BITCOIN

₹61,98,534.61

1.253%

ETHEREUM

₹3,35,077.35

1.235%

TETHER USDT

₹89.46

0.042%

BNB

₹55,047.33

0.683%

SOLANA

₹15,862.97

0.605%

USDC

₹89.50

0.015%

XRP

₹47.15

1.847%

DOGECOIN

₹14.92

2.22%

CARDANO

₹43.30

2.221%

AVALANCHE

₹3,586.60

2.54%

SHIBA INU

₹0.002271

4.088%

WRAPPED BITCOIN

₹62,00,666.40

1.363%

POLKADOT

₹668.57

1.963%

TRON

₹10.73

3.028%

BITCOIN CASH

₹44,703.96

3.061%

CHAINLINK

₹1,464.99

2.395%

NEAR PROTOCOL

₹714.07

2.023%

POLYGON

₹64.79

0.792%

LITECOIN

₹7,676.01

2.861%

INTERNET COMPUTER

₹1,148.64

3.641%

BITCOIN

₹61,98,534.61

1.253%

ETHEREUM

₹3,35,077.35

1.235%

TETHER USDT

₹89.46

0.042%

BNB

₹55,047.33

0.683%

SOLANA

₹15,862.97

0.605%

USDC

₹89.50

0.015%

XRP

₹47.15

1.847%

DOGECOIN

₹14.92

2.22%

CARDANO

₹43.30

2.221%

AVALANCHE

₹3,586.60

2.54%

SHIBA INU

₹0.002271

4.088%

WRAPPED BITCOIN

₹62,00,666.40

1.363%

POLKADOT

₹668.57

1.963%

TRON

₹10.73

3.028%

BITCOIN CASH

₹44,703.96

3.061%

CHAINLINK

₹1,464.99

2.395%

NEAR PROTOCOL

₹714.07

2.023%

POLYGON

₹64.79

0.792%

LITECOIN

₹7,676.01

2.861%

INTERNET COMPUTER

₹1,148.64

3.641%

BITCOIN

₹61,98,534.61

1.253%

ETHEREUM

₹3,35,077.35

1.235%

TETHER USDT

₹89.46

0.042%

BNB

₹55,047.33

0.683%

SOLANA

₹15,862.97

0.605%

USDC

₹89.50

0.015%

XRP

₹47.15

1.847%

DOGECOIN

₹14.92

2.22%

CARDANO

₹43.30

2.221%

AVALANCHE

₹3,586.60

2.54%

SHIBA INU

₹0.002271

4.088%

WRAPPED BITCOIN

₹62,00,666.40

1.363%

POLKADOT

₹668.57

1.963%

TRON

₹10.73

3.028%

BITCOIN CASH

₹44,703.96

3.061%

CHAINLINK

₹1,464.99

2.395%

NEAR PROTOCOL

₹714.07

2.023%

POLYGON

₹64.79

0.792%

LITECOIN

₹7,676.01

2.861%

INTERNET COMPUTER

₹1,148.64

3.641%

BITCOIN

₹61,98,534.61

1.253%

ETHEREUM

₹3,35,077.35

1.235%

TETHER USDT

₹89.46

0.042%

BNB

₹55,047.33

0.683%

SOLANA

₹15,862.97

0.605%

USDC

₹89.50

0.015%

XRP

₹47.15

1.847%

DOGECOIN

₹14.92

2.22%

CARDANO

₹43.30

2.221%

AVALANCHE

₹3,586.60

2.54%

SHIBA INU

₹0.002271

4.088%

WRAPPED BITCOIN

₹62,00,666.40

1.363%

POLKADOT

₹668.57

1.963%

TRON

₹10.73

3.028%

BITCOIN CASH

₹44,703.96

3.061%

CHAINLINK

₹1,464.99

2.395%

NEAR PROTOCOL

₹714.07

2.023%

POLYGON

₹64.79

0.792%

LITECOIN

₹7,676.01

2.861%

INTERNET COMPUTER

₹1,148.64

3.641%

BITCOIN

₹61,98,534.61

1.253%

ETHEREUM

₹3,35,077.35

1.235%

TETHER USDT

₹89.46

0.042%

BNB

₹55,047.33

0.683%

SOLANA

₹15,862.97

0.605%

USDC

₹89.50

0.015%

XRP

₹47.15

1.847%

DOGECOIN

₹14.92

2.22%

CARDANO

₹43.30

2.221%

AVALANCHE

₹3,586.60

2.54%

SHIBA INU

₹0.002271

4.088%

WRAPPED BITCOIN

₹62,00,666.40

1.363%

POLKADOT

₹668.57

1.963%

TRON

₹10.73

3.028%

BITCOIN CASH

₹44,703.96

3.061%

CHAINLINK

₹1,464.99

2.395%

NEAR PROTOCOL

₹714.07

2.023%

POLYGON

₹64.79

0.792%

LITECOIN

₹7,676.01

2.861%

INTERNET COMPUTER

₹1,148.64

3.641%

BITCOIN

₹61,98,534.61

1.253%

ETHEREUM

₹3,35,077.35

1.235%

TETHER USDT

₹89.46

0.042%

BNB

₹55,047.33

0.683%

SOLANA

₹15,862.97

0.605%

USDC

₹89.50

0.015%

XRP

₹47.15

1.847%

DOGECOIN

₹14.92

2.22%

CARDANO

₹43.30

2.221%

AVALANCHE

₹3,586.60

2.54%

SHIBA INU

₹0.002271

4.088%

WRAPPED BITCOIN

₹62,00,666.40

1.363%

POLKADOT

₹668.57

1.963%

TRON

₹10.73

3.028%

BITCOIN CASH

₹44,703.96

3.061%

CHAINLINK

₹1,464.99

2.395%

NEAR PROTOCOL

₹714.07

2.023%

POLYGON

₹64.79

0.792%

LITECOIN

₹7,676.01

2.861%

INTERNET COMPUTER

₹1,148.64

3.641%

BITCOIN

₹61,98,534.61

1.253%

ETHEREUM

₹3,35,077.35

1.235%

TETHER USDT

₹89.46

0.042%

BNB

₹55,047.33

0.683%

SOLANA

₹15,862.97

0.605%

USDC

₹89.50

0.015%

XRP

₹47.15

1.847%

DOGECOIN

₹14.92

2.22%

CARDANO

₹43.30

2.221%

AVALANCHE

₹3,586.60

2.54%

SHIBA INU

₹0.002271

4.088%

WRAPPED BITCOIN

₹62,00,666.40

1.363%

POLKADOT

₹668.57

1.963%

TRON

₹10.73

3.028%

BITCOIN CASH

₹44,703.96

3.061%

CHAINLINK

₹1,464.99

2.395%

NEAR PROTOCOL

₹714.07

2.023%

POLYGON

₹64.79

0.792%

LITECOIN

₹7,676.01

2.861%

INTERNET COMPUTER

₹1,148.64

3.641%

BITCOIN

₹61,98,534.61

1.253%

ETHEREUM

₹3,35,077.35

1.235%

TETHER USDT

₹89.46

0.042%

BNB

₹55,047.33

0.683%

SOLANA

₹15,862.97

0.605%

USDC

₹89.50

0.015%

XRP

₹47.15

1.847%

DOGECOIN

₹14.92

2.22%

CARDANO

₹43.30

2.221%

AVALANCHE

₹3,586.60

2.54%

SHIBA INU

₹0.002271

4.088%

WRAPPED BITCOIN

₹62,00,666.40

1.363%

POLKADOT

₹668.57

1.963%

TRON

₹10.73

3.028%

BITCOIN CASH

₹44,703.96

3.061%

CHAINLINK

₹1,464.99

2.395%

NEAR PROTOCOL

₹714.07

2.023%

POLYGON

₹64.79

0.792%

LITECOIN

₹7,676.01

2.861%

INTERNET COMPUTER

₹1,148.64

3.641%

BITCOIN

₹61,98,534.61

1.253%

ETHEREUM

₹3,35,077.35

1.235%

TETHER USDT

₹89.46

0.042%

BNB

₹55,047.33

0.683%

SOLANA

₹15,862.97

0.605%

USDC

₹89.50

0.015%

XRP

₹47.15

1.847%

DOGECOIN

₹14.92

2.22%

CARDANO

₹43.30

2.221%

AVALANCHE

₹3,586.60

2.54%

SHIBA INU

₹0.002271

4.088%

WRAPPED BITCOIN

₹62,00,666.40

1.363%

POLKADOT

₹668.57

1.963%

TRON

₹10.73

3.028%

BITCOIN CASH

₹44,703.96

3.061%

CHAINLINK

₹1,464.99

2.395%

NEAR PROTOCOL

₹714.07

2.023%

POLYGON

₹64.79

0.792%

LITECOIN

₹7,676.01

2.861%

INTERNET COMPUTER

₹1,148.64

3.641%

BITCOIN

₹61,98,534.61

1.253%

ETHEREUM

₹3,35,077.35

1.235%

TETHER USDT

₹89.46

0.042%

BNB

₹55,047.33

0.683%

SOLANA

₹15,862.97

0.605%

USDC

₹89.50

0.015%

XRP

₹47.15

1.847%

DOGECOIN

₹14.92

2.22%

CARDANO

₹43.30

2.221%

AVALANCHE

₹3,586.60

2.54%

SHIBA INU

₹0.002271

4.088%

WRAPPED BITCOIN

₹62,00,666.40

1.363%

POLKADOT

₹668.57

1.963%

TRON

₹10.73

3.028%

BITCOIN CASH

₹44,703.96

3.061%

CHAINLINK

₹1,464.99

2.395%

NEAR PROTOCOL

₹714.07

2.023%

POLYGON

₹64.79

0.792%

LITECOIN

₹7,676.01

2.861%

INTERNET COMPUTER

₹1,148.64

3.641%

Home

/

Coins

/

Avalanche

AVAX

Avalanche

AVAX

Watchlist

₹3,591.64

LIVE

24H Low ₹3,518.25

24H High ₹3,722.31

Price of AVAX today

The current live price of AVAX today is ₹3,591.64, with a 24-hour trading volume of ₹50,99,36,40,027.56. Our AVAX to INR price is updated in real-time. AVAX has seen a decrease of -2.82% in the last 24 hours. With a live market cap of ₹14,05,94,42,70,298.07 , the circulating supply is at 392,801,642 AVAX coins, with a maximum supply of 715,748,719AVAX coins.

Avalanche Price History

Date ComparisonAmount Change% Change
Today-₹101.14

2.74%

7 Days₹491.35

15.84%

30 Days₹186.16

5.46%

1 Year₹2,334.16

185.23%

Avalanche Price Information

Price Change (1hr)

3.21%

Price Change (24hr)

2.74%

Price Change (7d)

15.84%

Avalanche Market Stats

Market Cap

₹14,05,94,42,70,298.07

Fully Diluted Market Cap

₹25,61,85,99,90,858.27

24hr Volume

₹50,99,36,40,027.56

26.53%

Circulating Supply

392801641.79 AVAX

Total Supply

715748719 AVAX

Things to know about Avalanche

1. What is the token?

  • AVAX, abbreviation for Avalanche, serves as the native cryptocurrency of the Avalanche platform, a decentralised, open-source proof-of-stake blockchain with smart contract functionality.

  • The platform offers a general-purpose blockchain environment, enabling developers to deploy decentralised applications like decentralised finance, gaming, and NFTs through smart contracts.

  • Network security is ensured by validators who employ a proof-of-stake consensus protocol, facilitating fast and secure transactions.

2. Tokenomics

  • AVAX plays a pivotal role within the Avalanche network, being utilised for various operations such as paying transaction fees, securing the platform through staking, and providing a basic unit of account across multiple subnets.

3. Market Data

As of today 23 May 2024, the price of Avalanche is ₹3,591.64 INR, with a 24-hour trading volume of 569761341.09 USD. The market capitalisation for Avalanche is 15708874528.47USD. The circulating supply is 392801641.79 Avalanche, with the total supply also being 442148011.79 Avalanche.

Pros:

  • Avalanche holds the distinction of being the fastest smart contracts platform within the blockchain industry, evident from its time-to-finality metric, which enhances its efficiency.

  • The platform’s support for creating custom blockchain networks facilitates the establishment of complex, multi-chain, and multi-token setups.

  • Avalanche benefits from a robust community and team spearheaded by founder Emin Gün Sirer, a prominent figure in the blockchain domain.

Cons:

  • Like all cryptocurrencies, AVAX is susceptible to market volatility, leading to rapid fluctuations in its value.

  • The platform may pose a steep learning curve for new users and developers despite its power.

5. Why Should You Invest in the coin

  • Investing in Avalanche presents an attractive opportunity due to its unique technology and the strength of its community.

  • The platform’s fast and scalable smart contract infrastructure has the potential to attract more developers and users, consequently driving demand for the AVAX token.

  • Additionally, Avalanche’s capability to establish custom blockchain networks positions it as a significant player in decentralised finance and other blockchain applications.

6. USP of the coin

  • Avalanche’s standout feature lies in its high-speed, scalable smart contract platform, which finalises transactions in less than one second, placing it among the fastest in the industry.

  • Moreover, its support for custom blockchain networks allows for the creation of intricate, multi-chain, and multi-token setups, offering flexibility and scalability for developers and users alike.

7. Problem the coin is solving

  • Avalanche addresses the scalability and efficiency challenges encountered by numerous blockchain platforms.

  • Its high-speed, scalable smart contract platform facilitates swift transaction finalisation, rendering it suitable for

  • various

  • applications, including decentralised finance, gaming, and NFTs.

8. Founder and team background

  • Avalanche was founded by Emin Gün Sirer, a professor at Cornell University and a prominent figure in the blockchain space.

  • The team also comprises individuals like Kevin Sekniqi, Daniel Laine, and Stephen Buttolph, who have

  • significantly contributed

  • to the platform’s development.

9. ICO Price

  • The Initial Coin Offering (ICO) price for Avalanche (AVAX) was set at $0.50 per token during its launch on July 15, 2020.

  • Notably, the ICO lasted approximately 4.5 hours due to high demand and

  • raised

  • $37.5 million.

  • The ICO constituted part of a broader fundraising endeavour, which included a seed round offering 2.5% of the token’s supply at $0.33 with a one-year vesting schedule and a private sale selling 3.5% of the token’s supply at $0.50.

  • Additionally, tokens were available without any lock-up period at a price of $0.85 per token, with a total of 16% of the AVAX supply being made available to investors through these fundraising mechanisms.

10. Risks Associated in Investing in the Coin

  • Investing in Avalanche, akin to any other cryptocurrency, carries inherent risks.

  • The value of AVAX is subject to high volatility, potentially resulting in substantial losses for investors if the market sentiment turns unfavourable.

  • Despite its promising technology, Avalanche remains relatively new and unproven, posing risks concerning its adoption and future development.

11. Whitepaper Insights

The Avalanche whitepaper delineates a novel consensus mechanism known as the Snow* family, which includes protocols like Avalanche, Snowman, and Frosty. These protocols are designed to achieve rapid and secure consensus even in a network comprising unreliable nodes. The consensus mechanism is a hybrid, combining the best attributes of classical and Nakamoto consensus protocols, which allows for high throughput, swift finality, and energy efficiency.

Avalanche’s architecture is unique in that it supports a multitude of independent blockchains, all interconnected and validated by dynamic subsets of validators. This design is pivotal for the platform’s scalability, enabling it to handle infinite blockchains while maintaining high performance and robust security.

The platform’s native token, AVAX, is integral to its operation, serving as the medium for transaction fees, staking to secure the network, and as a unit of account across the various subnets within the Avalanche ecosystem.

The whitepaper also outlines the platform’s potential applications, which span decentralised finance (DeFi), gaming, and non-fungible tokens (NFTs). It underscores Avalanche’s commitment to fostering a platform that is not only fast and scalable but also secure, aiming to be the foundation for the next wave of blockchain applications.

Avalanche’s consensus protocol is particularly noteworthy for its ability to process thousands of transactions per second with an acceptance latency of just one to two seconds. This is achieved through a process where any node can propose a transaction, and any staking node can vote on every transaction, enhancing the network’s decentralisation and robustness.

Moreover, the whitepaper discusses the platform's governance, including the potential for AVAX to be inflationary, deflationary, or even uncapped, based on governance votes. This flexibility in governance allows adaptability to the community’s evolving needs.

In summary, the Avalanche whitepaper presents a comprehensive vision for a scalable, high-performance blockchain platform that leverages a groundbreaking consensus mechanism and a flexible, multi-chain architecture to support various applications and use cases.

Returns Calculator

One Time
Recurring

Investment Amount

Investment Period

Returns

8950

0%

AVAX to Converter

Quantity

AVAX

AVAX

Price

fiat

Price as per 12:16 AM • 23 May 2024

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Have a question not answered?

You can contact us at help@mudrex.com

What is the price of Avalanche (AVAX)?

The current price of Avalanche (AVAX) in INR is ₹3,591.64 INR.

What is the current AVAX market cap?

The current market capitalization of Avalanche (AVAX) is ₹14,05,94,42,70,298.07 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of AVAX by the number of coins in circulation.

What is the current supply of Avalanche (AVAX)?

The current supply of Avalanche (AVAX) is 392801641.79 AVAX. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Avalanche (AVAX)?

The 24-hour trading volume of Avalanche (AVAX) in INR is ₹50,99,36,40,027.56. This figure represents the total value of all AVAX transactions across various exchanges within the last 24 hours.

How to Buy Avalanche (AVAX) in India?

To buy Avalanche (AVAX) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in AVAX.

Can I buy Avalanche (AVAX) with UPI?

Yes, you can buy Avalanche (AVAX) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Avalanche (AVAX) to Indian Rupee (INR)?

To convert Avalanche (AVAX) to Indian Rupee (INR), you can use our AVAX/INR conversion tool.

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