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Avalanche Surges: 950k Active Addresses Spark Price Spike!

Avalanche Surges: 950k Active Addresses Spark Price Spike!

Date: 2025-05-12 15:41:18 | By Lydia Harrow

Avalanche Soars to New Heights: Smashing Records and Charging Ahead!

Avalanche's native token, AVAX, is on fire, surging nearly 5% in just 24 hours as the blockchain network obliterates two major milestones in daily transactions and active addresses!

Hold onto your hats, crypto fans, because the Avalanche (AVAX) token is rocketing up as the top cryptocurrencies skyrocket. The Avalanche Foundation just dropped the bombshell that their layer blockchain network has reached some mind-blowing milestones!

Get this: on May 11, 2025, the Avalanche network saw a staggering 10.8 million daily transactions, shattering all previous records. But wait, there's more! Active addresses also skyrocketed to 950,000, the highest count since June 2023. The Avalanche train is unstoppable!

Check out these jaw-dropping stats from May 11th, 2025: 🔺 10.8M+ daily transactions — an all-time high 🔺 950K active addresses — highest since June 2023 🔺 Nearly 30M contracts deployed — and growing The Avalanche network is on fire, and the momentum is building across the board!

Avalanche's growth is exploding thanks to the surge in decentralized finance, gaming, and other ecosystems. With nearly 30 million contracts deployed, adoption is through the roof. And guess what? Avalanche is gaining serious traction just before its highly anticipated Avalanche Summit in London. Get ready for a wild ride!

Ava Labs founder and CEO Emin Gün Sirer is dropping some serious truth bombs on X, saying that these milestones will look tiny compared to what's coming next. Buckle up, because Avalanche is about to take the crypto world by storm!

Avalanche Price: Blasting Off to New Heights!

Avalanche's price is absolutely crushing it, breaking through the key resistance level of $23 like a boss. The gains above this zone are part of a massive acceleration of upside momentum for cryptocurrencies over the past week, with AVAX price skyrocketing over 30% in this period. It's a bull run, baby!

The dip in downside pressure for AVAX, which has been hanging around since February, is vanishing as crypto reacts to some serious macroeconomic tailwinds. Avalanche is riding high as Bitcoin (BTC) spikes above $105k, fueled by the strength of risk assets following a groundbreaking U.S.-China trade agreement.

This deal, reached after a wild weekend meeting in Switzerland, sent stocks soaring, with the Dow opening over 1,000 points higher on Monday. It's a new era for the markets!

Strong buyer momentum is pushing most coins to new heights, and analysts are seeing a potential continuation of this epic rally.

Aurelie Barthere, Principal Research analyst at Nansen, is feeling the bullish vibes in comments shared with the crypto community. In his opinion, altcoins, equities, and the U.S. dollar are all set to blast off as the broader risk environment improves.

"Bitcoin has been the clear outperformer so far, largely because it remains insulated from tariff-related risks while also benefiting from its own powerful catalysts, including the reserve asset narrative and continued institutional accumulation, led by Saylor and other corporate buyers. However, following the latest Bessent and Greer announcements, I expect altcoins, US equities, and the US dollar, which all underperformed sharply in Q1, to begin catching up as the broader risk environment improves," Barthere says, dropping some serious knowledge.

Avalanche hit its all-time high above $146 in November 2021, and it's looking to break through that ceiling once again. Get ready for a wild ride, because Avalanche is charging ahead and leaving the competition in the dust!

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