Avalanche’s ecosystem is experiencing significant growth, with AVAX rising 25% amid record on-chain activity. On May 11, 2025, the network processed 10.8M transactions—an all-time high—while active addresses surged to 950K, the highest since June 2023. The surge reflects increased DeFi, gaming, and NFT activity, with nearly 30M smart contracts deployed. AVAX broke past $24.55 resistance, benefiting from a broader crypto rally and easing US-China trade tensions. Analysts remain bullish ahead of the Avalanche Summit, where new partnerships or upgrades could further boost adoption. The network solidifies its position as a top layer-1 blockchain with strong fundamentals.
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Bitcoin Flat as Inflation Holds Steady, Trade Truce Boosts Stocks
Bitcoin traded flat around $103,798 after April’s inflation data revealed a 0.2% monthly rise and a 2.3% annual rate, with core inflation steady at 2.8%. The Federal Reserve maintained interest rates at 4.25%-4.50%, citing economic uncertainty from Trump’s tariffs, with markets pricing only a 15% chance of a June rate cut. A temporary US-China trade truce slashed tariffs, lifting equities but having minimal impact on Bitcoin. Analysts suggest Bitcoin’s future depends more on broader macroeconomic trends than inflation alone, with potential price movements hinging on key support and resistance levels.
read moreBitcoin Surges as Trump Teases U.S.-UK Trade Deal
Bitcoin briefly surpassed $99,000, nearing its all-time high, after President Trump hinted at a major trade agreement with the UK. The Federal Reserve maintained interest rates at 4.25%–4.50%, with Chair Powell acknowledging economic uncertainty but overall stability. Analysts noted a ‘Trump put’ effect on crypto and equities, though warned sentiment may be outpacing fundamentals. The potential trade deal could ease tariffs on British goods, while the UK may reduce digital services taxes. Bitcoin’s correlation with traditional markets remains fluid, reinforcing its role as a diversifier rather than a safe haven.
read moreEthereum’s Dominance Wanes as L1 Blockchains Race for Lead
Nansen CEO Alex Svanevik declared an ‘open race’ for leadership among layer-1 (L1) blockchain networks, noting Ethereum’s declining dominance in Web3. While Ethereum remains the most popular L1 with $52 billion in total value locked (TVL)—51% of all crypto on blockchains—its position is no longer unassailable. Svanevik, speaking at LONGITUDE by Cointelegraph, contrasted today’s competitive landscape with his bullish Ethereum outlook 3–4 years ago, highlighting the rise of rival L1 networks challenging its supremacy in DeFi and blockchain adoption.
read moreIOTA Rebased Upgrade Launches May 5, 2025
The IOTA blockchain network is preparing for its major Rebased protocol upgrade, scheduled for May 5, 2025. This update will transition IOTA into a fully decentralized, delegated Proof-of-Stake network, with 13 highly trusted validators overseeing the Genesis Ceremony to ensure a seamless migration of funds and data from the current Stardust network. The validators, including IOTA Foundation and other key entities, will independently verify the Genesis state to ensure a 1:1 transfer of balances. Post-ceremony, the network will open to new validators, with transaction fees introduced to sustain operations. IOTA anticipates processing over 50,000 transactions per second post-upgrade while expanding its initiatives in Africa.
read moreAI Agents Boost Crypto Wallet Safety & Usability
The integration of AI agents into crypto wallets may mark a turning point for security and user experience, tackling persistent issues like phishing attacks and complex interfaces. Fragmentation remains a major hurdle, with 62% of users now relying on at least two wallets—a 16% annual increase—due to blockchain interoperability gaps. Research from Reown and Nansen reveals security as the top wallet concern (18% of users), followed by poor UX (10.6%), signaling urgent need for innovation in wallet design and cross-chain functionality.
read more62% of Crypto Users Now Manage Multiple Wallets: Survey
A joint survey by Nansen and Reown shows that 62% of crypto users now manage multiple wallets, up 15% from the previous year. The study, which polled 1,000 active crypto users in the U.S. and UK, found that 48% use multiple wallets to access different networks, while 44% do so for security reasons. Despite innovation in wallet technology, an education gap persists, with 58% unaware of how smart wallets work. Mobile wallets remain dominant (51%), though hardware wallets are gaining traction (10%). Reown’s CEO emphasizes the need for simpler, safer, and more connected solutions to meet user demands for seamless experiences.
read moreTron’s Stablecoin Boom: $2.17B Surge in 7 Days
The layer-1 blockchain Tron (TRX) is experiencing a significant surge in stablecoin activity, with USDT and USDC increasing by $2.17 billion in the past week, as reported by Lookonchain. Tether alone minted 1 billion USDT on Monday, raising Tron’s total USDT supply to $71.7 billion. Since late January, Tether has issued 12 billion USDT on the network. Tron also leads in fee generation, recording $11.7 million in fees over seven days, surpassing Solana ($8.75M) and Ethereum ($4.75M). Despite this growth, TRX’s price remains stable at $0.246. The data highlights Tron’s growing dominance in stablecoin adoption and fee efficiency.
read moreFlare Network Boosts Ecosystem with Education & Tech Upgrades
Flare Network is solidifying its position in the blockchain space by partnering with Encode Club, Nansen, and QuickNode to enhance data and validation services. Encode Club is also contributing through developer education programs like the Flare Educate Series. The network recently introduced XRPFi, a DeFi ecosystem for XRP holders, enabling staking, lending, and trading of XRP-based assets via FXRP. Additionally, Flare has rolled out the Go-Flare v1.10.0 update and scheduled a major hard fork to align with Avalanche protocol improvements. With strong staking participation (67% of circulating supply) and a decentralized validator distribution, Flare is building a robust and community-driven blockchain infrastructure. FLR’s price has seen modest gains, reflecting growing confidence in the network.
read moreTrump Memecoin Sees $869M Outflows Amid Dinner Event
Blockchain analytics firm Nansen reported that the TRUMP memecoin saw over $869 million in outflows and just $96 million in inflows among the top 500 holders in the past seven days. The outflows followed Trump’s announcement of a golf club dinner and White House tour for top tokenholders. While some speculate the event drove selling pressure, others suggest new buyers may be entering to capitalize on volatility or secure exclusive access. The identities of major holders remain unclear, though Tron founder Justin Sun is suspected to be among them. Critics highlight concerns over potential conflicts of interest, as the Trump team controls 80% of the token supply.
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