Avalanche$AVAX , launched in 2020 by Ava Labs and led by Emin Gün Sirer, is a high-speed, scalable smart contract platform. It aims to solve the blockchain trilemma (scalability, security, decentralization) using an innovative architecture of multiple chains
Consensus: Avalanche $AVAX Consensus (very fast & energy-efficient)
Architecture: Three main blockchains — X-Chain, C-Chain, P-Chain
TPS: Up to 4,500+ transactions per second
Use Case: DeFi, NFTs, gaming, enterprise solutions
Avalanche is known for ultra-low fees, fast finality, and a flexible structure. Its Subnet technology allows companies and projects to launch their own custom blockchains within Avalanche — a feature big brands are now exploring
AVAX$AVAX
has strong growth potential thanks to its tech and partnerships. It’s also one of the greenest platforms, making it attractive to eco-conscious investors and developers.
In 2023, Amazon Web Services (AWS) partnered with Avalanche to support blockchain adoption for businesses.