Since its partnership with FIFA, Avalanche (AVAX), a leading layer one blockchain, has seen a remarkable increase in May with a significant rise in daily new addresses.
These notable changes on the chain came alongside positive news, including investment from VanEck and a new partnership with FIFA.
The avalanche reaches a new level in addresses
According to Artemis data, the number of daily active addresses on Avalanche increased significantly in May. The chart indicates that May 2025 was the busiest month for the network over the past three years. Avalanche reported that over 2 million wallets interacted with the network on May 13.
Avalanche announced that 'Avalanche' achieved a new record in the number of daily active transaction addresses. Over two million wallets interacted with the network on May 13, doubling the activity in less than a week. There is a significant development underway.
The Artemis chart shows daily activity in May ranging from 50,000 to 400,000 addresses. Approximately 80% of these were new users. Meanwhile, returning users have also become more active, with their numbers increasing by about 30% compared to the average of previous days.
This growth in user numbers came amid a wave of positive developments that Avalanche experienced in May. For example, on May 13, VanEck partnered with Securitize to launch VBILL, a premium fund that provides access to U.S. Treasury bonds across four major blockchains. The assets are available on Avalanche, BNB Chain, Ethereum, and Solana.
VanEck recently announced its plans to launch the PurposeBuilt fund. This new fund will focus on real-world applications built on Avalanche.
Avalanche has become an attraction for innovative developers. With VanEck's directed building fund, we provide capital and confidence to founders who create sustainable value, not just chasing momentum, stated Branav Kanadi, Portfolio Manager of VanEck's Alpha Digital Assets Fund.
Another important event was FIFA's decision to build its own layer one blockchain on Avalanche. This new initiative, called FIFA Blockchain, aims to expand FIFA's Web3 projects.
FIFA's selection of Avalanche technology represents a pivotal moment in the evolution of blockchain infrastructure. As one of the most renowned organizations in the world, FIFA's move confirms Avalanche's unique ability to support high-performance networks tailored on a global scale, according to Avalanche's statement.
These developments have become powerful drivers of Avalanche user growth this month. According to BeInCrypto, the price of AVAX has risen by more than 15% since the beginning of the week and is currently trading above $24. However, not everything is perfect for Avalanche.
Data from DefiLlama shows that the total value locked (TVL) for AVAX is only $1.56 billion, an 86% drop from its all-time high. The data indicates that despite increased user activity and strategic partnerships, the network still struggles to attract individual investors.
This challenge may be due to intense competition in the blockchain space and cautious sentiment among investors after years of volatility in the cryptocurrency market.
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