Avalanche C-chain’s weekly transactions only changed marginally in the last week.
AVAX’s on-chain metrics were robust, and the token’s demand in the Futures market was high.
Avalanche [AVAX] managed to maintain its network activity last week, as its stats remained somewhat comparable to the numbers at the end of October. These bullish market conditions caused the token’s price to surge by double digits.
Avalanche’s network activity remains stable
AVAX Daily, a popular X (formerly Twitter) handle that posts updates related to the Avalanche ecosystem, recently posted a tweet highlighting Avalanche C-chain’s weekly network status.
As per the tweet, the blockchain observed a maximum transaction speed last week of 210. Moreover, Avalanche’s total gas usage reached 6.98 trillion during the last seven days.
#Avalanche C-chain weekly on-chain status
Network StatusTransactions: 6.65M -0.93%Max TPS Observed: 210 +1.43%Gas Used: 6.98T +1.95%
Staking:Staking ratio: 59.69%Staking r
We współpracy z: https://ambcrypto.com/how-avax-reacted-to-avalanches-rising-network-activity/
