Key Insights:

• AVAX price eyes a rally as Avalanche daily transactions recover back to June-July levels.
• Avalanche weekly DEX volume last week surged to the highest 2025 levels.
• Avalanche ranks high in terms of developer activity. A look at key partnerships and a push into RWAs.

Avalanche was one of the top blockchains during the 2021 bull run, but it has not enjoyed as much popularity in 2025. This was largely due to stiff competition from rival and newer networks. However, the network recently registered a surge in activity.

According to a recent Nansen analysis, daily transactions on the network recently pushed above 1.5 million transactions. The daily transaction count has tripled since the start of August.

For context, AVAX transactions pushed past 1.51 million TXS in the last 24 hours at press time. The last time the transaction count was that high was right after mid-July.

A robust recovery considering that daily transactions previously dropped below 394,000 transactions earlier this month.

Avalanche’s recovering network transaction volumes appeared to be regaining the same momentum observed between May and July. The network also demonstrated growth in other key areas.

Avalanche DEX Volume Pushes Above $3 Bln

Avalanche’s decentralized ecosystem also experienced a bit of a revival. The network’s weekly DEX volume clocked $3.08 billion between 11 and 17  August.

This DEX volume surge last week was the first time it pushed past $3 billion within the last 12 months. The last time Avalanche DEX volume was that high was in March 2024.

Coincidentally, that DEX activity spike in March 2024 was also followed by robust AVAX price action. But before we explore price action, the network has also been winning in terms of developer activity.

Santiment data recently revealed that Avalanche had the second-highest developer activity in July. Strong developer activity is often a reflection of a network’s health.

The network’s developer activity, combined with robust network activity, could signal that Avalanche was taking advantage of the recent market excitement. Especially the hype around altcoin season.

AVAX Price Recap

The rising Avalanche network activity did not necessarily reflect on AVAX price action. The latter exchanged hands at $23 at press time, which was equivalent to a 15% discount from its July peak.

The discount was even more pronounced compared to its historic top by roughly 60%. On the other hand, AVAX price held on to a 56% premium compared to its lowest price levels in 2025.

Nevertheless, these figures underscored a mild recovery that could indicate significant potential upside. Especially now that network activity was on the rise.

Avalanche’s potential was not just based on what was happening underneath the hood. Strategic alliances and a focus on key narratives were also part of its growth strategy.

For instance, the network recently confirmed that Toyota was building its blockchain suite on the Avalanche network. It also revealed that it supports tokenized money market funds and on-chain lending facilities that handle over $6 billion worth of on-chain loans.

Earlier this week, the network supported the launch of Wyoming’s first stablecoin called Frontier Stable Token (FRNT). These developments were some of the few examples that underscored Avalanche’s push into the real-world assets (RWAs) narrative.

In summary, Avalanche continued to make strategic moves geared towards growth despite being overshadowed by some of its rivals. Its alignment with key narratives, especially those rooted in real-world values, underscored potential long-term growth.

The value from that growth will likely trickle down into its native coin, AVAX. The latter could therefore be one of the coins poised for a healthy upside during altcoin season.

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