Record-Breaking Activity on Avalanche: Transactions Reach 763,000 Amid NFT Trading Surge

COINOTAG reported on May 9th that, based on data from SnowTrace, the Avalanche C-Chain exhibited a remarkable surge in daily transactions, peaking at 763,000 on May 7th, marking its highest level since late February 2024. This surge highlights the growing adoption of blockchain technology in transactional activities. Furthermore, on May 8th, Avalanche recorded an impressive 746,000 active addresses, with 532,000 linked directly to the C-Chain. This growth can be attributed to an uptick in engagement within the realm of NFTs, specifically driven by heightened activity on OpenSea. According to data from Artemis, the past two days saw a notable increase in active addresses on the Avalanche C-Chain, predominantly fueled by users engaging in MapleStory Universe gaming transactions. This trend underscores the expansive possibilities that Avalanche presents within both decentralized finance and digital collectibles.