AVAX Basic

AVAX is a token for Avalanche that is an EVM-compatible layer1 blockchain consisting of three subnets: the X-Chain, C-Chain, and P-Chain. Avalanche uses this unique structure to solve blockchain problems of achieving scalability, interoperability, and usability. It can confirm transactions in less than one second and also supports the full Ethereum development toolkit.

AVAX Analytics

AVAX Backers

Ava Labs

Foundation

• WordPress
• X
• LinkedIn

Corporate Investors

Investors

AVAX Advantages

Large TVL

Avalanche TVL is in the third division league, 1st league is in hand of Ethereum, 2nd league is a playground of Solana, Tron & BSC; while 3rd league included Arbitrum, Base, Avalanche, SUI, Aptos, Polygon is a crowded league that new players like TON try to rise up at the bottom of the table.

Actvie & Large Ecosystem

By having more than 400 protocols Avalanche has a good place, but it must be aware of loosing developers & projects activity to other new chain. In fact its not a stable position.

Good liquidity

In compare to other top marketcap crypto, AVAX volume is low & its liquidity is down, but totally it has a good liquidity and there is no problem to trade this token in big amount.

Foundation Support

At Sep 2024 Avalanche foundation, decided to allocate $40 M to developers of layer-1 blockchain on Avalanche.

Konami Partnership

At July 2024, the famous Japanese game studio Konami & Avalanche cooperate together to introduce an NFT platform called Resella.

AVAX Disadvantages

Low Volume

Although it has a good volume in total, but as we mentioned earlier its volume is not that high in comparison of other top tokens. This shows us that its ecosystem is in danger of decreasing transaction too.

AVAX Tokenomics