Avalanche activity driven by DEXes, trading bots, whale memecoin speculatio

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Smart contract blockchain Avalanche recorded a consistent surge in blockchain activity, as analysts point to growing decentralized trading activities and returning crypto whale speculation around the next emerging memecoin.

Avalanche’s transaction growth surpassed all other blockchains the past week, rising 66% to 11.9 million transactions across over 181,000 active addresses, signaling growing investor mindshare focusing on the blockchain.

The milestone occurred after a “landmark effort” of the US Department of Commerce, which adopted Avalanche,…



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Avalanche activity driven by DEXes, trading bots, whale memecoin speculatio


Smart contract blockchain Avalanche recorded a consistent surge in blockchain activity, as analysts point to growing decentralized trading activities and returning crypto whale speculation around the next emerging memecoin.

Avalanche’s transaction growth surpassed all other blockchains the past week, rising 66% to 11.9 million transactions across over 181,000 active addresses, signaling growing investor mindshare focusing on the blockchain.

The milestone occurred after a “landmark effort” of the US Department of Commerce, which adopted Avalanche,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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