Avalanche Surpasses 1.6 Billion Transactions as AVAX Price Eyes Recovery
Photo: TronWeekly
Avalanche has surpassed 1.6 billion transactions, marking another milestone for the blockchain network as its ecosystem continues processing substantial on-chain activity. The achievement, reported by blockchain data provider Chainspect, comes as the AVAX price attempts to establish support near $8.00. Meanwhile, crypto analyst Crypto With Gopal has identified a falling wedge formation on the 1-hour chart. A breakout above $9.00–$9.50 could support a recovery toward $11.00. Avalanche has reached 1.6 billion cumulative transactions, according to Chainspect. The milestone highlights the blockchain’s capacity to process substantial transaction volumes and reflects its continued presence in the competitive layer-1 ecosystem.
Source: TronWeekly
