AVAXAvalanche: history, founders and key events
From Sep 21, 2020 to today, every major rally, crash and upgrade, each with a dated, sourced price.
Open the interactive timelineLatest close in our data: $10.04 (Coinbase Exchange AVAX/USD daily close, 2026-10-14).
Origin story
Avalanche is built on a family of consensus protocols first described in 2018 by a pseudonymous group called Team Rocket and developed by Cornell professor Emin Gun Sirer and his students at Ava Labs.
The mainnet launched on September 21, 2020 with three built in chains, including the Ethereum compatible C-Chain.
Founders: Emin Gun Sirer, Kevin Sekniqi and Maofan (Ted) Yin of Ava Labs.
Source: Binance AVAX/USDT daily closes 2020-09-22 to 2021-09-29; Coinbase Exchange AVAX/USD daily closes 2021-09-30 to 2026-10-14. Fetched Oct 14, 2026 from free public APIs. Click a dot for the event and its price on that day.
Browse by year
Key events
- Sep 21, 2020launch
Avalanche mainnet launch
Ava Labs launches the Avalanche network. - Sep 22, 2020milestone
First daily close in our data $5.32 (Binance AVAX/USDT daily close, 2020-09-22)
Our sourced AVAX price history begins on this day. - Aug 18, 2021rally
Avalanche Rush incentives $29.99 (Binance AVAX/USDT daily close, 2021-08-18)
A 180 million dollar DeFi incentive program begins. - Nov 22, 2021rally
Highest close in our data $135.29 (Coinbase Exchange AVAX/USD daily close, 2021-11-22)
The highest daily close for AVAX in our price history. - Jun 19, 2026crash
Lowest close after the peak $5.89 (Coinbase Exchange AVAX/USD daily close, 2026-06-19)
The lowest AVAX close in our data after its highest close.
Updated
Sources
- Avalanche docs
- Avalanche consensus paper (arXiv)
- Snowtrace explorer
- Wikipedia: Avalanche (blockchain platform)
Facts written in our own words. Last checked Oct 14, 2026.