with 95% maxLTV🔺
🔺 @spectra_finance, an open-source protocol focused on interest rate derivatives, is now live on Avalanche
🔺 @BlackholeDex teased their token launch, with 100% going to the community and 100% of the supply released on TGE
🔺 Car giant Mitsubishi is building a reward point app, via their own Avax L1
🔺 @BuildOnBeam Season 3 has now ended for the Beam nodes, rewards dropping soon
🔺 @coqnet_io had more transactions than Base, Arbitrum and Ethereum in June, with 355M tx
That's it for this week. Show some love and like/RT
Follow me, @0xThaDream, for more Avax content @
The current price of Avalanche is ₺711.99. Over the last 24 hours, Avalanche has decreased by -4.24%. It currently has a circulating supply of 422,185,312 AVAX and a maximum supply of 720,000,000 AVAX, giving it a fully diluted market cap of ₺300.44B. At present, Avalanche holds the 16 position in market cap rankings. The Avalanche/TRY price is updated in real-time.
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Avalanche is a Layer 1 decentralized blockchain network built to support complex applications and custom blockchain functions. Avalanche aims to be a leading Ethereum alternative, competing with other popular chains such as Solana and Cardano for the title of "Ethereum Killer."
Thanks to its scalable architecture, the Avalanche network can handle up to 6,500 transactions per second and has comparatively low gas fees. A wide variety of decentralized applications (dApps) are hosted by Avalanche, which resulted in a record-breaking total value locked (TVL) of $12 billion in late 2021. At the same time, the abundance of dApps on the Avalanche blockchain increased demand for the AVAX token and had a favorable impact on the cryptocurrency's price.
Avalanche also employs an Ethereum Virtual Machine (EVM), which makes it much easier and faster for developers to port and deploy Ethereum-based smart contracts and applications to the Avalanche network. With the familiar user experience, new users can be easily and quickly onboarded to the Avalanche chain.
AVAX is Avalanche's native token, required to pay the necessary gas fees when completing transactions on the Avalanche network. In addition, AVAX token holders can vote on protocol governance issues and have a say in the future development of the blockchain.
AVAX price and tokenomics
The maximum token supply of Avalanche is 720 million. On November 21, 2021, AVAX hit an all-time high of $146. This represents a period when new and innovative DeFi platforms chose the Avalanche network to host their applications. On top of that, Avalanche was a standout performer during the 2021 bull run.
In a series of private and public funding rounds, 360 million AVAX tokens were minted and sold to early supporters, raising $55 million. They are distributed as follows: The Avalanche founders and project receive 19.3 percent, investors receive 16 percent, and pre-mined rewards and community airdrops receive 64.7 percent. AVAX tokens will be continuously distributed to holders via staking rewards over the next several decades. Furthermore, the Avalanche supply schedule outlines consistent token unlocks over several years.
About the founders
The Avalanche network was founded by Ava Labs. Emin Gün Sirer, a well-known computer scientist, leads the Ava Labs venture. Gün Sirer is a Cornell University associate professor best known for his contributions to peer-to-peer (P2P) systems and computer networking. He was also a pioneer in Bitcoin scaling solutions. Kevin Sekniqi and Maofan Yin, who have PHDs in computer science, are other senior members of the Ava Labs team.
What makes Avalanche unique
The Avalanche network has a unique framework that sets it apart from competing chains. It is made up of several blockchains, each of which serves a distinct purpose with different responsibilities.
Avalanche Exchange Chain
Avalanche's X-Chain is built using a directed acyclic graph (DAG), exclusively used to send and receive money. By isolating these transactions, the Avalanche network reduces congestion and enables faster, cheaper payments.
Avalanche Platform Chain
Avalanche's P-Chain is used for staking and validation. On the P-Chain, Avalanche users can become validators to receive staking rewards.
Avalanche Contract Chain
Avalanche's C-Chain is the execution layer that is fully smart contract-compatible and can support dApps. The C-Chain is the home of all Avalanche DeFi protocols and NFT functions.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 7.2K new posts about Avalanche, driven by 2.5K contributors, and total online engagement reached 670K social interactions. The sentiment score for Avalanche currently stands at 87%. Compared to all cryptocurrencies, post volume for Avalanche currently ranks at 1841. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Avalanche.
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Posts
7,153
Contributors
2,451
Interactions
669,687
Sentiment
87%
Volume rank
#1841
X
Posts
7,116
Interactions
665,823
Sentiment
88%
Avalanche FAQ
What is AVAX?
AVAX is the native token of the Avalanche network. The Avalanche network is a novel Layer 1 network of blockchains that supports the creation of decentralized applications and smart contracts.
How can I stake AVAX?
The easiest way to stake AVAX tokens and receive passive income on your holdings is via OKX TR Earn. OKX TR Earn offers a variety of low-risk savings and staking subscription plans, in both fixed and flexible terms.
Where can I buy AVAX?
Easily buy AVAX tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include AVAX/USDT, AVAX/USDC and AVAX/BTC.
To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into AVAX, visit the OKX TR Crypto Converter Calculator. OKX TR's high-liquidity crypto exchange ensures the best prices for your crypto purchases.
How much is 1 Avalanche worth today?
Currently, one Avalanche is worth ₺711.99. For answers and insight into Avalanche's price action, you're in the right place. Explore the latest Avalanche charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Avalanche, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Avalanche have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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