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Avalanche Price AVAX

    About Avalanche

    Avalanche (AVAX) is a cryptocurrency launched in 2018. Participants in the blockchain ecosystem continue to demand decentralization as a core feature of their applications and products, leading to the continued rise in uptake and value of protocols that prioritize this. Processing speed is a critical factor in determining whether a blockchain is successfully implementing decentralization. Avalanche (AVAX) is a platform for custom blockchain networks and decentralized applications seeking to unseat Ethereum as the most prominent blockchain for smart contracts. It seeks to do so by offering higher transaction processing rates without compromising its ability to grow in size and complexity, which it accomplishes by means of its unique 3-lane blockchain design. AVAX has grown to have its network of Decentralized Finance (DeFi) and Decentralized Applications (DApps), with partners such as SushiSwap and TrueUSD coming in to integrate with the platform.

    How it works

    Avalanche (AVAX) is a platform for custom blockchain networks and decentralised applications seeking to unseat Ethereum as the most prominent blockchain for smart contracts. It seeks to do so by offering higher transaction processing rates without compromising its ability to grow in size and complexity, which it accomplishes by means of its unique 3-lane blockchain design.


    AVAX has grown to have its network of Decentralised Finance (DeFi) and Decentralised Applications (DApps), with partners such as SushiSwap and TrueUSD coming in to integrate with the platform.

    Release Time: 2021-09-29

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