Avalanche Reports Robust Growth In Q2 2024 Financial And Network Metrics

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Avalanche has reported impressive growth in its Q2 2024 financial and network metrics, signaling strong performance and adoption. During this quarter, Avalanche’s fees and revenue totaled $3.5 million, reflecting the platform’s increasing utility and engagement. Meanwhile, AVAX trading volume surged to $42.5 billion, marking a remarkable 165% increase compared to the same period last year. The network metrics for Q2 2024 highlight Avalanche’s expanding reach and activity. Over 101 million transactions were conducted, and 2.3 million new addresses were created across all subnets. This growth brings the total number of unique addresses to over 21 million, representing a 92% increase

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