Avalanche network records 3.4% growth in Q4 2022

According to a recent study by Messari, the Avalanche (AVAX) network remained intact and continued to grow through the fourth quarter of 2022.

According to Messari’s, several subnet upgrades began during this period, increasing the average number of transactions per day. report.

Transactions and Users

The average number of active daily addresses registered a 3.4% growth from 46,460 in Q3 2022, increasing to 48,023 on December 31, 2022. The figure also shows a 34.7% growth year-over-year.

While active daily addresses remained relatively flat, average daily transactions surged to 2.9 million, an 84.6% increase from 1.5 million recorded in Q3 2022. The year-over-year growth in daily transactions was also calculated at 514.8%.

Avalanche Daily Transactions
Avalanche Daily Transactions

The graph above details the average daily transaction volume since early 2022.Data are from Avalanche DFKMore When step network The subnets began facilitating the majority of daily transactions as soon as they launched in Q1 2022 and Q3 2022 respectively.

A steady number of active addresses and an increase in the number of daily transactions also increased the average number of transactions per second from 18 in Q3 2022 to 33 in Q4 2022, representing an 84.6% increase. .


The Avalanche team has also started upgrading 2 subnets and 2 subnets in the final quarter of 2022. dexa lot When xana chain They were launched on September 30, 2022 and November 18, 2022, respectively.

October 20th, Elastic validation The Avalanche mainnet has launched an upgrade. This upgrade allows anyone to become his subnet validator by staking subnet tokens by allowing creators to use their own subnet tokens to activate PoS verification and rewards for her. is ready.

December 22, Avalanche Warp Message (AWM) has been released across the network, allowing all subnets to communicate with each other. This eliminates the need for projects that want to transfer assets or data between subnets to build individual bridges.

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