AVAX is used to pay transaction fees and can be staked to secure the network. Avalanche is compatible with Solidity, Ethereum’s programming language , and can be used to deploy custom private or public blockchains as “subnets.”
Read moreDoes AVAX have a max supply?
AVAX is the native token for the Avalanche network and acts as a reward and payment system for customers. The AVAX token has a current circulating supply of 220,286,577, and a maximum supply capped at 720 million .
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