Avalanche (AVAX) Market Capitalization Achieves $2.91 Billion

Posted by on Aug 4th, 2026

Avalanche (AVAX) traded up 4.1% against the dollar during the 24-hour period ending at 9:00 AM Eastern on August 4th. In the last week, Avalanche has traded 5.7% higher against the dollar. Avalanche has a total market capitalization of $2.91 billion and approximately $333.93 million worth of Avalanche was traded on exchanges in the last 24 hours. One Avalanche coin can currently be purchased for approximately $6.75 or 0.00010548 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last 24 hours:

  • Cronos (CRO) traded 0.2% lower against the dollar and now trades at $0.0546 or 0.00000085 BTC.
  • Hedera (HBAR) traded up 1.4% against the dollar and now trades at $0.0699 or 0.00000109 BTC.
  • NEAR Protocol (NEAR) traded up 1.1% against the dollar and now trades at $1.73 or 0.00002711 BTC.
  • Internet Computer (ICP) traded 1.6% higher against the dollar and now trades at $2.10 or 0.00003288 BTC.
  • Algorand (ALGO) traded up 5.4% against the dollar and now trades at $0.0910 or 0.00000142 BTC.
  • Cosmos (ATOM) traded 6.4% higher against the dollar and now trades at $1.37 or 0.00002135 BTC.
  • Fetch.ai (FET) traded 3.6% higher against the dollar and now trades at $0.15 or 0.00000228 BTC.
  • Akash Network (AKT) traded 3.2% higher against the dollar and now trades at $0.50 or 0.00000790 BTC.
  • PayProtocol Paycoin (PCI) traded up 1.5% against the dollar and now trades at $0.0355 or 0.00000056 BTC.
  • Theta Fuel (TFUEL) traded up 1.6% against the dollar and now trades at $0.0074 or 0.00000012 BTC.

Avalanche Coin Profile

Avalanche uses the hashing algorithm. Its genesis date was September 21st, 2020. Avalanche’s total supply is 463,441,061 coins and its circulating supply is 431,771,961 coins. The official message board for Avalanche is medium.com/avalancheavax. The official website for Avalanche is avax.network. Avalanche’s official Twitter account is @avax and its Facebook page is accessible here. The Reddit community for Avalanche is https://reddit.com/r/avax and the currency’s Github account can be viewed here.

According to CryptoCompare, “Avalanche (AVAX) is an open-source smart contracts platform launched in September 2020, known for its high scalability and rapid transaction finalization (sub-one second). Developed under the leadership of Dr. Emin Gün Sirer, it’s a robust platform for decentralized finance (DeFi) and enterprise blockchain solutions. The network can handle over 4,500 transactions per second and offers enhanced security against 51% attacks. Compatible with Ethereum’s development toolkit, Avalanche allows for easy interoperability and supports millions of independent validators as full block producers. It is also eco-friendly, catering to Web3 developers. The AVAX token serves multiple roles within the network, including transaction fees and network security. With the ability to host decentralized applications (dApps) and custom blockchains, Avalanche offers a versatile, high-performance ecosystem for developers, investors, and enterprises alike.”

Buying and Selling Avalanche

It is usually not presently possible to purchase alternative cryptocurrencies such as Avalanche directly using U.S. dollars. Investors seeking to acquire Avalanche should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Avalanche using one of the aforementioned exchanges.

AVAX/USD price chart by TradingView

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