In the last month, transactions multiplied by 5 with respect to the average.
The use of USDC greatly promotes this increase in transactions.
The Avalanche network lives a moment of effervescence. In the last month, the activity in its C-Chain, the core of intelligent contracts and liquidity, has shot, multiplying the daily transactions with respect to the average.
In June, the C-Chain of Avalanche, one of the three main chains of the network and compatible with the Ethereum virtual machine (EVM), registered a remarkable leap: Daily transactions went from 250,000 to almost 1.2 millionaccording to a report by the on-chain analysis company Coin Metrics.
This growth is not accidental. The C-Chain, which acts as a center for intelligent contracts and liquidity, You have seen a significant increase in transfers, especially low value, between 5 and 10 dollars.
Although the volume in dollars remains relatively low, this change suggests a transformation in user behavior, with an approach to more frequent and smaller transactions.
For example, Much of this activity is linked to the USDC stablecoin, issued by Circlewhich on multiple occasions represented up to 70% of the total transactions in the C-Chain.
This predominance of USDC reflects its role as exchanging currency in decentralized applications, especially in aggregators of decentralized exchanges (DEX) as UNISWAP.
These DEX use router contracts that optimize multisalto exchanges, facilitating high frequency transactions with USDC and AVax encapsulated, which explains peaks in small transfers.
Avalanche9000 update: a turning point
The engine behind this boom has a name: Avalanche9000, The highest network update since its launch, implemented in December 2024.
This included Etnaa key component that activated several community proposals from Avalanche (ACP), among them the reduction of base commissions in the C-Chain by more than 90%.
This drastic change lowered transaction costs, making viable cases of use such as decentralized finances (defi), high frequency trading and microtransactions, essential for social and games applications.
In addition, Avalanche9000 eliminated economic and technical barriers for the launch of subnets, now called layers 1 (L1). Before, configure an L1 required Staking with large amounts of Avax, with costs of up to $ 450,000.
Now, these costs have been practically reduced to zero, What has promoted the creation of new custom chains and has diversified the avalanche ecosystem.
Maplestory Universe, the unexpected catalyst
Another key factor in this activity increase is the launch of Maplestory Universe In May, a personalized layer of layer 1 called Henesysdeveloped by the Korean study Nexon.
This project, based on the popular MaplesTory game, Use NXPC as the main ecosystem currency. As users integrate, NXPC connects from the C-Chain to Henesys, which increases the volume of transactions in the C-Chain.
Although there is no definitive linkage, The parallel increase in USDC transfers could be related to users who exchange NXPC or similar assets to participate in this game ecosystem.
Sand and social monetization
Another driver is Arena, a decentralized social networks platform launched in 2023 in Avalanche. This allows creators to monetize content by “tickets”, negotiable tokens that unlock access to chats or exclusive content.
Actions such as coin, tips or exchange these tickets are executed in the C-Chain, generating more than 2.2 million balance updates.
This activity contributes directly to the transactional volume of the Avalanche base layer, showing how innovative applications are taking advantage of the network infrastructure.
A brilliant future for Avax?
If this trend is maintained, I could positively impact Avax’s pricethe native cryptocurrency of the network.
At the end of 2024, after the Avalanche9000 update, the AVAX price reached 55 dollars. However, so far from 2025 has fallen 67%up to 18 dollars, as can be seen in the following graph.
Despite this correction, as cryptootics reported, Standard Chartered maintains an optimistic vision, projecting growth greater than 1,000% in the coming yearswith prices of 55 dollars by the end of 2025, $ 100 in 2026, $ 150 in 2027, $ 200 in 2028 and $ 250 in 2029, exceeding its historical maximum of $ 146 in 2021.
The Bank highlights Avalanche’s escalation approach, enhanced by Avalanche9000, as a key differentiator. “Avalanche will be another winner, perhaps the winner in the networks compatible with EVM,” he says, pointing out that the flexibility of L1 and cost reduction position the network as a strong competitor in the cryptocurrency sector.
