Avalanche is a blockchain ecosystem that aims to become a globally unified asset exchange platform. It allows businesses to easily deploy customizable smart contracts and blockchains for bonds, securities, NFT, P2P lending, and other financial products.
A unique Avalanche consensus is extremely fast, decentralized, scalable, and offers very low gas fees. The platform’s usability and a wide number of use cases have helped it gain strong traction: the AVAX coin has surged from $3.6 to $91.5 during 2021, showing a 25X price increase. The asset has entered the Top 15 cryptocurrencies list on CoinMarketCap.