Avalanche Price Hits $25.15 on Major Exchanges (AVAX)

Avalanche (AVAX) traded 7% lower against the U.S. dollar during the 1-day period ending at 9:00 AM Eastern on July 4th. Avalanche has a market capitalization of $9.92 billion and $557.98 million worth of Avalanche was traded on exchanges in the last 24 hours. Over the last seven days, Avalanche has traded 7.2% lower against the U.S. dollar. One Avalanche coin can now be bought for about $25.15 or 0.00044051 BTC on exchanges.

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

• NEAR Protocol (NEAR) traded 8% lower against the dollar and now trades at $4.78 or 0.00008366 BTC.
• Internet Computer (ICP) traded 10.7% lower against the dollar and now trades at $6.81 or 0.00011918 BTC.
• Hedera (HBAR) traded 8.5% lower against the dollar and now trades at $0.0678 or 0.00000119 BTC.
• Cosmos (ATOM) traded 6.5% lower against the dollar and now trades at $6.09 or 0.00010665 BTC.
• Cronos (CRO) traded down 4.6% against the dollar and now trades at $0.0852 or 0.00000149 BTC.
• Fetch.ai (FET) traded 5.8% lower against the dollar and now trades at $1.17 or 0.00002054 BTC.
• Algorand (ALGO) traded down 6.8% against the dollar and now trades at $0.13 or 0.00000235 BTC.
• Akash Network (AKT) traded down 13.1% against the dollar and now trades at $3.06 or 0.00005319 BTC.
• Theta Fuel (TFUEL) traded down 8.9% against the dollar and now trades at $0.0656 or 0.00000115 BTC.
• Kava (KAVA) traded 8.3% lower against the dollar and now trades at $0.38 or 0.00000669 BTC.

About Avalanche

Avalanche (AVAX) uses the hashing algorithm. Its genesis date was September 21st, 2020. Avalanche’s total supply is 443,551,541 coins and its circulating supply is 394,205,171 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. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here. The official message board for Avalanche is medium.com/avalancheavax.

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, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Avalanche using one of the aforementioned exchanges.

AVAX/USD price chart by TradingView