What is Avalanche (AVAX), and who launched it?

Avalanche (AVAX) is a cryptocurrency that was launched by Ava Labs, a company founded by Emin Gun Sirer, Ph.D. Kevin Sekniqi, and Maofan "Ted" Yin. This is a layer-1 open-source blockchain platform that is designed to offer instant finality and secure decentralised application (DeFi) space.

How does AVAX space function? What are the 3 chains?

AVAX functions as a “network of networks” that consists of 3 core blockchains, each with unique functions: the Exchange Chain (X-chain) for asset creation and transfer, the Platform Chain (P-chain) for network management and validator coordination, and the Contract Chain (C-chain) for smart contracts.

What makes AVAX space better than Bitcoin and Ethereum?

Avalanche (AVAX) is better than Bitcoin and Ethereum in many ways because it's more scalable, offers instant finality, low latency, high throughput, secure space, and has a unique consensus mechanism and multiple chains that enhance its functionality. Moreover, it is more sustainable and eco-friendly than both of these crypto giants.

What are the utilities of AVAX?

AVAX has a unique Avalanche consensus, allows staking, is open source, and offers EVM compatibility, subnets, gaming and NFTs, smart contracts and DeFi, enterprise and institutional adoption, cross-border payment, and interoperability (Avalanche Warp Messaging, or AWM).

What is Avalanche Warp Messaging (AVM)?

Avalanche Warp Messaging (AVM) is a protocol of this space that allied cross-chain communication between the two networks on the Avalanche blockchain network and allows the verification and passing of the message without intermediation.

What is the subnet of AVAX space?

The subnet, also called subnetwork, is an essential contributor to AVAX space; it refers to the set of nodes and validators of this system that reach the consensus on the transaction' linked to the blockchain, making the entire system decentralised.

Who are the key investors and collaborators in AVAX?

The key investors of AVAX are Oasis Pro, Wine Capital Fund, The ERC3643 Association, Polychain Capital, Three Arrow Capital, Dragonfly Capital, Galaxy Digital, and more. The key collaborators of AVAX are Amazon Web Service (AWS), JP Morgan, Citi, Alipay + D Store, Andretti Formula E, Ava Labs & Dellottes, Aethir, and Togg.

Investment strategy for AVAX to minimise risk?

The investing strategy for AVAX to minimise risk is to consider diversifying your offering by balancing your long-term risk with active risk management. Try implementing dollar-cost averaging (DCA) by investing a fixed amount amid high volatility. Other than this, for passive income, stake on AVAX to earn rewards.

How is AVAX contributing to the gaming and NFTs sectors?

AVAX is making leaps in the gaming and NFTs sectors by providing scalability, low cost and high-speed blockchain infrastructure. Its subnet technology allows the game's developers to create and customise the blockchain with independent validators, allowing the zero-gas model to be implemented for a fun gaming experience. In the NFT space, AVAX offers creators and collectors a fast and affordable environment for minting, buying, and selling NFTs.

Where to secure AVAX holdings?

To secure the AVAX, holding a hardware wallet is a great place, like Ledger and Trezor. These wallets are best for long-term holding; on the other hand, for fast access and transactions, software wallets like Avalanche Wallet and MetaMadk are best.

Avalanche (AVAX) News: Latest Updates, Headlines & Analysis

Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

NewsLatest News

Akave Cloud Launches Decentralized Data Layer on Avalanche L1

Akave Cloud has introduced its new decentralization data layer on Avalanche L1, which is a high performance blockchain. This stratum incurs Filecoins storage data to help to provide a better safety and scalability of data. Akave is looking to offer decentralized solutions to regular cloud options using Avalanche and its futuristic infrastructure. Reducing data breaches, … Read more

July 10, 2025 5:53 AM GMT+03 mins read

Triparna Baishnab

Author

Avalanche (AVAX) News: Latest Updates, Headlines & Analysis

Akave Cloud Launches Decentralized Data Layer on Avalanche L1

Avalanche Filecoin Storage Bridge Launch Brings Verifiable Off-Chain Data Access to C-Chain DApps, Redefining How Web3 Developers Interact with Long-Term Decentralized Storage Solutions

Avalanche Reaches 2.2M Active Wallets as MaplestoryU and The Arena Supercharge On-Chain Activity, Fueling a 400% Monthly Growth Surge Across the Network

FIFA Builds Its Own Blockchain Layer 1 on Avalanche for Global Fan Experiences

Magic Square and Funtico Join Forces to Elevate Web3 Gaming Experience

Avalanche Becomes First Non-Ethereum Chain Integrated into Family App

Avalanche Summit 2025 Kicks Off with Global Livestream Access and Packed Agenda

Avalanche’s AVAX Token Surpasses $25 Amidst Major Network Upgrades and Institutional ETF Filing

Bitget and Avalanche Unite to Supercharge India’s Web3 Revolution

AVAX Hits $53: Will It Break $54.23 Resistance or Pull Back?

Avalanche Price Prediction: How 5thScape Is Spearheading the Next Crypto Revolution

Here’s Why Avalanche (AVAX) Pumped More Than 34% Over the Past Week

Avalanche (AVAX) Price Dips As Network Suffer Major Outage

Avalanche Foundation to Pump Part of $100M Fund Into Memecoins

Avalanche’s X-Chain and C-Chain Suffers Network Outage

Avalanche Foundation Launches $290M Program for Scalable “Subnets”

Crypto News: Avalanche Price Poised for $25? Key Signals Suggest a Major AVAX Breakout!

AVAX Price Surges as Avalanche Blockchain Redefines Finance with Smart Contracts

Avalanche to Hit $250 and Outperform Bitcoin by 2029, Says Standard Chartered’s Geoff Kendrick

Grayscale AVAX ETF: A New Era for Avalanche Blockchain Ecosystem and SEC Crypto Regulations

55% AVAX Drop: VanEck Files for Avalanche ETF Despite AVAX Price Crash

Visa and Avalanche Shake Up the Crypto Payments Game – What It Means for the Industry

Avalanche Weekly Price Analysis – March 15, 2025: Will AVAX Break Above $19.50 Resistance?

AAVE Price Prediction: Surprising 2025 Forecasts as Crypto Market Trends Point to a Breakout

AVAX Price Analysis of March 12, 2025: AVAX Bounces Back from $15.50, Are Bulls Targeting to Break $18 Next?

Latest Avalanche Update, Avalanche 9000 Catapulted The Firm’s Growth Across Network

AVAX Poised for a 40% Breakout: Will Bulls or Bears Take Control?

Avalanche (AVAX) Price Prediction, 2024, 2025-2030: Is $100 in Sight for AVAX Soon?

Avalanche (AVAX) Price Prediction, Dec. 6: The Crypto That Could Hit $115 or Crash—Here’s Why!