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 29.89 transactions per second
Avalanche Max TPS is 122.7 transactions per second
Avalanche Max Theoretical TPS is 1,191 transactions per second
Avalanche transaction volume is 107,592 transactions
Avalanche block time is 1.1s
Avalanche finality is 2s
Avalanche has 1,028,557,274 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 28
Avalanche has 736 validators
Avalanche stake is $2.072B
Avalanche consensus mechanism is Proof of Stake (PoS)
Avalanche governance is on-chain

Developer Activity Metrics:
Avalanche has 796 developers
Avalanche has 111 repos
Avalanche has 75,390 commits
Avalanche has 6,768 stars
Avalanche has 1,196 watchers

Financial Metrics:
Avalanche revenue is $7.334K
Avalanche average transaction fee is $0.002667
Avalanche price is $9.242
Avalanche market cap is $3.991B
Avalanche fully diluted valuation (FDV) is $6.615B
Avalanche market cap to FDV ratio is 60.32%