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 30.02 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 108,082 transactions
Avalanche block time is 1.02s
Avalanche finality is 2s
Avalanche has 1,101,425,052 total transactions since its TGE
Avalanche is a layer 1 blockchain
Avalanche was launched on Sep 21, 2020 (5 years ago)

Decentralization Metrics:
Avalanche nakamoto coefficient is 29
Avalanche has 719 validators
Avalanche stake is $2.155B
Avalanche consensus mechanism is Proof of Stake (PoS)
Avalanche governance is on-chain

Developer Activity Metrics:
Avalanche has 802 developers
Avalanche has 113 repos
Avalanche has 76,731 commits
Avalanche has 6,779 stars
Avalanche has 1,201 watchers

Financial Metrics:
Avalanche revenue is $5.181K
Avalanche average transaction fee is $0.001751
Avalanche price is $8.971
Avalanche market cap is $3.873B
Avalanche fully diluted valuation (FDV) is $6.421B
Avalanche market cap to FDV ratio is 60.32%