Avalanche (AVAX) reached #10 by market cap, passing both Dogecoin and Shiba Inu in the past 24 hours. The so-called Ethereum killer is not the second crypto’s only competitor. There are five other Layer-1 tokens that directly compete with Ether. Here’s where to buy AVAX now.
Top places to buy AVAX now
eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.
Public is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place.
What is AVAX?
Avalanche functions as a platform for decentralized applications and custom blockchain networks. It aims to displace Ethereum by having a higher transaction output – up to 6,500 transactions per second – but not at the expense of scalability. This is made possible by Avalanche’s unique architecture.
Supporters of the token launched a fund called Blizzard earlier this month, which registered an impressive $220 million in seed funding from participants the likes of CMS Holdings, Three Arrows Capital, and Dragonfly Capital.
Should I buy AVAX today?
Ever since Ava Labs CEO Emin Gün Sirer announced a tie-up with “Big Four” accounting firm Deloitte on Nov. 16, AVAX has been rallying. What’s more, top stablecoin Tether announced support for the Avalanche blockchain on Wednesday last week. Its future looks bright.
AVAX price prediction
According to Wallet Investor, a long-term increase in AVAX’s price is expected. The price prognosis for 2026 is $333 per 1 AVAX. If you put $100 in AVAX now, your investment may be up 147% in 5 years.
AVAX on social media
— Crypto StrateGy 🇹🇷 (@Kriptoadam48) November 21, 2021
— Dobromir Zlatev (@HodlYourBreath) November 21, 2021