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Top Avalanche Ecosystem Tokens by Market Cap

Top Avalanche Ecosystem Tokens by Market Capitalization

Soon after Ethereum laid the foundation for a decentralized ecosystem and smart contracts, many blockchains were rolled out to address the loopholes with the ETH chain. The issues were mainly around scalability, transaction speed and fees. Avalanche is such a decentralized, open-source & smart-contract compatible that aims to deliver faster transactions at a low cost.

Launched just a couple of years ago in 2020, Avalanche is now among the top performing assets with a Total Value Locked of more than $3 billion. The most unique feature of the Avalanche chain is it achieves finality in just a second with a transaction throughput of more than 4500 TPS. This is equal to near-instant, much required for real-world usage. 

The avalanche network recently recorded a time high in daily transactions metric by crossing 1.51 million transactions. Further, the platform released an upgrade called AvalancheGo Verbier. Secondly, the platform also released an extension to support custom Avalanche subnets along with Ethereum & EVM compatible chains. 

Top Avalanche Blockchain Tokens by Market Capitalization

Crypto  24H Volume Current Price
Avalanche(AVAX) $131 million $28.75
Orion Protocol(ORN) $51.70 million $1.50
Chainlink(LINK) $517.93 million $8.88
SushiSWap(SUSHI)  $89.26 million $1.54
Frontier(FRONT) $5.36 million $0.28

Latest News on Avalanche Ecosystem Tokens

Avalanche (AVAX)

Additional Read: AVAX Whitepaper Summary

Orion Protocol(ORN)

Chainlink (LINK) 

Additional Read: Why is Chainlinnk Price Rising Today

Sushiswap (SUSHI) 

Frontier (FRONT) 

Avalanche is among the platforms which are working hard to progress within the DeFi space and mainly within the smart contracts. By offering relatively high speed at a low cost, the platform may give tough competition to the industry leaders. 

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