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 22.24 transactions per second
Avalanche Max TPS is 241.3 transactions per second
Avalanche Max Theoretical TPS is 1,191 transactions per second
Avalanche transaction volume is 79,989 transactions
Avalanche block time is 1.27s
Avalanche finality is 2s
Avalanche has 1,371,182,238 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 26
Avalanche has 685 validators
Avalanche stake is $1.388B
Avalanche consensus mechanism is Proof of Stake (PoS)
Avalanche governance is on-chain

Developer Activity Metrics:
Avalanche has 828 developers
Avalanche has 115 repos
Avalanche has 80,069 commits
Avalanche has 6,807 stars
Avalanche has 903 watchers

Financial Metrics:
Avalanche revenue is $4.201K
Avalanche average transaction fee is $0.001988
Avalanche price is $6.264
Avalanche market cap is $2.705B
Avalanche fully diluted valuation (FDV) is $4.483B
Avalanche market cap to FDV ratio is 60.32%