Besides the current price and its 24-hour development, we included the most relevant technical indicators, such as Relative Strength Index (RSI), Moving Average Convergence/Divergence (MACD), Oscillators, and SMA.
Avalanche (AVAX) Indicators
Evaluate the strength and potential of using our table of key technical indicators, including MACD, RSI, SMA, Oscillator, and ADX. These indicators provide in-depth market analysis, helping you to strategize your next move.”
MACD Bearish RSI Neutral Ultimate Oscillator Bearish ADX Strong Short Term Trend Downtrend Mid-Term Trend Downtrend Long-Term Trend Downtrend
Avalanche (AVAX) Forex Values
Monitor the value of across key global currencies. Our table includes data in EUR, GBP, JPY, CNY, CAD, and INR, offering a wide-lens view of the international crypto market.
8.12 75.48 1,515.68 14.04 861.04
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About Avalanche (AVAX)
Avalanche (AVAX) is a decentralized platform and blockchain protocol designed to enable the creation of highly scalable and interoperable decentralized applications (DApps) and financial infrastructure. Launched in 2020, Avalanche aims to provide a fast, secure, and efficient ecosystem for building decentralized applications and facilitating the transfer of assets.
Avalanche differentiates itself through its unique consensus mechanism called Avalanche consensus. It combines elements of proof-of-stake (PoS) and Byzantine fault tolerance (BFT) to achieve high throughput, low latency, and strong security guarantees. This consensus protocol allows for the rapid finality of transactions, making Avalanche suitable for various use cases, including decentralized finance (DeFi), asset tokenization, and secure digital identity.
The AVAX token serves as the native cryptocurrency of the Avalanche network. It is used for transaction fees, staking, and participating in the platform’s governance. Token holders can participate in on-chain governance by voting on proposals and protocol upgrades, contributing to the network’s decision-making process.
Avalanche is built with interoperability in mind. It aims to enable cross-chain communication and compatibility with other blockchain networks, allowing users to transfer assets and data between different platforms seamlessly. This interoperability enhances the overall connectivity of the blockchain ecosystem and promotes collaboration between different projects and applications.
The platform offers developers a robust set of tools, software development kits (SDKs), and virtual machines to facilitate the creation of decentralized applications. Developers can leverage these resources to build scalable and customized solutions tailored to their specific requirements.
Avalanche has gained traction for its ability to handle many transactions per second and its focus on security and decentralization. Its growing ecosystem includes a wide range of applications, such as decentralized exchanges, lending platforms, and cross-chain bridges, contributing to the expansion and adoption of the platform.
In summary, Avalanche (AVAX) is a decentralized platform and blockchain protocol designed for building scalable and interoperable decentralized applications. It utilizes the Avalanche consensus mechanism, offers the AVAX token for transaction fees and governance, and focuses on providing fast and secure transactions. With its interoperability features and developer tools, Avalanche aims to foster innovation and growth within the decentralized finance and blockchain ecosystem.
