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Avalanche (AVAX) has recorded explosive transaction growth of 585% over the past three months, signaling accelerating network adoption. The platform now boasts over 50 million unique wallets and is attracting major institutional projects from Toyota, SkyBridge, and government stablecoin initiatives. Despite recent price consolidation, on-chain metrics show robust capital efficiency and growing real-world utility.
- Avalanche ranks second in capital efficiency with $206,000 monthly transaction volume per user, trailing only Ethereum's $521,000
- Wyoming's state-issued stablecoin and Japan's approved yen-pegged stablecoin both selected Avalanche over Ethereum for deployment
- Toyota published a whitepaper for a mobility platform on Avalanche while SkyBridge Capital plans to tokenize $300 million in assets on the network
📎 Related coverage from: cryptopotato.com