What can I do with Avalanche Crypto?

AVAX Price Statistics Avalanche Price$86.03Trading Volume24h$672,770,410.45 37.79%Volume / Market Cap0.02926Market Dominance1.14%Market Rank#10Avalanche price today, AVAX to USD live, marketcap and chart coinmarketcap.com › currencies › avalanche

According to its website, Avalanche claims to be the fastest smart contracts platform as measured by time-to-finality . Finality is the time taken by a blockchain network to validate a transaction and guarantee its execution.

AVAX serves as the Avalanche ecosystem’s medium of exchange. In other words, the token is used as currency within the network, typically for fee collection in transactions, incentives and many other use cases . It is also used for staking AVAX, which serves to secure the network.