Avalanche Network Reaches New ATH as Active Addresses Surge

The Avalanche (AVAX) network witnessed a major milestone this month, reaching an all-time high of 1.95 million active addresses in May, according to data from Hashed. This surge is attributed to the launch of MapleStory Universe, a popular blockchain game, and the integration of sBUIDL, a tokenized US Treasury bond product by BlackRock, into the Euler protocol on the Avalanche network. These developments indicate growing institutional interest in the ecosystem. ]