BREAKING

Avalanche Network Surges to New Heights with 648,000 Active Addresses and Record Transactions

AVAX

AVAX/USDT

$6.419
-0.47%
24h Volume

$195,423,183.05

24h H/L

$6.496 / $5.998

Change: $0.4980 (8.30%)

Long/Short
71.8%
Long: 71.8%Short: 28.2%
Funding Rate

+0.0032%

Longs pay

Data provided by COINOTAG DATALive data
Avalanche
Avalanche
Daily

$6.411

-0.51%

Volume (24h): -

Resistance Levels
Resistance 3$8.0855
Resistance 2$6.8199
Resistance 1$6.5318
Price$6.411
Support 1$6.3439
Support 2$5.9997
Support 3$5.681
Pivot (PP):$6.4283
Trend:Downtrend
RSI (14):37.5

In a remarkable development for the Avalanche Network, recent data from SnowTrace indicates that the network reached a staggering 648,000 active addresses on May 18th. Notably, the Avalanche C-Chain contributed significantly, with its active addresses numbering 427,000. This surge pushed May’s total active addresses to an impressive 1.95 million, marking a historic peak for the platform.

Moreover, on May 15th, Avalanche saw an unprecedented transaction volume, with 12.35 million transactions executed, another all-time high that underscores the ecosystem’s growing vibrancy. The Avalanche C-Chain alone recorded approximately 890,000 transactions on that day. This uptick in activity is largely attributed to the burgeoning interest in the blockchain game MapleStory Universe and a spike in NFT transactions, highlighting the platform’s expanding user base and robust engagement in the decentralized finance sector.

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