Nansen’s latest blockchain analytics report highlights Avalanche as the best performing blockchain this week, driven by exceptional fee and transaction
Nansens latest blockchain analytics report highlights Avalanche as the best performing blockchain this week, driven by exceptional fee and transaction growth.
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The blockchain analytics platform Nansen has identified Avalanche as the standout performer this week, boasting a remarkable 122% increase in fee revenue coupled with a 133% rise in transactions. This dual growth indicates not only heightened network usage but also enhanced monetization capabilities within the Avalanche ecosystem. Such a surge suggests that Avalanche is successfully attracting both new users and higher-value transactions, positioning it as a dominant Layer 1 chain in the current market landscape.
Following Avalanche, Gravity demonstrated a significant 49% increase in fees alongside a 39% rise in active addresses, reflecting robust user adoption and transactional activity. Ton maintained consistent on-chain momentum with a 40% fee growth, underscoring its steady performance in a competitive environment. These figures highlight how different blockchains are leveraging both user expansion and transaction value to drive growth, offering diverse pathways to network success.
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