📶◀️Will the price of AVAX follow the increase in daily Avalanche transactions in August?⚠️⏏️
◀️Key Insights◀️
⚪The price of AVAX🔺 is looking to rise as daily Avalanche transactions recover to June and July levels.✔️📉
⚪Weekly trading volume on the Avalanche 🔺DEX 🔺last week reached its highest level in 2025.✔️📉
⚪Avalanche ranks high in developer activity🔺. A look at key partnerships and the push towards risk-based application development partnerships🔺 (RWAs).✔️📈
⚪Avalanche was one of the standout blockchain networks during the bull run of 2021, but it has not enjoyed the same popularity in 2025🔺. This is primarily due to fierce competition from rival networks and newer chains.🔺 However,🔺 the network has recently seen an uptick in activity.✔️📈
⚪According to recent Nansen analysis, daily transactions on the network recently surpassed 1.5 million transactions🔺. The number of daily transactions has tripled since the beginning of August.✔️📉
⚪For clarification🔺, AVAX transactions exceeded 1.51 million transactions in the last 24 hours as of the time of publication.🔻 The last time the transaction count was this high was just after mid-July.✔️📉
🟢This is not investment advice 🟢
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