Avalanche price spikes as active addresses hit 950k

The avalanche native token has increased slightly while the blockchain network reaches two key stages in daily transactions and active addresses.

The avalanche (Avax) The token jumped almost 5% in 24 hours while the upper cryptocurrencies have skyrocketed, the Avalanche Foundation sharing Details of two major steps for the layer blockchain network.

According to the team, the activity through the Avalanche network saw daily transactions on the platform reached a summit of 10.8 million people on May 11, 2025. Another key metric, active addresses, has also increased to 950,000, the greatest number for avalanche since June 2023.

The growth of the avalanche occurred in a moment of decentralized financing, play and other ecosystems. The adoption has seen nearly 30 million contracts deployed. Interestingly, Avalanche notes a notable traction before its highly anticipated avalanche top in London.

The growth rate, alongside key partnerships, means milestones such as preceding “will look tiny over time,” said the founder and chief executive officer of Ava Labs, Emin Gün Sireman said via a Publish.

The price of the avalanche is growing

Avalanche price Recently broken above After the buyers managed to eliminate bears near the level of key resistance of $ 23. The gains above this area align with a wider acceleration of the upward momentum for cryptocurrencies in last week, Avax Price up more than 30% at the time of the editorial staff.

In particular, the drop in downward pressure for Avx, in place since February, occurs while the crypto reacts to macroeconomic tail winds. Avalanche wins as Bitcoin (BTC) peaks to more than $ 105,000 on the force of risk assets following a major American-Chinese trade agreement.

The agreement, concluded after a meeting in Switzerland during the weekend, increased shares with the DOW opening more than 1,000 points higher on Monday.

A strong dynamic of buyers has pushed most of the parts and analysts see potential continuation.

Aurelie Barthere, analyst of the main research at Nansen, expressed such an increase in the comments shared with crypto.news. In his opinion, altcoins, stocks and the US dollar are ready for a movement up.

“Bitcoin has been the clear outperFormer So Far, Largely Becuse it remains insulated from Tariff-Related Risks While Also Benefing from its ownful catalysts, included the reservation asset narrative and continued institutional accumulation, led by Saylor and Other Corporate Buyers. However, following the latest bessent and greer announce, i hopping altcoins, us equities, and the us dollar, which all underperform Sharlyply in Q1, to start catching up as the wider risk environment is improving, “noted Barthere.

Avalanche reached its level of all time above $ 146 in November 2021.