Avalanche Avalanche AVAX
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Price
17.4 USD
% Change
1.19%
Market Cap
7.33B USD
Volume
231M USD
Circulating Supply
422M
521% from all time low
733% to all time high
9419% from all time low
310% to all time high
59% are in circulation
Circulating Supply
422,040,524.14017
Max Supply
720,000,000

Avalanche to Release Network Upgrade on March 6th

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Avalanche is set to undergo a network upgrade, dubbed Durango, on March 6. This upgrade will result in the termination of staking functionality on the Avalanche wallet website. The staking transaction types currently used by the wallet will be deprecated.

Event date: March 6, 2024 UTC

What is a hardfork?

The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, changes are periodically introduced into it. A hard fork represents changes that are not compatible with previous versions of software supporting the cryptocurrency network. In order to continue to mine the cryptocurrency, miners need to update the software.

In some cases, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash and EthereumPoW.

Avalanche 🔺
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The proposed Durango network upgrade is a week away on Mar. 6, which will end staking functionality on https://wallet.avax.network/, deprecating the staking txn types the wallet uses.

Get details in the wallet phase-out guide and migrate to Core🦉🔺 | Avalanche (AVAX) Wallet & Portfolio Stake 👇https://www.avax.network/blog/avalanche-wallet-phase-out-guide
AVAX Price Changes After Event Publication
4.18%
1 day
6.44%
2 days
58.48%
Now (Added 1 year ago)
The event is about to begin
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Added by Alika
Mar 1 17:45 (UTC)
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