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 32.21 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 115,954 transactions
Avalanche block time is 1.39s
Avalanche finality is 2s
Avalanche has 995,005,666 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 760 validators
Avalanche stake is $2.5B
Avalanche consensus mechanism is Proof of Stake (PoS)
Avalanche governance is on-chain

Developer Activity Metrics:
Avalanche has 794 developers
Avalanche has 110 repos
Avalanche has 74,882 commits
Avalanche has 6,751 stars
Avalanche has 1,197 watchers

Financial Metrics:
Avalanche revenue is $5.032K
Avalanche average transaction fee is $0.001914
Avalanche price is $11.69
Avalanche market cap is $5.043B
Avalanche fully diluted valuation (FDV) is $8.369B
Avalanche market cap to FDV ratio is 60.25%