Avalanche activity spikes despite AVAX price pullback

The activity of the avalanche network continues to show robust growth despite the native token hitting a hook and going up from $ 25 while a decline in the cryptography market has engulfed most of the coins.

The avalanche (Avax) The token reached summits of $ 25.64 on August 18, extending the increase which had bulls at the level of support levels around $ 23.40 in last week.

However, with cryptocurrencies in the last 24 hours in the midst of generalized profits, AVAX PARED wins to oscillate about $ 23.61. Altcoin dropped by 5% in 24 hours under the name of Bitcoin (BTC) fell below $ 115,000 and Ethereum (Ethn) retired to almost $ 4,200.

The activity of the avalanche network increases

While the prices of avalanche is faced with the same downward pressure which currently engulfs the wider market of risk assets, the data show the strength of the network which supports long -term prospects. Other than the key metric of stable growthNansen’s ONCHAIN data suggest that the last two weeks have been huge Avalanche in terms of transactions.

An update of the analysis platform fueled by multi -hiched artificial intelligence common On August 18, shows that daily avalanche transactions increased by more than 100% in the last month. From around 500,000 transactions per day, Nansen data show that the network has increased to reach more than 1.3 million daily transactions.

In particular, the majority of the increase came in a period of two weeks during which Avalanche experienced significant growth in the network.

The momentum for Avax cools, but with the bullish fundamentals in place, analysts say that the configuration of avalanche prices suggest an escape. Growth of stabbed and Decentralized finance The traction leads to this perspective.

TVL and other measures

As the wet metrics indicate an increased user activity, Defilma data indicates that the total locked value turned from the bottom in April 2024.

Apart from TVL, Avalanche also attracts attention as a platform for the tokenization of active active people. On the tokenization market, the latest development linked to Avalanche is Bowmore’s decision, among the oldest Scotland distilleries, to launch its very first bottles of tokenized whiskey on the Avax blockchain.

In July 2025, Avalanche attracted headlines by announcing that $ 250 million in Rwas arrived via Grove. The platform also concluded an agreement with Visa for the World Stablescoin Regulations.