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Avalanche's daily transactions surge 20x in a year, but AVAX price stalls between $6.23 and $7.10 since June

Protocol Fundamentals
20 Jul 2026
AMBCrypto
View Source
Bearish
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Avalanche's blockchain activity has surged, with daily transactions increasing nearly 20 times over the past year, reaching a peak of 6.2 million. The stablecoin market cap on Avalanche also grew significantly, surpassing $2 billion before a slight drop. Despite this strong network growth, AVAX's price has struggled, falling to new lows and stalling between $6.23 and $7.10 since June. The bearish market structure and broader crypto weakness are holding back the token's price despite thriving on-chain activity.

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