Avalanche C-Chain Transactions Rise 13% as Trading Volume Falls 18%

Avalanche's C-Chain recorded about 2.3 million transactions over a recent seven-day period, up 13% from the previous week, while lower trading volume and fees showed uneven network activity. Decentralized exchange volume fell 18% over the same period to about $471 million. Network fees declined 34% to about $1.5 million. The increase in transaction count therefore did not coincide with an increase in either measure. Avalanche will provide core ledger infrastructure to the clearing institution behind a New York Stock Exchange-associated tokenized securities platform. That role is still ahead; the seven-day activity figures do not measure its effect. Decentralized finance total value locked, the amount held in DeFi protocols, rose about 14% over the week to $608 million. Growth at protocols including Aave V4 accounted for much of the increase.

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