What is Avalanche (AVAX)?

Avalanche’s main goal is to provide the same capabilities as Ethereum, but solve the main problems of low throughput and extremely high fees. Avalanche splits the three core jobs – transaction validation, exchanging money, and executing "if this, then that" logic – and operates three separate computer networks to crunch them. This allows it to process thousands of transactions per second as opposed to around 17 for Ethereum, and fees that can be thousands of times lower. The other way Avalanche attempts to replace Ethereum is by simply being compatible with it. Computer code written to build smart contracts on Ethereum can be reused on Avalanche, which has helped it gain rapid adoption.
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AVAX
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Cryptohunt's Opinion

Our take on Avalanche

We think Avalanche is up there as a strong contender in the race to one day become the dominant blockchain technology. In particular, we like that it makes moving code from Ethereum dead simple. Think about it: Most decentralized finance runs on Ethereum today, but has to deal with slow and expensive transactions. With Avalanche, the solution is only a copy-paste away. You can see the impact of this transferrability already. Avalanche has a "clone" ecosystem of cornerstone apps already that allow you to swap tokens, lend and borrow, earn interest, and much more.
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How do you feel about Avalanche?

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What makes Avalanche special?
Avalanche is a on its own, uses to validate transactions, and is. Avalanche also supports.

Interesting facts about Avalanche

Here are some facts you may not already know about Avalanche. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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Avalanche allows Ethereum developers to simply copy-paste their code.

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Avalanche has created a vivid ecosystem like exchanges or NFT marketplaces.

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Avalanche is carbon neutral by offsetting it's already low-energy impact.

Avalanche reviews from the cryptohunt community

Dive deeper into the different opinions about Avalanche and learn how others feels about it.
Avalanche
Negative review
Review author avatar
scaevola
10 days ago

Marketing methods are a bit interesting. They were going to rival Wall Street, but the process worked very differently. They praise subnet technology very much. But as a structure, it has a negative effect on the Avax price. Dapps are switching to their own subnets. Avax usage decreases along with gas prices.

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Avalanche
Positive review
Review author avatar
0xBrettH
15 days ago

Avalanche has an excellent combination of strong tech (especially through the scaling capabilities of subnets) and a strong, loyal community. Despite Avalanche's significant decline in DeFi total value locked, the future for games on Avalanche is bright. It wouldn't be surprising if Avalanche becomes the standard technology for GameFi/play-to-earn games/etc in the future.

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Avalanche
Positive review
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colingardiner
19 days ago

The launch of Avalanche subnets is truly exciting and solves for a lot of the scalability issues with other blockchains like Ethereum. It should be a very viable alternative for new users to use since it is very cheap and fast to use. I think businesses will also be attracted to it.

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Avalanche price and insights

See how much Avalanche is worth and learn from other insightful metrics
No value
-0% past 1 week
24H30D
Community Reviews
Based on 13 community reviews
0% feel totally fine about Avalanche today
0% think this is a great investment
0% believe in the potential
0% say the development team is great
0% say the community is great
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
50,832
10% of them are active
# Telegram members
48,812
3% of them are active
% of total supply circulating
Very small

What’s the community like?

Community matters for projects like Avalanche, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
50,832
# Active Discord members
5,248
# Telegram members
48,812
# Active Telegram members
1,517

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