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

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.