The avax C Chain saw daily active address and transaction volume – two important metrics to gauge a blockchain’s health level – increase significantly in the second quarter, blockchain analytics firm nansen_ai said. By
Usage of Avalanche, the seventh-largest smart contract platform, more than doubled in the second quarter, even as users committed less of their cash to the system.
Daily transactions on Avalanche C-Chain, an implementation of the Ethereum Virtual Machine, grew to just under 500,000 from roughly 200,000, and the number of daily active addresses ranged between about 25,000 and 117,000, settling around 95,000 at the end of the quarter, blockchain analytics firm Nansen said in a research report.
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