In a turbulent second quarter (Q2) for the cryptocurrency market, Avalanche (AVAX), a layer-1 blockchain platform steadily thought of a competitor to Ethereum (ETH), reported a combined bag of monetary metrics.
Avalanche Value Declines However Person Engagement Soars
A latest evaluation from information agency Messari revealed that AVAX’s value fell 4.2% quarter-over-quarter, dropping from $18.77 to $17.99. This decline got here alongside a 2.6% lower in its circulating market cap, which fell from $7.8 billion to $7.6 billion.
The affect of this value drop was additionally mirrored in AVAX’s market rating, which fell from fifteenth to sixteenth amongst all cryptocurrencies. Nonetheless, not all metrics had been adverse.
Transaction charges for AVAX surged by almost 29% through the quarter, rising from 58,300 to 75,170. By way of income, transaction charges in USD additionally rose barely, going from $1.50 million to $1.54 million, indicating a rising person base and elevated exercise on the platform.
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A very brilliant spot for Avalanche in Q2 2025 was the numerous development in each day transactions throughout its C-Chain and different layer-1s. Common each day transactions skyrocketed by 169.91%, reaching 10.1 million in comparison with 3.7 million within the earlier quarter.
This was complemented by a dramatic improve in each day lively addresses, which surged by 210.45% to 519,954, suggesting a strong uptick in person engagement.
Consistent with this development, Avalanche additionally lowered its common transaction charges by 42.7%, from $0.05 to $0.03. This discount is essentially attributed to the Octane improve, which launched a dynamic price mechanism on Avalanche’s C-Chain, permitting for real-time price changes to boost person expertise and cut back prices.
C-Chain Transactions And DeFi TVL Soar
The C-Chain particularly noticed spectacular utilization development, with common each day transactions leaping 493.4% from 244,995 on the finish of Q1 to 1.4 million by the top of Q2.
Day by day lively addresses additionally skilled a wholesome improve of 57% quarter-over-quarter, rising from 29,554 to 46,397. Notably, there was a spike to 419,619 each day lively addresses on Could 11.
As seen within the chart above, Avalanche’s complete worth locked (TVL) in decentralized finance (DeFi) rose 37.1%, climbing from $1.1 billion to $1.5 billion. Nonetheless, the stablecoin market cap on Avalanche noticed a major decline of 23.8%, dropping from $1.9 billion to $1.5 billion.
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The rise in each day lively addresses throughout Avalanche’s layer-1 platforms was significantly noteworthy. The common each day lively addresses surged by 444.8% quarter-over-quarter, from 68,723 to 374,402.
As of this writing, AVAX’s value has recovered from Q2 lows towards the $23 zone, rising 35% prior to now thirty days as a result of latest bullish sentiment that led Bitcoin (BTC), the market’s main crypto, to achieve a brand new all-time excessive above $123,000.
Featured picture from DALL-E, chart from TradingView.com