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 41.24 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 148,406 transactions
Avalanche block time is 1.03s
Avalanche finality is 2s
Avalanche has 1,254,508,207 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 24
Avalanche has 659 validators
Avalanche stake is $1.86B
Avalanche consensus mechanism is Proof of Stake (PoS)
Avalanche governance is on-chain

Developer Activity Metrics:
Avalanche has 814 developers
Avalanche has 115 repos
Avalanche has 78,921 commits
Avalanche has 6,790 stars
Avalanche has 1,187 watchers

Financial Metrics:
Avalanche revenue is $2.878K
Avalanche average transaction fee is $0.001018
Avalanche price is $9.387
Avalanche market cap is $4.053B
Avalanche fully diluted valuation (FDV) is $6.718B
Avalanche market cap to FDV ratio is 60.32%