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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Avalanche Rumbles 21% Amid Record-Breaking Address Activity

Christian Encila
Christian Encila
Last Updated: May 13, 2025 8:00 pm
3 mins read
Avalanche

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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.

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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 tokens, leaving AVAX about 110% higher over the past 14 days. Bitcoin raced past $105,000, and risk assets rallied after a US-China trade deal was signed in Switzerland. Stocks opened sharply higher, and crypto followed suit. Traders say looser trade tensions often lift coins.

Avalanche is thriving going into Summit!

Can’t wait to share what we and our partners have been working on. Even these numbers will look minuscule in time. https://t.co/5JK5cjNjNV

— Emin Gün Sirer🔺⚔️ (@el33th4xor) May 12, 2025

Outlook For Avalanche Summit

The network is heading into its Avalanche Summit in London with strong momentum. Ava Labs founder Emin Gün Sirer posted on X that milestones like these “will look minuscule in time.” He hinted that bigger announcements lie ahead. If new partnerships or protocol upgrades arrive at the summit, both usage and AVAX price could get another boost.

The pullback in selling pressure has been in place since February. Now, buyers are stepping in again. That suggests confidence in Avalanche’s tech and its community. The token once hit an all-time high above $146 in November 2021. Since then, it has seen ups and downs, but the recent surge shows users and investors remain interested.

AVAX market cap currently at $10.3 billion. Chart: TradingView.com

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Analysts at Nansen voiced a bullish view, too. Aurelie Barthere said she expects altcoins, equities, and even the US dollar to climb together. That outlook depends on continued positive news—both from markets and from Avalanche itself.

For now, Avalanche stands among the top layer-1 blockchains in daily use. The numbers speak for themselves: 10.8 million transactions on a single day, nearly 1 million active addresses, and millions of contracts ready to go.

Featured image from Gemini Imagen, chart from TradingView

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Christian Encila
Christian Encila

Christian Encila

Christian Encila is a journalist, editor, crypto analyst, and virtual assistant focused on storytelling, financial markets, and digital media. He blends strong writing skills with in-depth analysis, turning complex information into clear, accessible insights.

Read more

His writing began in college as a feature writer for his school publication, building research and storytelling skills. He later worked as an editor at a data engineering firm, gaining recognition for writing and discipline.

He expanded internationally in Canada and South Korea, then returned to the Philippines for a decade in a major newsroom. There he became a senior news writer and editor, simplifying complex topics for broad audiences.

He later moved into cryptocurrency journalism as a crypto analyst and market expert at NewsBTC, covering trends and blockchain developments. Alongside writing, he works as a Virtual Assistant supporting editorial operations, workflows, and coordination tasks.

Outside work, he enjoys motorbikes, riding a Yamaha R3, preferring relaxed coastal rides. He spends time with two cats and a dog, and unwinds with coffee, Filipino food, and occasional rum while watching comedy films.

His career blends journalism, analysis, and support roles, reflecting adaptability across media, markets, and digital content production in modern newsroom environments and remote work settings globally.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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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
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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