Try Quests to earn MATICPolygon VS Avalanche comparison
take a look at native coins of avalanche and polygon chains and compare them on differrent metrics. To see how far they are from each other due to swaps, token transfers, NFTs and overall users and transactions.use any additional metrics you see fit to the analysis
In this analysis you will gain enough informations about Polygon and Avalanche. First we are going to take an overall look into the chains then head forward to token transfers comparison between the Two and Also see the NFT stats lastly the swaps.
The timeframe on this dashboard is user-selectable, And the default timeframe is based on weekly graphs.
Tables used for this Analysis are:
1.core.fact_transacions
2.core.ez_token_transfers
3.core.dex_swaps
4.core.dim_labels
5.core.fact_hourly_price
Polygon is a Layer 2 blockchain that aims to help Ethereum with its scalability.
By acting as a Layer 2 protocol, Polygon doesn’t aim to duplicate Ethereum’s functionality. Instead, it helps improve transaction speeds and lower costs for developers.
MATIC is Polygon’s native cryptocurrency. It is an ERC-20 token, a token created on the Ethereum blockchain.
This token is used to govern and secure the Polygon network and pay the network’s transaction fees.
Unlike some other cryptocurrencies with unlimited supply, the supply for MATIC is limited, with about $7.4 billion in circulation. There will never be more than 10 billion coins in circulation.
Avalanche (AVAX) is a cryptocurrency and blockchain platform that rivals Ethereum. AVAX is the native token of the Avalanche blockchain, which—like Ethereum—uses smart contracts to support a variety of blockchain projects.
The Avalanche blockchain can provide near-instant transaction finality. AVAX is used to pay transaction processing fees, secure the Avalanche network, and act as a basic unit of account among blockchains in the Avalanche network.
The Avalanche blockchain reportedly can process 4,500 transactions per second. 1 Launched in 2020, Avalanche aims to be fast, versatile, secure, affordable, and accessible. 2 In addition, Avalanche is an open-source project, meaning anyone can view and contribute to the platform's code.
