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 31.46 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 113,271 transactions
Avalanche block time is 1.15s
Avalanche finality is 2s
Avalanche has 1,013,594,456 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 $2.294B
Avalanche consensus mechanism is Proof of Stake (PoS)
Avalanche governance is on-chain

Developer Activity Metrics:
Avalanche has 796 developers
Avalanche has 110 repos
Avalanche has 75,225 commits
Avalanche has 6,756 stars
Avalanche has 1,196 watchers

Financial Metrics:
Avalanche revenue is $8.362K
Avalanche average transaction fee is $0.003186
Avalanche price is $10.12
Avalanche market cap is $4.368B
Avalanche fully diluted valuation (FDV) is $7.241B
Avalanche market cap to FDV ratio is 60.32%