Avalanche || First 10 Steps[Post Upgrade]
Flipside AI
LayerZero emerges as a dominant force in Avalanche's ecosystem, onboarding 226,682 new users and capturing 1.99% of total network participants post-upgrade. The blockchain experienced significant user growth, with active users peaking at 512,447 in mid-2024 and network transactions spiking to 10.5 million in early February. Notably, the protocol upgrade dramatically reduced network fees by 85%, dropping from an average of $11,000 to $3,000 weekly, while maintaining robust network activity with 13.6 million transactions and 896,000 unique users.
The Avalanche blockchain dashboard reveals a dynamic ecosystem experiencing significant transformation in early 2025. LayerZero emerges as a pivotal driver of network growth, demonstrating remarkable user acquisition and transaction volumes that signal a robust expansion of the blockchain's capabilities.
Key highlights include 226,620 new users onboarded through LayerZero, representing a substantial influx of network participants. The blockchain has processed an impressive 13,683,511 total transactions, generating $9.9M in network fees while maintaining an efficient economic model.
The network's recent protocol upgrade has been particularly impactful, dramatically reducing transaction costs by 85% - dropping weekly fees from $14,000 to approximately $3,000. This cost optimization, combined with strong user engagement across bridges and decentralized exchanges, positions Avalanche9000 as an increasingly attractive blockchain ecosystem for developers and users alike.