Avalanche Surges 21% as Network Activity Hits All-Time High

Avalanche (AVAX) just shook the crypto markets with a 21% price explosion—right as its network activity smashes previous records. On-chain data shows address counts hitting levels that’d make even Ethereum blush.

The surge comes amid growing institutional interest in layer-1 alternatives. While Bitcoin maximalists were busy counting their Satoshis, AVAX quietly built infrastructure that’s now processing transactions at half the cost of ETH.

Of course, Wall Street will claim they saw this coming—right after they finish explaining why they missed the last three bull runs. The real story? Developers are voting with their code, and right now they’re choosing speed over legacy.

Record Transaction High

According to the Avalanche Foundation, the platform saw its single-day transaction count hit 10.8 million. That figure tops every previous high. It shows a burst of action across DeFi apps, gaming projects, and automated scripts. Some of those transactions come from bots, but many reflect real users swapping tokens or minting NFTs.

Activity across the Avalanche network is surging, with milestones achieved on May 11th, 2025:

10.8M+ daily transactions — an all-time high950K active addresses — highest since June 2023Nearly 30M contracts deployed — and growing

Momentum is building across the… pic.twitter.com/ZfN8PfoJqk

— Avalanche Foundation(@AvalancheFDN) May 12, 2025

Active User Growth

Based on reports, nearly 950,000 addresses interacted with the network in one day. That is the strongest turnout in almost two years. Everyday people and developers both play a part. Nearly 30 million smart contracts have been deployed on Avalanche so far. Each new contract adds another tool or game for users.

AVAX broke above $24.55 resistance this week. That move linked up with a broader rally in top tokens, leaving AVAX about 110% higher over the past 14 days. Bitcoin raced past $105,000, and risk assets rallied after a US-China trade deal was signed in Switzerland. Stocks opened sharply higher, and crypto followed suit. Traders say looser trade tensions often lift coins.

Avalanche is thriving going into Summit!

Can’t wait to share what we and our partners have been working on. Even these numbers will look minuscule in time. https://t.co/5JK5cjNjNV

— Emin Gün Sirer(@el33th4xor) May 12, 2025

The network is heading into its Avalanche Summit in London with strong momentum. Ava Labs founder Emin Gün Sirer posted on X that milestones like these “will look minuscule in time.” He hinted that bigger announcements lie ahead. If new partnerships or protocol upgrades arrive at the summit, both usage and AVAX price could get another boost.

The pullback in selling pressure has been in place since February. Now, buyers are stepping in again. That suggests confidence in Avalanche’s tech and its community. The token once hit an all-time high above $146 in November 2021. Since then, it has seen ups and downs, but the recent surge shows users and investors remain interested.

Analysts at Nansen voiced a bullish view, too. Aurelie Barthere said she expects altcoins, equities, and even the US dollar to climb together. That outlook depends on continued positive news—both from markets and from Avalanche itself.

For now, Avalanche stands among the top layer-1 blockchains in daily use. The numbers speak for themselves: 10.8 million transactions on a single day, nearly 1 million active addresses, and millions of contracts ready to go.

Featured image from Gemini Imagen, chart from TradingView