Number of Transactions on Avalanche (AVAX) Network Overtakes Ethereum (ETH)

The number of transactions performed on the Avalanche (AVAX) network exceeded 1.5 million. AVAX has surpassed Ethereum (ETH) thanks to this trading volume.

According to Avalanche Explorer data, the number of transactions performed on Avalanche August 9 as of date rising to 1.51 million reached a new ATH (All-time high). Most of the transactions on the network DFK Subnettook place in. On August 9, a significant increase was observed in the rate of AVAX staked in one day, and the total amount of AVAX during the day was observed. 17 million AVAX staked by users. In the light of these data, the number of active transactions on AVAX has surpassed Ethereum and other ambitious competitors running on Layer 2 (Layer 2).

Supporting multiple networks Core Wallet, is frequently preferred by AVAX users and offers a secure transaction. Core wallet, all EVM (Ethereum Virtual Machine) can work integrated with compatible chains. Although there have been major hacking events on many networks so far, the AVAX network has no hacking incidents emerges as remarkable data. Avalanche It is known that there are dozens of projects on the Subnet (Subnet) that have not yet passed to the Mainnet (Mainnet) in the testing phase. With the publication of these projects, the use of the network and the number of active users increases are expected.

In addition to all these data, tin early July 18,700 around Avalanche number of delegates As of August 9 rose to 22 thousand. With this new data, the highest number of delegates of all time on the network has been reached.

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