According to Artemis data, the daily transaction volume of Avalanche C-Chain recently exceeded 1.4 million transactions, reaching a high point since mid-to-late February 2024, which may be related to stablecoin transactions on the chain. Since June, stablecoin transactions on Avalanche C-Chain have significantly increased, with the proportion of transactions once soaring to over 70%, and currently remaining at around 50%. Additionally, it is worth noting that SnowTrace data shows that Avalanche's daily transaction volume recently broke through 18.5 million transactions, setting a new historical record.
Recently, the number of daily transactions on Avalanche C-Chain has exceeded 1.4 million, the highest since mid-to-late February 2024.
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