Avalanche Rumbles 21% Amid Record-Breaking Address Activity
The post Avalanche Rumbles 21% Amid Record-Breaking Address Activity appeared on BitcoinEthereumNews.com.
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Avalanche’s native token rose in tandem with a surge in on-chain activity. AVAX has been able to sustain a 25% increase in the last week, as the network hit two new highs. Daily transactions reached nearly 11 million on May 11, 2025. Active addresses jumped to 950,000—the most since June 2023. Related Reading Record Transaction High According to the Avalanche Foundation, the platform saw its single-day transaction count hit 10.8 million. That figure tops every previous high. It shows a burst of action across DeFi apps, gaming projects, and automated scripts. Some of those transactions come from bots, but many reflect real users swapping tokens or minting NFTs. Activity across the Avalanche network is surging, with milestones achieved on May 11th, 2025: 🔺 10.8M+ daily transactions — an all-time high🔺 950K active addresses — highest since June 2023🔺 Nearly 30M contracts deployed — and growing Momentum is building across the… pic.twitter.com/ZfN8PfoJqk — Avalanche Foundation 🔺 (@AvalancheFDN) May 12, 2025 Active User Growth Based on reports, nearly 950,000 addresses interacted with the network in one day. That is the strongest turnout in almost two years. Everyday people and developers both play a part. Nearly 30 million smart contracts have been deployed on Avalanche so far. Each new contract adds another tool or game for users. Source: Avalanche Foundation Price Moves And Market Trends AVAX broke above $24.55 resistance this week. That move linked up with a broader rally in top…
Filed under: News - @ May 13, 2025 9:22 pm