Avalanche

Avalanche is the fastest smart contract platform in the blockchain industry in terms of completion time, with low cost and environmentally friendly gas. Avalanche launched on The main network on September 21, 2020, and has over 200 projects online, over $14 million in AVAX destruction (reduced supply), over 1,000 individual block production verifiers, and over 600,000 community members. It is the leader of many new public chains. 
 Avalanche's biggest feature compared to other public chains is its consensus mechanism. Led by Cornell University professor Emin Gun Sirer, Avalanche designed a new consensus mechanism based on random sampling and metastable decision making, which combined the advantages of the "classical Byzantine consensus protocol" that relied on communication transmission and the "Satoshi Consensus protocol" that relied on proof of work to create a chain structure. At the same time, it solves the problems of weak scalability and robustness of classical Byzantine consensus and high delay, low throughput and excessive resource consumption of Nakamoto Consensus. 
 The advantage of this consensus mechanism can be seen in Avalanche's unique transaction confirmation method. When a transaction is broadcast to Avalanche, if the transaction is valid, the verifier undergoes a "repeat random sampling" process, in which a random number of nodes are selected from the system verifier to participate in block verification. If most nodes have the same description of the event, it is judged to be true. If most nodes give different answers, the event content is switched and the sampling is repeated until the end. 
 Based on this consensus mode, Avalanche can support thousands of nodes to participate in transaction verification at the same time, without giving up network performance (collective verification of the entire network), and without giving up the degree of decentralization (super node mechanism), thus achieving both performance and decentralization. Compared to PoA chains such as BSC and side-chain solutions such as Polygon, Avalanche offers superior performance while achieving a higher level of security. 
 <p style = "max-width: 100%; clear: both; X chain is a transaction chain, which mainly deals with point-to-point asset creation and transaction between individuals. C chain is a smart contract chain compatible with EVM. All DeFi projects mentioned above are built on C chain. P chain is the platform chain, which is mainly responsible for token pledge, coordination of network verifier, creation of custom subnets and other affairs. The three chains serve their respective functions but complement each other, further liberating Avalanche's network performance. 
 Performance benefits mean better use experience. Without the high cost of on-chain operations and slow transaction confirmation times at Avalanche, the cost and time of deploying or using DeFi applications will be significantly reduced for developers and regular users alike. 
AVAX is Avalanche's native token. Primarily used to pay gas bills, pledge to secure the network, and provide a basic unit of account between multiple subnets created at Avalanche.

Polygon，Avalanche，Moonriver，Moonbeam，BSC，Energi

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+12% in 24 hours for AVAX – What next?

GMX Allegedly Exploited For Over $565,000 On Avalanche (AVAX)

https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvMjUyMWY1YWItZDgxZS00MDJkLTkwMTgtN2M4MDEwOGViNzE2LmpwZWc=.jpeg

Avalanche 'bull trap' risks pushing AVAX price down by 30% in February

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Avalanche consensus is well suited for building DeFi applications due to its scalability features, particularly its high throughput and near-instant finality.

STANI_KULECHOV

High-speed financial applications are the norm for Web2, and for Web3 to compete and have parity with Web2, you do need a high-speed chain. Avalanche gets us closer and closer and possibly arriving at parity with the speed of Web2 systems.

	Rank	Source	Price	24h	Volume(24H)	Trading Percent	Updated
1	Binance	1	Binance	AVAX/USDT	25.3200	-1.52%	$49,207,177.95	1.0475%	2024-10-26 18:21:24
2	Bitget	2	Bitget	AVAX/USDT	25.2900	-1.9%	$11,761,634.09	0.2504%	2024-10-26 18:19:49
3	MEXC	3	MEXC	AVAX/USDT	25.3100	-1.36%	$8,512,170.62	0.1812%	2024-10-26 18:20:49
4	OKX	4	OKX	AVAX/USDT	25.3160	-0.99%	$8,091,912.34	0.1723%	2024-10-26 18:21:26
5	Coinbase	5	Coinbase	AVAX/USD	$28.90	0%	$9,366,139.26	0.00%	2024-10-16 22:26:10
6	Gate.io	6	Gate.io	AVAX/USDT	25.2900	-1.56%	$4,743,883.99	0.1010%	2024-10-26 18:21:32
7	Upbit	7	Upbit	AVAX/KRW	35,500	-1.5%	$4,046,981.06	0.0862%	2024-10-26 18:19:44
8	KuCoin	8	KuCoin	AVAX/USDT	25.3010	-1.62%	$2,842,814.81	0.0605%	2024-10-26 18:20:29
9	Binance	9	Binance	AVAX/TRY	874.80	-1.46%	$2,348,446.15	0.0500%	2024-10-26 18:20:30
10	Kraken	10	Kraken	AVAX/USD	$25.29	-1.44%	$1,988,139.86	0.0423%	2024-10-26 18:16:56
11	Binance	11	Binance	AVAX/USDC	25.3000	-1.36%	$1,794,759.34	0.0382%	2024-10-26 18:21:23
12	CoinW	12	CoinW	AVAX/USDT	25.2986	-1.61%	$1,623,521.4	0.0346%	2024-10-26 18:20:28

	Volume(24H)	Trading Percent
OKX	OKX	$8,248,995.99	0.1906%	Visit
Binance	Binance	$55,725,642.35	1.2879%	Visit
Bitfinex	Bitfinex	$374,857.06	0.0087%	Visit
Kraken	Kraken	$2,215,899.07	0.0512%	Visit
Gate.io	Gate.io	$4,746,995.68	0.1097%	Visit
KuCoin	KuCoin	$2,935,478.63	0.0678%	Visit
Crypto.com	Crypto.com	$3,973,667,595.85	91.8347%	Visit
Bitget	Bitget	$12,117,360.7	0.2800%	Visit
MEXC	MEXC	$8,548,302.62	0.1976%	Visit
BingX	BingX	$750,539.8	0.0173%	Visit
Upbit	Upbit	$4,052,997.75	0.0937%	Visit

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