Community Trust ScoreLikely Real
Gojo expressed: Looked into TVL growth and Daily transaction growth for each major L1 for ETH, BNB, SOL, LUNA, AVAX, MATIC, FTM, MOVR, LUNA, AVAX, have the highest TVL growth + AVAX has the highest transaction growth + Other than AVAX, # of transaction is almost flat.
Also looked into Active Wallet growth on each chain too AVAX has the highest growth ETH is almost flat SOL is decreasing.
In reply Emin Gun Sirer expressed: This is not the end, it’s not the beginning of the end, or even the end of the beginning. It’s just the very beginning, of a big growth phase, fueled by great tech.
Talking about NFTs Emin stated, “This is most definitely NOT investment advice. Do not buy NFTs thinking you’ll make money. Do not speculate on NFTs. If you lose money on NFTs, it’s solely your own fault.”
The flippening that matters: – Avalanche daily active users is approaching about 25% that of Ethereum. – TPS is now approaching 80% that of Ethereum, while prices remain low. What do?
Community Response: So are Avalanche users 3X as active as Ethereum users?
Ethereum and activity don’t go well together. It’s damn expensive. $23 to transfer a single ERC-20 token.
Avalanche is doing good stuff right now, but AVAX is far off Eth in a lot of other metrics (ie. value settled, tvl, ect)
The numbers speak for themselves. Right now, there are more active users in AVALANCHE than in ETH. Only the rich use ETH.
Prices should be a function of how much arbitrage is available in the system. This could mean something important for the close future.
Eventually AVAX will catch up and overtake it. It’s great to see how much the platform has grown in one year.
And it’s only the beginning, can’t wait for what’s coming next year. It will sweep everything away very soon, it’s time for ETH maxis to start moving into our ecosystem. 2022 will be a complete year of delightful numbers in every sense. It is too controlled by its people.
AVAX has also been outperforming every single DeFi asset like it was nothing. Hella scaring.
There is lot of support for AVAX-native assets.
I’m slowly becoming an AVAX Maxi and TBH it’s because of the community. Up Only. Let’s not be maxis. Maxis have consistently discredited themselves, lost a lot of money, and have generally been bad sources of advice to the few people around them. We should follow only that which is backed by science. If that’s away from AVAX, so be it. But it won’t be.
