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    Checking the activity of new users after Avalanche9000 upgrade

    hexagon

    Flipside AI

    Avalanche experienced remarkable growth in December 2024, attracting 1,060,204 new unique addresses and processing 4,896,801 total transactions, signaling robust network expansion. The blockchain saw a massive 6,900% daily volume spike in January 2024, with trading volume surging from $615M to $51.8B in a single day. User activity heavily favors token transfers, with 99.9% of new users in January 2025 choosing token transactions over DeFi and NFT interactions, demonstrating a strong preference for straightforward financial movements.

    Objectives of Dashboard

    Introduction: Analyzing New User Activity After the Avalanche9000 Upgrade

    Avalanche is one of the leading blockchain networks for executing smart contracts and decentralized applications, continuously improving its performance and scalability. In December 2024, the Avalanche9000 upgrade was implemented as one of the most significant network upgrades, introducing major changes in transaction processing, fees, and user interactions.

    This dashboard is designed to analyze new user activity following this upgrade. It examines user behavior before and after the upgrade, identifying key changes in user adoption, engagement with various protocols, and the types of transactions they perform.

    🎯 Objectives:

    ✅ Comparing New User Adoption Before and After the Upgrade

    • Measuring the number of new users in January 2024 (before the upgrade) vs. January 2025 (after the upgrade).

    • Observing the growth trend of new users in both timeframes.

    ✅ Examining Changes in Transaction Types Among New Users

    • Identifying whether new users were more active in DeFi, NFT purchases, or token transfers.

    • Analyzing the most frequently used protocols by new users after the upgrade.

    ✅ Analyzing the Transaction Volume of New Users

    • Measuring the total transaction volume of new users in January 2024 vs. January 2025.

    • Comparing the amount of liquidity introduced to the network by these users.

    ✅ Providing Insights on the Upgrade’s Impact on User Behavior

    • Did the Avalanche9000 upgrade lead to increased user adoption?

    • Which sectors of the Avalanche ecosystem experienced the most impact from these changes?

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    overview
    After Avalanche9000 upgrade
    Checking the activity of new users
    Comparison of January 2024 with January 2025
    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.