Avalanche describes itself as a blockchain platform built for businesses to use. Of the 1 thing it promised, it delivered 0, 1 is still open; the next dated step is 22 September 2026. It trades at $7.47, #31 of all coins by size, 95% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. Delivered 0 of 1, none late. Next step in 7 days. #17 of 166 smart contract platforms. Nothing to be careful of on the record.
Is it real?
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Passes all four
- ✓A real-world jobReal-world purpose: a platform other apps build on
- ✓Real backingBacking: backed by DragonFly Capital; in the GMCI 30 Index; trades on Coinbase, Crypto.com, Kraken
- ✓Something aheadAhead: next dated step 22 September 2026
- ✓Room to growRoom: worth $3.3B, 91 times smaller than Ethereum, the biggest coin within reach doing the same thing (Smart Contract Platform)
Backed by DragonFly Capital and 3 more
- Origin31 December 2020about about 5 yearsTagged Made in USA on CoinGeckoavax.network, GitHub, Whitepaper, Wikipedia
- DevelopersEmin Gün SirerFounders per WikidataDeveloper: Ava LabsCode activity not checked
- BackingDragonFly Capital, Andreessen Horowitz (a16z), Galaxy Digital, Polychain CapitalInvestor tags from CoinGeckoIndex: GMCI 30 Index, GMCI Index, Coinbase 50 IndexListed on Coinbase, Crypto.com, Kraken, Bitstamp
- Standing on the record0 of 10 confirmed by outside news82 headlines last month, 3 about government496,470 people keep it on a CoinGecko watchlistNo corrections needed so far
- Real-world purpose: a platform other apps build on
- Backing: backed by DragonFly Capital; in the GMCI 30 Index; trades on Coinbase, Crypto.com, Kraken
- Ahead: next dated step 22 September 2026
- Room: worth $3.3B, 91 times smaller than Ethereum, the biggest coin within reach doing the same thing (Smart Contract Platform)
It is already worth more than the typical coin in Smart Contract Platform ($107.87M). To match the leader, Ethereum ($301.61B), its price would need to rise 9033%, to about $682.27.
Still to check
- 1 dated promises, none delivered yet
- Years younger than the group's leader
What to do Add it to My coins and come back on 22 September 2026, when it says it will deliver: Avalanche says it will roll out a network upgrade called Helicon on September 22, 2026. That step adds use of the coin, which is what a bigger market cap has to come from. If it lands, the record moves; if it slips, so does the case.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
0 of 1
promises delivered, by the project's own pages
0 of those confirmed by an outside news report
Promises by the year they were due
delivered open past due
delivered open past due, not yet checked today. Click a point to open that promise.
- Open22 September 2026Avalanche says it will roll out a network upgrade called Helicon on September 22, 2026, which lets staking renew automatically, shortens the minimum staking period, and adds a feature called Continuous Execution.7 days away
What is next, and when?
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7 days
until 22 September 2026: Avalanche says it will roll out a network upgrade called Helicon on September 22, 2026, which lets staking renew automatically, shortens the minimum staking period, and adds a feature called Continuous Execution.
Everything still to come, soonest first
- 22 September 2026Avalanche says it will roll out a network upgrade called Helicon on September 22, 2026,…7 days
Recorded 10 September 2026. Date moved 0 times. The ring is how much of the time between the promise and its date has passed.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
A platform other apps build on
35 coins we checked say they are for a platform other apps build on, worth $393.62B together. #5 of 35 by worth.
Smart Contract Platform: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Avalanche$3.3Bthis coin+1.0%61% out0 of 1 delivered
Ethereum$301.61B91.3× bigger, +$298.31B−2.1%, gap −3.0no max15 of 20 delivered
BNB$95.27B28.9× bigger, +$91.97B−1.2%, gap −2.267% outno record
XRP$87.28B26.4× bigger, +$83.97B+0.0%, gap −1.063% out2 of 3 delivered
Solana$58.89B17.8× bigger, +$55.58B−1.3%, gap −2.3no maxnone dated
TRON$32.06B9.7× bigger, +$28.76B−0.5%, gap −1.5no maxno record
Zcash$19.3B5.8× bigger, +$15.99B−0.1%, gap −1.181% outnone dated
Hyperliquid$17.5B5.3× bigger, +$14.19B−1.5%, gap −2.522% outnone dated
Smart Contract Platform: this coin next to Ethereum, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Avalanche says
- Avalanche describes itself as a blockchain platform built for businesses to use.
- Ethereum says
- Ethereum is a shared computer network that lets people hold and use their own money, records and online identity without a company in the middle.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Avalanche describes itself as a blockchain platform built for businesses to use.
Its listing puts it this way: Avalanche is a high throughput smart contract blockchain platform. Validators secure the network through a proof-of-stake consensus protocol.
Problem it says it solves: a platform other apps build on. 52 coins we have checked say the same; together they are worth $408,727,547,844.
Where it trades: Coinbase, Crypto.com, Kraken, Bitstamp, Binance
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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Smart Contract Platform: this coin next to the group's largest, Ethereum.
| Avalanche | Ethereum | |
|---|---|---|
| Years trading | 6 years | 11 years |
| Major exchanges | 10 | 9 |
| Named backers | 4 | 3 |
| Headlines, last month | 82 | 545 |
| Promises delivered | 0 of 1 | 15 of 20 |
What it says is different: Avalanche is a high throughput smart contract blockchain platform. Validators secure the network through a proof-of-stake consensus protocol.
It is 1.1% the size of Ethereum. On the facts above it is behind on years trading, headlines, last month, promises delivered. For that gap to close, the record would need deliveries showing up in its record. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $144.96 on 21 November 2021. Today is 5% of that.
61%
of all AVAX that will ever exist is already out in public hands: 442.52M coins.
39% (277.48M coins) is not yet created or held by the project. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Pays for every use of its network
Every transaction on its network pays a fee in it. That is the built-in reason anyone needs it.
- Every transaction on its network pays a fee in it
- Can be staked to earn a share of network rewards
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 442.52M of 720M.
- 277.48Mcoins still to be released, 39% of the maximum. Releases can add selling pressure.
- 1.1×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $144.96 on 21 November 2021. That is −94.8% from the top.
- #31by market cap, $3,302,243,169.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
- $478.64M is locked in apps built on it right now
- Users paid $123.14K in fees to use it in the last 30 days, $123.14K of that kept by the network
From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.
What the news says
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Headlines per day, last 30 days
82 headlines named this coin in the last month.
What they were about
- Tokenization18
- Upgrade13
- Price10
- Banks3
- Regulation2
- ETF1
- TON Dominates Layer 1 Transactions, Outpacing Ethereum and Avalanche, Trailing Only Solana
- Bitcoin mortgages push crypto deeper into real-world finance
- Best Crypto Coins 2026: Could Apeing Explode Next? 410M+ Tokens Sold as AVAX, DOT Buzz
- TON Dominates Layer 1 Transactions, Outpacing Ethereum and Avalanche, Trailing Only Solana
- Arya.ag puts $2B grain records onchain
- India is Tokenizing Grain on Avalanche: Could This Change Commodities Trading
- Arya.ag Moves $2 Billion in Indian Grain Records to Avalanche Blockchain
- Avalanche Declines 4.77% Amid Market Pullback and Technical Rejection
- Arya.ag Plans to Tokenise Grain Ownership Records on AvalancheUpcoming
- India’s Arya.ag to put grain ownership records on Avalanche
- One Cryptocurrency Trading Below the Resistance Levels- Avalanche (AVAX)
- Indian agri warehouse giant is putting $2 billion in grain-backed loans onchain
- India’s Arya.ag to put grain ownership records on AvalancheUpcoming
- Animoca Brands Backs Ava Labs To Grow Avalanche in Asia and Middle East
- Top South Korean Firm selects Avalanche for tokenization: Guest Post by BSCN
- $200B Hanwha builds tokenized securities platform on Avalanche as AVAX climbs
- Avalanche Hits a Major Threshold, Triggering the Beginning of a New Phase
- Avalanche (AVAX) Surges 3.79% on Institutional Catalyst
- 18K+ Whitelisted. 24 Hrs Left: Next Big Crypto Launches as BNB & AVAX SurgeUpcoming
- South Korea’s Hanwha Is Building a Tokenization Platform on Avalanche – and It Is Not Alone
- Hanwha launches tokenized securities platform on Avalanche, AVAX price jumps 5%Upcoming
- South Korea’s Hanwha Advances Tokenized Securities With Avalanche Platform as Regulations EvolveGovernment
- Ethereum, Solana, Avalanche Are Booming, so Why Are Prices Down 50%?
- Hanwha Builds Tokenized Securities Platform on Avalanche Ahead of South Korea LawGovernment
- AVAX crypto eyes $8.65 – But first, Avalanche must hold THIS support
- Avalanche (AVAX) price rebounds above $7, showi...
- Hanwha to launch blockchain securities platform on Avalanche targeting $250B market by 2027Upcoming
- AVAX crypto eyes $8.65 – But first, Avalanche must hold THIS support
- Hanwha taps Avalanche for tokenized securities platform in South Korea
- Layer One: Inside Ethena's new neobank built exclusively on AVAX
- Avalanche (AVAX) Gains 3.6% on Payments, Tokenization, Market
- South Korea Plans to Move $5.36 Trillion in Securities Onto a BlockchainUpcoming
- Learn All Crypto Topics | Phemex Academy
- Korea Puts Stocks, Bonds and Funds Onchain by 2027 Powered by Avalanche
- BENQI to Participate in Avalanche Summit NYC in New York on September 16th
- Avalanche (AVAX) Rises 4.65% Amid Broad Rally and Tokenization News
- Bitwise Launches Avalanche ETF With Staking PlansGovernmentUpcoming
- Ethena Launches Ethena Pay Digital-Dollar App on AvalancheUpcoming
- Ethena Jumps 7% After Launching Avalanche-Powered NeobankUpcoming
- Ethena Pay Goes Live in 48 Countries With 6% Yield and AVAX Cashback
82 headlines in the last month.
Headlines are the publishers' own. News is never placed next to price.
The record itself
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy
Avalanche describes itself as a blockchain platform built for businesses to use.
“Avalanche is the blockchain platform designed for real businesses solving real problems at scale.”source · snapshot · captured 2026-09-10
Live. The record does not yet cite when this stage began.
0 of 1 promise delivered. 1 open.
Others in smart-contract platforms: Internet Computer 20 of 23, Ethereum 15 of 20, Ozone Chain 13 of 30, Starknet 10 of 24, and 28 more.Others in interoperability networks: Internet Computer 20 of 23, Artificial Superintelligence Alliance 7 of 43, Algorand 2 of 7, Zilliqa 2 of 26, and 9 more.
No public code repository is listed in this record.
The project's announcements page last changed on 14 September 2026.
Next deadline: 22 September 2026, in 7 days.
This record was drafted by a machine from captured pages and has not yet been checked by a person. Treat every line as unverified until that note changes.