The live Avalanche price today is $119 with a 24-hour trading volume of $2.3 billion. Avalanche is up 14.04% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy Avalanche, this guide is for you.

Top places to buy Avalanche now


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What is Avalanche?

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.

Should I buy Avalanche today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

Avalanche price prediction

CoinPriceForecast expects AVAX to reach $300 by the end of 2022. DigitalCoinPrice forecasts Avalanche will gain even more, reaching $140 by the end of this year. They aren’t overly bullish on it. At the end of 2022, the site expects AVAX to trade for $159.

Avalanche on social media

This post was originally published on Coinjournal.