Avalanche (AVAX) 24 Hour Trading Volume Hits $473.58 Million

Avalanche (AVAX) traded 13.5% higher against the dollar during the 1-day period ending at 10:00 AM Eastern on September 19th. One Avalanche coin can currently be purchased for approximately $26.20 or 0.00041619 BTC on major cryptocurrency exchanges. During the last seven days, Avalanche has traded 10.9% higher against the dollar. Avalanche has a total market cap of $10.64 billion and $473.58 million worth of Avalanche was traded on exchanges in the last 24 hours.

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

• NEAR Protocol (NEAR) traded up 12.1% against the dollar and now trades at $4.47 or 0.00007096 BTC.
• Internet Computer (ICP) traded up 5.2% against the dollar and now trades at $8.11 or 0.00012874 BTC.
• Cronos (CRO) traded 5.5% higher against the dollar and now trades at $0.0829 or 0.00000132 BTC.
• Hedera (HBAR) traded 6.6% higher against the dollar and now trades at $0.0520 or 0.00000083 BTC.
• Cosmos (ATOM) traded 8.5% higher against the dollar and now trades at $4.51 or 0.00007165 BTC.
• Fetch.ai (FET) traded up 13.8% against the dollar and now trades at $1.52 or 0.00002421 BTC.
• Algorand (ALGO) traded 8.9% higher against the dollar and now trades at $0.13 or 0.00000209 BTC.
• Akash Network (AKT) traded 10.7% higher against the dollar and now trades at $2.66 or 0.00004197 BTC.
• Kava (KAVA) traded 22.8% higher against the dollar and now trades at $0.39 or 0.00000620 BTC.
• Theta Fuel (TFUEL) traded 5.7% higher against the dollar and now trades at $0.0619 or 0.00000098 BTC.

About Avalanche

AVAX uses the hashing algorithm. It launched on September 21st, 2020. Avalanche’s total supply is 445,930,777 coins and its circulating supply is 405,927,677 coins. Avalanche’s official website is avax.network. 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 Twitter account is @avax and its Facebook page is accessible 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 possible to buy alternative cryptocurrencies such as Avalanche directly using US dollars. Investors seeking to trade Avalanche should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Avalanche using one of the exchanges listed above.

AVAX/USD price chart by TradingView