Avalanche Transactions Soar 66% Following U.S. Blockchain Data Release

The US Department of Commerce recently published economic data on Avalanche, resulting in a 66% increase in transaction volume. This historic first for federal economic data transparency on-chain is creating significant buzz within the blockchain community. Ava Labs has highlighted its growing DeFi ecosystem on Avalanche’s C-Chain as a key factor behind this surge. Grayscale, meanwhile, is pursuing an AVAX ETF, driven by growing institutional interest in the network.