Avalanche

Avalanche emerges as a rapid, scalable blockchain platform facilitating the seamless creation and deployment of dApps. Distinguished by its unique consensus mechanism, it's particularly good for DeFi applications, allowing high throughput and nearly instant finality. Its architecture allows for a network of interconnected blockchains, each safeguarded by dynamic subsets of validators, ensuring scalability while maintaining speed, reliability, and security.

Token symbol:
AVAX

Scalability Metrics:
Avalanche TPS is 53.87 transactions per second
Avalanche Max TPS is 176.6 transactions per second
Avalanche Max Theoretical TPS is 1,191 transactions per second
Avalanche transaction volume is 193,864 transactions
Avalanche block time is 1.02s
Avalanche finality is 2s
Avalanche has 1,183,099,333 total transactions since its TGE
Avalanche is a layer 1 blockchain
Avalanche was launched on Sep 21, 2020 (6 years ago)

Decentralization Metrics:
Avalanche nakamoto coefficient is 27
Avalanche has 666 validators
Avalanche stake is $2.118B
Avalanche consensus mechanism is Proof of Stake (PoS)
Avalanche governance is on-chain

Developer Activity Metrics:
Avalanche has 808 developers
Avalanche has 114 repos
Avalanche has 77,652 commits
Avalanche has 6,783 stars
Avalanche has 1,189 watchers

Financial Metrics:
Avalanche revenue is $7.722K
Avalanche average transaction fee is $0.002225
Avalanche price is $9.384
Avalanche market cap is $4.052B
Avalanche fully diluted valuation (FDV) is $6.717B
Avalanche market cap to FDV ratio is 60.32%