Token Relations has announced the launch of new dashboards focused on the Avalanche ecosystem, offering users access to real-time metrics and analytics.
Key Features of the Dashboards
Developed in partnership with Ava Labs, the dashboards provide insights into Total Value Locked (TVL), token prices, staking activity, transaction volumes, and active wallet addresses. Currently, they cover over $1.6 billion in TVL and over 3.2 billion transactions processed on Avalanche.
Significance for the Avalanche Ecosystem
The launch of the dashboards emphasizes the growing need for analytical tools as the Web3 industry expands. As stated by Token Relations CEO Jacquelyn Melinek, "Avalanche is one of the fastest growing ecosystems across the Web3." This solution sets a new standard for visualizing and interpreting blockchain data, providing users with the necessary tools for informed decision-making.
Future Development Prospects
Token Relations plans to expand the dashboards’ functionality in the future, including deeper integrations, enhanced visualizations, and support for additional blockchain ecosystems. Matthew Schmenk, Senior Ecosystem Growth Associate at Ava Labs, noted that "access to reliable, real-time data is essential for anyone building or participating in the Avalanche ecosystem."
The innovative dashboards from Token Relations provide transparency and a deeper understanding of the Avalanche ecosystem, contributing to its ongoing growth.
