This Avalanche weekly recap is for informative purposes only and not investment advice. Let’s have a look at the new updates this week.
Network Growth
Daily Transactions
Average Daily Transactions July 4th- July 10th on the Avalanche C-chain reach 199,346 transactions. Down 15.6% since last week (236,212). The number reached 215,336 at the peak of the data on July 8th. And the lowest was on July 9th, with 159,807 transactions.
Unique Addresses
The Cumulative Unique Addresses index is currently at 3,083,439 addresses. Last week, there were 3,059,378 addresses, indicating a 24,061 addresses rise. Which is -4.9% more than what it was last week (25,303). The daily increase rate remains at 3,437 addresses.
Active addresses
During July 4th- July 10th there is an average of 44,349 active addresses. Down from 44,374 last week (-0.05%). July 4th is the day with the most active addresses (48,391 addresses). While the lowest index day of the week is July 9th with 38,993 addresses.
Total Value Locked
The Total Value Locked in 7-days has decreased 8.34%, from $5.15 billion to $4.72 billion. Avalanche is still in third place in the top 5 ecosystems. Stats continuously decrease due to the low level of participation in Defi in this bear market.
Top 10 Price Performance last 7D in Ecosystem
Highlight Events
Intain backed by JAM FINTOP, Avalanche fund Blizzard for blockchain securitization
Blockchain startup Intain announced a funding round from Blizzard, a venture fund that supports the Avalanche public blockchain, and JAM FINTOP Blockchain, a fund associated with community banks.
For more information: click here
Security Token Market Launches First-of-its-kind Tokenized Crowdfund on Avalanche Blockchain
The First-of-its-kind Web3-enabled public crowdfund on the Avalanche Blockchain opens on July 6th; launch event to follow at Miami’s loanDepot Park.
For more information: click here
The Avax Machina Live NFT Gallery is coming to AvalancheHouse
Froyd ART will be debuting an exclusive 1-of-1 NFT at the event, get your tickets now to see it live in person!
For more information: click here
Avalanche Bridge Wallets Address Update
The Avalanche Bridge nodes perform periodic key rollovers as a routine proactive security measure, including whenever new nodes are added or removed. Today, we are performing a periodic key rollover to bring our Ethereum bridge up to parity with our Bitcoin bridge.
For more information: click here
DeFi Lego
DEX
Trader Joe introduced Liquidity Book
A novel protocol for structuring liquidity that will pave the way for a new generation of AMMs. Concentrated & Composable Liquidity on Avalanche.
For more information: click here
Pangolin V2 is out of beta
After months of work, our team has migrated V2 to our main site with:
- Speed & Mobile Improvements
- Portfolio & Watchlist Functionality
- In-App News
- Limit Orders
- Pair Charts
For more information: click here
Cross-chain
O3 Labs’s integration with Avalanche
O3 Swap V2 is going to officially launch the Avalanche Network starting from July 7th at 4 AM UTC. Meanwhile, the liquidity mining of LP-WAVAX, LP-WETH.e, LP-WBTC.e, LP-USDC, LP-DAI.e, LP-O3, LP-ROOBEE on Avalanche will also start for celebrating the integration. From 7th, you can swap assets between Avalanche and any ecosystem on O3 Interchange to experience the seamless cross-chain.
For more information: click here
Insurance
Degis Treasury Box Announcement
On July 13, Treasury Box will live on Degis!
If you were a participant of Degis Testnet in December 2021, you may recall that we had a lucky box, where users can buy tickets and join the lucky draw to win rewards. Now we’re excited to announce that it’s back with a brand new name — Treasury Box!
For more information: click here
NFT/Gaming
OpenBlox Integration Brings Multi-Game Experience to Avalanche
The Avalanche ecosystem is getting ready for an exciting journey into the digital world thanks to its integration with OpenBlox. The launch of this digital gaming world on Avalanche could happen by the end of Q2, along with the well-anticipated launch of its fitness game RunBlox. OpenBlox has also shared a jam-packed roadmap with many such exciting games and products.
For more information: click here
Imperium Empires Apollo Web Game is live
Apollo’s gameplay is independent of our PC/Mac alpha main game build. Apollo serves 2 purposes:
- Let our NFT owners PLAY & EARN rewards even WITHOUT A GAMING PC;
- Test our game economics to ENSURE LONG TERM SUSTAINABILITY.
For more information: click here
Joepegs’s new features: Rarity and Collection Sorting
Rarity: One of our most requested features, users can now:
- Rank collections from Rare to Common
- Check rarity of individual attributes
Currently only verified collections have this feature enabled, however the scope will be expanded shortly.
Collection Sorting: You can now sort Collection ranking by:
- 1, 7, 30 Day and All Time – Highest Sales (quantity of units)
- Highest Volume (in $AVAX)
This applies to ALL collections on Joepegs, not just verified collections.
For more information: click here
Find more information about Avalanche:
Website: https://www.avax.network/
Whitepaper: https://www.avalabs.org/whitepapers
Twitter: https://twitter.com/avalancheavax
Telegram: https://t.me/avalancheavax
If you have any questions, comments, suggestions, or ideas about the project, please email [email protected].
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Marshall
Coincu Ventures
