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Aventus

AVT

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About Aventus

AVT is an Ethereum token that powers Aventus, a scaling solution for Ethereum that aims to provide faster and cheaper transactions. Transaction processors stake AVT in order to secure the network and are then rewarded with network fees. Aventus also plans to allow AVT holders to vote for upgrades.

Aventus (AVT) is a layer-2 blockchain protocol that aims to enhance the functionality of Ethereum transactions by addressing scalability issues, high costs, and slow transaction speeds. Built on Substrate, Aventus is designed to be a layer-2 solution not only for Ethereum but also for Polkadot and beyond, with the intention of fostering mass blockchain adoption through cross-chain functionality. It aims to provide enterprises with the scale, speed, and cost-effectiveness they need, while maintaining security across multiple blockchain networks.

Aventus operates by allowing businesses to build on top of the Ethereum network using its second-layer protocol. This approach aims to solve the scalability issues that Ethereum faces due to its limited transaction throughput. The Aventus Network (AvN) can theoretically handle up to 2,000 transactions per second, a capacity higher than Ethereum's. Furthermore, the AvN aims to process a token transfer within 0.13 seconds, a quicker time than the Ethereum blockchain. The average transaction cost on the Aventus Network is intended to start at just $0.01 (paid in AVT) and decrease over time, making it a cost-effective solution for businesses.

Aventus seeks to be a versatile solution with a wide range of potential use cases. It aims to be beneficial in managing financial assets and supply chains, as well as in implementing rewards and loyalty programs. Aventus also strives to play a role in the live entertainment industry and in the creation and management of Non-Fungible Tokens (NFTs). Furthermore, it intends to ensure data integrity and facilitate the development of decentralized applications. By enabling enterprises to integrate with Web3, Aventus seeks to help them generate new revenue streams, improve operational efficiencies, and future-proof their businesses.

The history of Aventus is marked by its continuous efforts to address the challenges facing the blockchain community, particularly in terms of interoperability between blockchain networks. Aventus' integration into Polkadot is a step towards making this interoperability a reality. The protocol has undergone extensive testing, with one enterprise reporting an 80% decrease in balance sheet debt after six months of testing on the Aventus Network. Aventus has also been recognized for its potential to bring efficiencies to industries such as airline cargo management. Its commitment to delivering useful, interoperable solutions has received the trust and support of various partners and investors.

Market

Spain Market Stats

Market cap

€19.5M

Volume (24h)

€390,528.88

Circulating supply

6.0M AVT

Typical hold time

3 days

Popularity

#901

All time high

€10.23

Spain Market performance

Price change (1h)

-0.02%

Price change (1d)

-0.56%

Price change (1w)

+10.28%

Price change (2w)

+3.88%

Price change (1m)

-7.09%

Price change (1y)

+258.25%

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Social

Some highlights about Aventus on social media

1 unique individuals are talking about Aventus and it is ranked #495 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Aventus has an average sentiment score of 3 out of 5. Finally, Aventus is becoming more newsworthy, with 0 news articles published about Aventus. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bearish about Aventus. There were 9.41% of tweets with bullish sentiment compared to 90.59% of tweets with a bearish sentiment about Aventus. 0% of tweets were neutral about Aventus. These sentiments are based on 170 tweets.

On Reddit, Aventus was mentioned in 0 Reddit posts and there were 0 comments about Aventus. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

1 people

Posts

184 posts

Dominance

0%

Volume rank

#495

Average Sentiment

3 out of 5

Twitter

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Aventus is on the rise this week.

The price of Aventus has decreased by 0.02% in the last hour and decreased by 0.56% in the past 24 hours. Aventus’s price has also risen by 10.28% in the past week. The current price is €3.25 per AVT with a 24-hour trading volume of €390.53K. Currently, Aventus is valued at 68.27% below its all time high of €10.23. This all-time high was the highest price paid for Aventus since its launch.

The current circulating supply of Aventus is 6,000,000 AVT which means that Aventus has as total market cap of 6,000,000.

FAQ

What is the current price of Aventus?

We update our Aventus to EUR currency in real-time. Get the live price of Aventus on Coinbase.

What is the market cap of Aventus?

The current market cap of Aventus is €19.48M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Aventus?

The all-time high of Aventus is €10.23. This all-time high is highest price paid for Aventus since it was launched.

What is the 24 hour trading volume of Aventus?

Over the last 24 hours, the trading volume of Aventus is €390.53K.

What other assets are similar to Aventus?

Assets that have a similar market cap to Aventus include NEST Protocol, Æternity, Staked WEMIX, and many others. To see a full list, see our comparable market cap assets.

How many Aventus are there?

The current circulating supply of Aventus is 6 million.

What is the typical holding time of Aventus?

The median time that Coinbase customers hold Aventus before selling it or sending it to another account or address is 3 days.

What is the relative popularity of Aventus?

Aventus ranks 191 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Aventus?

Currently, 90% of Coinbase users are buying Aventus. In other words, 90% of Coinbase customers have increased their net position in Aventus over the past 24 hours through trading.

Can I buy Aventus on Coinbase?

Yes, Aventus is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Aventus guide.