Avalanche is well on its way to ousting the Ethereum blockchain in several areas. All lights are green for AVAX to outperform ETH. The Avalanche cryptocurrency is on the rise in various sectors, whether in terms of traffic, supply chain, usage or status.
Avalanche (AVAX) vs Ethereum (ETH) Comparison
This comparison concerns traffic, supply, use and status.
Avalanche vs Ethereum traffic comparison
On the network Avalanchehere is the traffic :
- Fee per transfer: 0.383
- Delay: 2 sec
- Traffic (GST funds): 0.104/sec
On the network Ethereumhere is what it is:
- Fee per transfer: 0.918
- Delay: 196 sec
- Traffic (GST funds): 5.35/sec
All these indicators therefore lean in favor of the crypto AVAX.
Avalanche vs Ethereum Supply Chain Comparison
On Avalanchehere are the numberssupply :
- Supply available: 39%
- Inflation: 6%
- APY annual staking: 9%
On EthereumI’supply happens as follows:
- Supply Available: None
- Inflation: 3%
- APY annual staking: 4%
In this branch, the power of Avalanche is notable against Ethereum.
Avalanche vs Ethereum Usage Comparison
On both platforms, there are three features present, namely:
- Smart contract
- Retail gateways
- Sovereign portfolios
Avalanche vs Ethereum Status Comparison
It’s the same for status, two cryptocurrencies offer the same criteria :
- Verified public nodes
- Decentralized nodes
Highlights of Avalanche’s AVAX Cryptocurrency
Avalanche is the blockchain platform for executing smart contracts the fastest on the network. It uses a consensus algorithm AVA which focuses on the proof of stake. Here are the benefits of using Avalanche:
- Create DApps to improve the platform
- Launch your own network with a good infrastructure
- Make P2P loans
- A big step towards Web 3.0 or the Internet of Money.
Avalanche aims to become a central hub and exchange for crypto and traditional financial transactions.
The weak points of the AVAX crypto
Despite many advantages, Avalanche has some black spots like:
- The number of developers which is lower than on other layer 1 blockchains
- A fairly considerable price drop since the beginning of 2022
Conclusion :
Avalanche is well on its way to dethroning the giant Ethereum. Various reasons for this: lower gas fees, better speed, its revolutionary DeFi technology and Web 3.0 which is coming its way. That said, Ethereum has not said its last word with the advent of Ethereum 2.0 which could well be a game changer.
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