Avalanche Network Hits a High with 2.2 Million Processed Transactions
The Avalanche network, a scalable layer-1 blockchain known for its high transaction capacity and sub-second finality, has experienced a significant increase in activity recently. On August 30, 2025, the network recorded 2.2 million transactions in a 24-hour period, marking its highest level of traffic since February 2024.
This sudden increase in activity raises questions about the factors driving this surge. According to analysts, the growth can be attributed to DeFi projects, games, and NFTs on the network. Stablecoins, particularly USDC, have emerged as the primary growth drivers on Avalanche in the last month.
USDC accounted for 91.61% of transactions from the top five smart contracts on the Avalanche network. This dominance indicates that traders and DeFi users heavily rely on this stablecoin for liquidity, payments, and trading. Tether (USDT), Trader Joe, Kyber, and The Arena are among the top smart contracts on the Avalanche network.
The newer project, The Arena, is also part of the top smart contracts on the network. The prevailing interpretation is that this serves as an encouraging signal for the long-term sustainability of the Avalanche ecosystem.
Avalanche, launched in September 2020, was developed by Ava Labs, founded by Emin Gün Sirer, Kevin Sekniqi, and Maofan "Ted" Yin. However, no German companies or persons are specifically identified as behind the largest DeFi projects on the Avalanche blockchain that led to the recent spike in activity.
The network's growing popularity is not limited to its DeFi projects. Avalanche is being used for quick, low-cost payments and creating new decentralized applications. According to Nansen, Avalanche is a fast blockchain capable of supporting various activities, solidifying its position in the 2025 crypto landscape.
The community's recent positive reaction to Avalanche has also contributed to the recorded spike in activity. The network is gaining increasing interest for decentralized applications, with the launch of new subnets, incentives for liquidity mining, or broader DeFi participation potentially being key factors behind this change.
Analysts believe that the entire Avalanche ecosystem, including the native Avalanche token, could benefit from this increase in activity. As the network continues to grow and evolve, it remains to be seen how it will shape the future of the crypto landscape.