This week, Avalanche’s transaction growth outpaced all other blockchain networks, indicating a shift in investor interest toward the smart-contract blockchain’s utility token, alongside rising governmental adoption.
Avalanche, designed for enhanced scalability and usability, has emerged as one of the fastest-growing blockchain networks.
During the past week, transactions on Avalanche surged over 66%, exceeding 11.9 million transactions and involving more than 181,300 active addresses, according to a post by crypto intelligence platform Nansen.
The increase in transactions may reflect heightened investor interest in the Avalanche (AVAX) token, spurred by the blockchain’s recent governmental initiatives and the revival of exchange-traded fund (ETF) filings related to the altcoin.
On Thursday, the US Department of Commerce revealed plans to publish real gross domestic product (GDP) data on decentralized blockchains, including Avalanche.
Beginning with data from July 2025, the Department will publish GDP reports on nine public blockchain networks, such as Bitcoin, Ethereum, Avalanche, Solana, Tron, Stella, Arbitrum One, Polygon PoS, and Optimism, as stated in a Thursday announcement, which added:
“This marks the first instance of a federal agency publishing economic statistical data on the blockchain, demonstrating the Department’s innovative technology use to protect federal data and enhance public access.”
The Department of Commerce termed it a “landmark effort” that could “illustrate the vast utility of blockchain technology” and act as a “proof-of-concept for the government,” aligning with former President Donald Trump’s vision of establishing the US as the “blockchain capital of the world.”
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Other potential factors driving investor interest include crypto investment firm Grayscale’s recent S-1 filing for a spot Avalanche exchange-traded fund, submitted to the US Securities and Exchange Commission on Friday, as reported by Cointelegraph.
Transactions on the second-place Starknet rose by 37%, while the Viction network followed closely in third with a growth of over 35%.
The Base network ranked sixth in growth but led in transaction count, achieving over 64 million transactions in the past week, according to Nansen data.
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Blockchain could make America’s economic data immutable
Announcing the publication of economic data on the blockchain, US Secretary of Commerce Howard Lutnick stated that it would make these reports “immutable,” adding:
“We are transforming America’s economic truth into something immutable and globally accessible, reinforcing our position as the blockchain capital of the world. Everyone must agree that a 3.3% GDP growth is noteworthy.”
“It’s fitting that the Commerce Department and President Donald Trump, the Crypto-President, publicly release economic statistical data on the blockchain,” Lutnick remarked after the significant announcement.
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