Express

Avalanche's Token AVAX Hit A Record High With Nearly 30% Daily Increase

Mary Liu

Summary: According to the Data from the Bitpush terminal, the Avalanche Protocol's token AVAX has reached a record high of nearly $68, an intraday increase of 27.8%. At the time of writing, AVAX currently ranks the 13th largest cryptocurrency with a market cap of over $14.8 billion. Avalanche is a public chain serving DeFi applications. It ...

According to the Data from the Bitpush terminal, the Avalanche Protocol's token AVAX has reached a record high of nearly $68, an intraday increase of 27.8%. At the time of writing, AVAX currently ranks the 13th largest cryptocurrency with a market cap of over $14.8 billion.

Avalanche is a public chain serving DeFi applications. It uses an innovative consensus protocol framework to separate the execution environment from the chain through a three-layer network structure (X chain, P chain, C chain), as well as supports Ethereum EVM and various mature Ethereum development tools to create a highly scalable, modular and multi-chain interoperable public chain system.

The Avalanche Foundation has raised $230 million through a new token sale, led by Polychain Capital and Three Arrows Capital.

By Mary Liu

Last Update:

Tags: ,
Link: Avalanche's Token AVAX Hit A Record High With Nearly 30% Daily Increase   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago
  • You need to login to comment.