Avalanche Coin

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Avalanche Coin Business Summary

Avalanche Coin (AVAX) is the native token of the Avalanche blockchain, a decentralized, open-source Layer-1 protocol developed by Ava Labs and launched in September 2020. Designed for high scalability, speed, and security, Avalanche utilizes a Proof-of-Stake consensus and features multi-chain architecture, making it ideal for decentralized applications, DeFi, and custom blockchain deployments. AVAX powers network governance, staking, payments, and transaction fees with real-time price tracking, transparent tokenomics, and broad developer adoption.