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 32.85 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 118,277 transactions
Avalanche block time is 1.45s
Avalanche finality is 2s
Avalanche has 857,156,196 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 30
Avalanche has 816 validators
Avalanche stake is $3.125B
Avalanche consensus mechanism is Proof of Stake (PoS)
Avalanche governance is on-chain

Developer Activity Metrics:
Avalanche has 772 developers
Avalanche has 109 repos
Avalanche has 67,058 commits
Avalanche has 6,712 stars
Avalanche has 1,199 watchers

Financial Metrics:
Avalanche revenue is $8.729K
Avalanche average transaction fee is $0.003623
Avalanche price is $15.01
Avalanche market cap is $6.441B