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 241.3 transactions per second
Avalanche Max Theoretical TPS is 1,191 transactions per second
Avalanche transaction volume is 118,210 transactions
Avalanche block time is 1.22s
Avalanche finality is 2s
Avalanche has 1,380,929,652 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 670 validators
Avalanche stake is $1.401B
Avalanche consensus mechanism is Proof of Stake (PoS)
Avalanche governance is on-chain

Developer Activity Metrics:
Avalanche has 828 developers
Avalanche has 116 repos
Avalanche has 80,132 commits
Avalanche has 6,810 stars
Avalanche has 903 watchers

Financial Metrics:
Avalanche revenue is $6.174K
Avalanche average transaction fee is $0.00214
Avalanche price is $6.404
Avalanche market cap is $2.765B
Avalanche fully diluted valuation (FDV) is $4.584B
Avalanche market cap to FDV ratio is 60.32%