Avalanche (AVAX)
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What Is Avalanche?
Avalanche (AVAX) is a high-performance blockchain platform designed for decentralized applications (dApps), custom blockchains, and enterprise solutions. It boasts near-instant transaction finality and low fees.
Built with scalability in mind, Avalanche uses a unique consensus mechanism that allows thousands of validators to confirm transactions simultaneously. It supports Ethereum-compatible smart contracts and is a popular choice for DeFi and NFT projects.
AVAX is the native token used for staking, governance, and transaction fees across the Avalanche ecosystem.
Where to Buy Avalanche
Avalanche Key Stats
- Launch Year: 2020
- Consensus: Avalanche Consensus Protocol
- Max Supply: 720 million AVAX
- Use Cases: Smart contracts, DeFi, NFTs, custom blockchains
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