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Avalanche adds 707K new addresses in Q2, a 6x jump from Q1 amid DeFi and subnet growth

Protocol Fundamentals
27 Jun 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Avalanche's C-Chain onboarded 707,000 new addresses in Q2 2026, six times more than in Q1, driven by rising DeFi activity, subnet expansion, and institutional interest. The network's total value locked nearly doubled to $2.1 billion, supported by 75 active subnets tailored for diverse applications. Infrastructure upgrades and a new spot AVAX ETF have also fueled growth. This surge boosts demand for AVAX tokens through transaction fees, staking, and subnet validation, positioning Avalanche uniquely with its subnet model amid layer-1 blockchain competition.

More News (AVAX)

Avalanche (AVAX) rises 5.95% but weak volume signals cautious trading ahead

Avalanche (AVAX) rises 5.95% but weak volume signals cautious trading ahead

Avalanche (AVAX) gained 5.95% in the last 24 hours, standing out among top cryptocurrencies. However, its trading volume dropped nearly 8%, indicating weak buying interest. The price bounced from oversold levels but faces resistance around $6.8, with...

Technical Signals
Bearish
4 hours ago
Avalanche whale withdraws $1.5M in AVAX amid mixed trader sentiment

Avalanche whale withdraws $1.5M in AVAX amid mixed trader sentiment

A large holder of Avalanche (AVAX) tokens recently withdrew $1.5 million worth of AVAX, signaling potential shifts in market dynamics. This move comes as traders remain divided on the future direction of AVAX, with some optimistic about growth and ot...

Market News
Bearish
20 hours ago
Audiera jumps 16.6% on new music label partnerships, leading altcoin gains today.

Audiera jumps 16.6% on new music label partnerships, leading altcoin gains today.

Audiera (BEAT) surged 16.6% to $2.56, boosting its market cap to $737.26 million, driven by recent partnerships with major music labels that have increased investor interest. Other notable gainers include Aave, Pump.fun, Render, and Avalanche, reflec...

Market News
Bullish
22 hours ago
Chainlink shows signs of bullish reversal as price holds above $7.20 support amid rising demand and ETF inflows.

Chainlink shows signs of bullish reversal as price holds above $7.20 support amid rising demand and ETF inflows.

Chainlink's price has recently fallen below its 200-day moving average but is showing signs of a bullish reversal as it holds above the critical $7.20 support level for the third time. Sellers appear to be losing momentum, with reduced volatility and...

Market News
Bullish
1 day ago
Altcoin ETFs show flat flows with outflows in Solana and Hyperliquid, signaling cautious investor stance.

Altcoin ETFs show flat flows with outflows in Solana and Hyperliquid, signaling cautious investor stance.

U.S.-listed altcoin ETFs experienced mostly flat net flows on June 25, with notable outflows concentrated in Solana and Hyperliquid ETFs. Solana's outflows were driven by redemptions in Bitwise’s BSOL fund, while Hyperliquid saw declines in two of it...

Market News
Neutral
1 day ago
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