š„AVALANCHEš„
Market cap: $13.45 billion (INR 1.12 trillion)
Avalanche delivers two important features: fast transaction speeds and low transaction fees. AVAX also has a healthy total value locked (TVL) or amount of money deposited in decentralized finance. TVL is the total value of crypto assets deposited in a decentralized finance (DeFi) protocol, such as staking, lending or liquidity pools.
A high TVL indicates the popularity of a protocol and the adoption rate of a particular cryptocurrency. As of Feb. 2, 2024, Avalancheās was at $36.55 (INR 3,034).
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$AVAX