Avalanche: Why AVAX is stalling despite a 20x surge in daily transactions
Avalanche's daily transactions surged nearly 20x in a year, reaching 6.2 million on July 13, but dropped 9% to 2.620 million. Despite a 43% weekly stablecoin supply increase to over $2 billion, AVAX price stalled between $6.231 and $7.100 since June, with 22.82K AVAX sold in 24 hours.
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