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 36.74 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 132,222 transactions
Avalanche block time is 1.01s
Avalanche finality is 2s
Avalanche has 1,344,226,634 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 27
Avalanche has 676 validators
Avalanche stake is $1.495B
Avalanche consensus mechanism is Proof of Stake (PoS)
Avalanche governance is on-chain

Developer Activity Metrics:
Avalanche has 825 developers
Avalanche has 115 repos
Avalanche has 79,842 commits
Avalanche has 6,786 stars
Avalanche has 921 watchers

Financial Metrics:
Avalanche revenue is $2.34K
Avalanche average transaction fee is $0.0008705
Avalanche price is $6.633
Avalanche market cap is $2.864B
Avalanche fully diluted valuation (FDV) is $4.748B
Avalanche market cap to FDV ratio is 60.32%