About Avalanche
Avalanche is a layer-1 blockchain and smart-contract platform, with AVAX as its native token. AVAX pays transaction fees, is staked to secure the network, and acts as a settlement asset across Avalanche's custom chains. Ava Labs launched the network in September 2020, with Emin Gun Sirer, Kevin Sekniqi, and Ted Yin as its co-founders. It uses a proof of stake design built on the Avalanche consensus protocol and the Snowman engine for ordered chains, a leaderless system where validators vote in proportion to their stake. Supply is capped at 720 million AVAX, and network fees are burned, which reduces the circulating amount over time.
Hyundai Card cuts cross-border payment time by over 96% with Axiym on Avalanche
Hyundai Card's pilot highlights blockchain's potential to revolutionize corporate treasury operations, reducing time and capital lockup significantly.
Ondo’s tokenized stock lead shrinks as Binance, Robinhood gain ground: DWF Labs
The rise of Binance and Robinhood in tokenized equities signals a shift towards diversified platforms, enhancing market competition and innovation.
Charles Schwab expects crypto, prediction markets to boost transaction revenue, CEO says
Schwab's crypto trading access could significantly boost mainstream adoption, influencing market dynamics and increasing transaction-based revenue.
Stellar adds tokenized high-yield corporate bonds with HYB and deHYB
Tokenizing high-yield bonds on blockchain could democratize access, but regulatory tensions and credit risks may challenge widespread adoption.
Circle Gateway surpasses $10 billion in total transfer volume
Circle Gateway's milestone highlights the growing demand for efficient multichain finance solutions, potentially reshaping digital asset management.
Avalanche enables DIFC Courts to verify documents globally in seconds
The integration of blockchain in legal systems could enhance global trust and efficiency, but widespread adoption and correct issuance remain crucial.
A sourced map of Avalanche's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on Avalanche and the wider market, hosted by our team, will appear here once episodes are live.