Avalanche Crypto Hits $17.7B Swaps, AVAX Price to Rise?

Avalanche (AVAX) crypto has achieved a significant milestone with its daily swapper activity reaching a 90-day high.

Over this period, $17.7 billion in swaps were recorded from 4.8 million transactions executed by 454,000 swappers. This exceptional performance positions AVAX as a key player in the evolving crypto ecosystem. It also highlights the blockchain’s growing adoption across diverse sectors.

Swap Volume and Avalanche Crypto Activity

That AVAX’s daily swapper count has just hit a 90-day high is a testament to AVAX’s adoption and network robustness. Its capability to process high liquidity and transaction throughput is underscored by the fact that annual swap volume reached $17.7 billion.

With 454,000 active participants, this accounts for an impressive 4.8 million swaps unrolled through Avalanche’s decentralized applications (dApps). It indicates a growing volume of users who are enjoying the benefits of using this Avalanche-based DeFi infrastructure.