logo avalanche
Avalanche
AVAX
$27.25

Sector

Layer 1

Exchange Debut

2020-09-23

Market Cap

10,757,214,187

Maxim Supply

720,000,000

Circulating Supply

394,807,269

Circ. Supply(%)

54.83%
logo avalanche

Avalanche

AVAX

Price

$27.25

Market Cap

Sector

Exchange Debut

10,757,214,187
2020-09-23

Volume 24h

High 24h

Low 24h

338475041
28.542755669119
26.380305082119

Change 24h

Change 7d

Change 30d

-3.8219
-0.0289
7.376

Maxim supply

Circulating supply

Circulating supply(%)

720,000,000
394,807,269
54.83%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Avalanche cryptocurrency:

 

Avalanche is an innovative layer-one blockchain designed to compete with Ethereum by supporting decentralized applications and custom blockchain networks. With its unique three-pronged architecture consisting of the X-Chain, C-Chain, and P-Chain, Avalanche manages to achieve an impressive transaction throughput without sacrificing scalability. It demonstrates great potential as per the fundamental analysis of the Avalanche cryptocurrency, scoring 8.04 out of 10 in the assessment. Its distinguishing features and high score demonstrate Avalanche’s strong position in the competitive blockchain space.

SOCIAL & MASS MEDIA: Score 8.4 out of 10

The Avalanche project has performed well on social and mass media platforms, gaining a score of 8.4 out of 10. The project’s ability to attract followers, the activities of its social media administrators, its presence in the media, and the size of its communities on chat groups all scored perfect tens. However, there seems to be room for improvement in terms of community activity on social media pages, which was rated 2 out of 10.

AUDIT & SECURITY: Score 7.45 out of 10

For audit and security, Avalanche received a score of 7.45 out of 10. It scored particularly well for its liquidity on exchanges, scoring a 9.5 out of 10. This demonstrates a healthy level of activity and interest in the project. However, the results of audits and the transparency of information available to the public were a bit lower, indicating potential areas for improvement in terms of project security and transparency.

TOKENOMICS: Score 7.2 out of 10

The fundamental analysis of the Avalanche cryptocurrency reveals a token economy score of 7.2 out of 10. The project is mildly inflationary, scoring 6 out of 10 in this category, while the centralization of its monetary mass garnered a score of 8 out of 10, indicating a well-balanced system in this aspect.

ECOSYSTEM DEVELOPMENT: Score 8.2 out of 10

Avalanche has shown substantial progress in ecosystem development, earning a score of 8.2 out of 10. Its achievement of objectives and its plans to introduce new developments to the project were both highly rated. These factors signal strong potential for future growth and innovation within the Avalanche ecosystem.

TEAM & DEVELOPERS: Score 8.1 out of 10

With an experienced team and a considerable number of software developers, the fundamental analysis of the Avalanche cryptocurrency rates its team highly at 8.1 out of 10. This underscores the project’s capacity to deliver on its goals and continue driving innovation in its offerings.

PRODUCT & UTILITY: Score 8.4 out of 10

Avalanche’s product and utility received an impressive score of 8.4 out of 10. The utility of the product and tokens in the ecosystem were well regarded, with the product utility earning a score of 9 out of 10. This highlights Avalanche’s value proposition in the blockchain and cryptocurrency spaces.

PARTNERS & INVESTORS: Score 8.25 out of 10

The network of partners and investors for Avalanche is strong, earning it a score of 8.25 out of 10 in the fundamental analysis of the Avalanche cryptocurrency. The number and capacity of investors, as well as the number and quality of partners, were both positively rated, indicating a robust support network for the project.

Fundamental analysis of the Avalanche cryptocurrency – The final conclusion

Upon meticulous evaluation of the fundamental analysis of the Avalanche cryptocurrency, we can confidently state that Avalanche presents a potent blend of robust technology, a comprehensive ecosystem, an experienced team, and robust support from investors and partners. These attributes have undoubtedly contributed to its overall high score of 8.04 out of 10.

Avalanche’s layered architecture, which offers impressive transaction speed without sacrificing scalability, has been a game changer. This unique proposition sets it apart in the competitive blockchain industry, solidifying its ambition to rival Ethereum. The project’s plans for future developments and its track record in meeting objectives (8.2 out of 10 for ecosystem development) indicate a forward-thinking approach that will likely spur further innovation and growth.

In conclusion, while the fundamental analysis of the Avalanche cryptocurrency reveals a promising project with a high degree of potential, potential investors should be mindful of the noted areas for improvement. As always, we recommend conducting your own due diligence before making any investment decisions.

What is Avalanche?

Avalanche: A Unique Blockchain Approach

In a fundamental analysis of the Avalanche cryptocurrency, this layer-one blockchain stands out as a formidable competitor to Ethereum. It intends to become the leading platform for smart contracts and decentralized applications by offering a high transaction output, peaking at 6,500 transactions per second, without sacrificing scalability. It’s achieving this impressive feat through its distinctive architecture, where each chain caters to a specific use-case.

The Interoperable Trifecta: X-Chain, C-Chain, and P-Chain

Avalanche comprises three interoperable blockchains: the X-Chain for token creation and exchange, the C-Chain for hosting smart contracts and DApps, and the P-Chain for coordinating network validators and managing subnets. These chains work together to confront the blockchain trilemma, which posits that a blockchain cannot achieve decent decentralization at scale without high gas fees.

Solving the Blockchain Trilemma

The X-Chain functions similarly to Ethereum’s ERC-20 standard, using the Avalanche consensus mechanism to manage the native AVAX tokens and other assets. The C-Chain hosts smart contracts and DApps, equipped with an Avalanche Virtual Machine to enable EVM-compatible DApps. It utilizes the Snowman consensus mechanism. The P-Chain, also relying on the Snowman consensus, coordinates validators, tracks active subnets, and enables the creation of new ones. This division of tasks enables higher throughput without compromising on decentralization.

Enhancing Interoperability and Efficiency

In its fight against the blockchain trilemma, Avalanche improves its interoperability with other blockchains. It does this by employing a modular structure and two different consensus mechanisms, each tailored to the requirements of each blockchain in the ecosystem. Furthermore, Avalanche fosters its ecosystem with an array of DApps and DeFi, with numerous Ethereum-based projects integrating with it, further improving its bid to dethrone Ethereum.

Fundamental analysis of the Avalanche cryptocurrency

Avalanche - AVAX performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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