Avalanche’s transaction growth outpaced all other blockchain networks this week, indicating a shift in investor interest towards the utility token of this smart-contract blockchain, which is also experiencing increasing governmental adoption.
Avalanche, a smart contract blockchain aimed at enhancing scalability and usability, has emerged as one of the fastest-growing blockchain networks.
Transactions on Avalanche surged over 66% in the past week, exceeding 11.9 million transactions across more than 181,300 active addresses, according to crypto intelligence platform Nansen, in a Friday X post.
The uptick in transactions may reflect a growing investor interest in the Avalanche (AVAX) token, spurred by Avalanche’s recent governmental implementation and renewed exchange-traded fund (ETF) filings related to the altcoin.
On Thursday, the US Department of Commerce announced its plans to begin posting real gross domestic product (GDP) data on decentralized blockchains, including Avalanche.
Starting with data from July 2025, GDP reports will be published across nine public blockchain networks, including Bitcoin, Ethereum, Avalanche, Solana, Tron, Stella, Arbitrum One, Polygon PoS, and Optimism, as stated in a Thursday announcement, which added:
“This is the first time a federal agency has published economic statistical data like this on the blockchain, and the latest way the Department is utilizing innovative technology to protect federal data and promote public use.”
The Department of Commerce described it as a “landmark effort” that could “demonstrate the extensive utility of blockchain technology” and serve as a “proof-of-concept for all of government,” building on the vision from the US President Donald Trump administration to make the US the “blockchain capital of the world.”
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Additional developments generating 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.
Second-place Starknet saw a 37% increase in transactions, while the Viction network experienced over a 35% expansion.
The Base network ranked sixth in growth but first in transaction count, with over 64 million transactions reported in the past week, according to Nansen data.
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Blockchain could make America’s economic data immutable
The publication of economic data on the blockchain will render these reports “immutable,” wrote US Secretary of Commerce Howard Lutnick, who added:
“We are making America’s economic truth immutable and globally accessible like never before, cementing our role as the blockchain capital of the world. And everybody has to admit that 3.3% GDP growth is impressive.”
“It’s only fitting that the Commerce Department and President Donald Trump, the Crypto-President, publicly release economic statistical data on the blockchain,” Lutnick stated following the historic announcement.
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