Avalanche (AVAX) About to Flippen Ethereum (ETH) in Transaction Volume

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Avalanche (AVAX) About to Flippen Ethereum (ETH) in Transaction Volume
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.el33th4xor has touted avalancheavax’s attractiveness for fee-sensitive users

According to data provided by DefiLlama, Avalanche is the fifth-biggest smart contract platform with $8.17 billion in total value locked .

The blockchain averaged 475,000 daily transactions during the fourth quarter of 2021, according to Messari. Ethereum, on the other hand, averaged 1.25 million transactions per day. The firm notes that the blockchain is attractive for “fee-sensitive” users: Given this rapid adoption, Avalanche is becoming an enticing platform for upcoming projects that want to maintain EVM compatibility while attracting fee-sensitive users.has noted that the average fee for a swap operation on Avalanche stands at $0.23 compared to Ethereum’s $62.

In some follow-up tweets, he also dismissed concerns regarding the blockchain's perceived decentralization, claiming that the Ethereum blockchain is being produced by a small number of pools.

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