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    Before and After Update - Avalanche9000

    hexagon

    Flipside AI

    Avalanche's network update triggered substantial growth across multiple dimensions: daily transactions surged 82% from 605k to 1.1m, unique addresses increased 85% from 350,022 to 648,517, and transaction volume jumped 72.5% from 663.9m to 1.14b transactions. Bridge transactions also rose 15.4% to $43.9B, while token transfers under $1m grew 14.9% from $440.4m to $504.9m, signaling robust network expansion and enhanced user engagement.

    Before and After Update - Avalanche9000
    To begin the dashboard, I have categorized the data into two distinct periods: • 📅 One month before the update (from November 16, 2024, to December 16, 2024) • 📅 One month after the update (from December 16, 2024, to January 16, 2025) The primary goal of this analysis is to assess the impact of the Avalanche update ❄️ (which occurred on December 16, 2024) on various network activities. Specifically, this includes: • The activity of new users 👥 (users who made their first transaction) • The impact on different categories (such as tokens 💰, games 🎮, DApps 📱, etc.) Through this analysis, I have explored how the Avalanche update has affected transactions 💸, token volumes 📊, and overall network activity 🌐.
    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.