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AVAIL Price
$0.11104
-2.45%
Market Cap
$206.26M
24H Volume
$3.02M
Circ Supply
1.86B

AVAIL Market Stats

  • Price $0.11104
  • 1H Change -1.02%
  • 24H Change -2.45%
  • 7 Day Change +2.12%
  • 30 Day Change -12.69%
  • All-Time High $0.18451
  • % From ATH -39.71%
  • ATH Date Jul 29, 2024
Statility

Avail Info

The permissionless nature of web3 has fostered the development of groundbreaking technologies that power a thriving ecosystem. However, this ecosystem faces multiple challenges in achieving the scale required for mass adoption. Despite the incredible scaling technologies built across the full breadth and depth of the Web3 tech stack, the need for all these technologies to operate cohesively as a whole for end users, while remaining true to the decentralized ethos, remains unmet.

Fragmentation and Onboarding Challenges

Cross-ecosystem transactions are cumbersome and difficult, leading to further fragmentation in an already fragmented ecosystem. User adoption efforts need to be redirected towards onboarding net-new users instead of pulling them between existing communities. A unification layer is necessary to address these challenges.

Avail’s Approach to Web3 Unification

Avail aims to accelerate the unification of Web3 using its cutting-edge modular technology stack that combines data availability, aggregation, and shared security. To achieve this, Avail has been building its Unification Layer, which consists of three key components:

  1. Data Availability (DA) Layer: The foundational layer that ensures immediate and reliable data availability, enabling rollups to grow, connect, stay secure, and adapt.
  2. Nexus Unification Layer: The layer that unifies the ecosystem by providing a scalable and secure platform for cross-ecosystem transactions.
  3. Fusion Additive Security Layer: An additional security layer that enhances the overall security of the ecosystem.

Anchoring the Web3 Ecosystem

Avail stands to anchor the entire Web3 ecosystem with its scalable and cutting-edge data availability layer. By leveraging validity proofs that utilize KZG Polynomial commitments, Avail ensures reliable data availability, enabling rollups to thrive and the ecosystem to unify seamlessly.

Avail Technical Info

  • Blockchain Own Blockchain

Avail News

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