Avalanche [AVAX] reported a significant 221% increase in Active Addresses, coupled with a 109% rise in Transaction Count. This activity reflects growing investor participation, but the price has declined by 1.13%.
Despite the boost in usage, liquidity outflows have negatively impacted AVAX, leading to a 50 million USD decrease in Total Value Locked. The majority of transactions were linked to NFT activity on OpenSea.
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