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 29.37 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 76,126,199 transactions
Avalanche block time is 1.04s
Avalanche finality is 2s
Avalanche has 1,282,859,507 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 21
Avalanche has 624 validators
Avalanche stake is $1.738B
Avalanche consensus mechanism is Proof of Stake (PoS)
Avalanche governance is on-chain

Developer Activity Metrics:
Avalanche has 814 developers
Avalanche has 114 repos
Avalanche has 79,046 commits
Avalanche has 6,778 stars
Avalanche has 950 watchers

Financial Metrics:
Avalanche revenue is $3.241K
Avalanche average transaction fee is $0.001227
Avalanche price is $9.928
Avalanche market cap is $4.286B
Avalanche fully diluted valuation (FDV) is $7.106B
Avalanche market cap to FDV ratio is 60.32%