Welcome to the Avalanche Weekly Overview, the AVAX community’s one-stop-shop for the latest on the network’s metrics, releases, insights, updates, ecosystem developments and more. All in one place.
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Avalanche By The Numbers
Avalanche Total Value Locked (TVL): $838.66M (-2.07%)
Avalanche C-Chain daily txns: 2.7M (+50%)
Max transactions per second: 284 (+26.2%)
Total Avalanche validators: 718 (+0.14%)
Total Avalanche L1s: 441 (+0.68%)
The percentages and metrics are based on a 7-day timeframe from Token Relations data, unless noted otherwise.
Inside The Blockchain
🔺What we’re watching: The Avalanche Foundation has launched the C-Chain round of Retro9000, a builder competition that rewards projects based on how much onchain activity they generate on Avalanche’s C-Chain.
🔺Why it matters: Unlike traditional grants that fund ideas upfront, Retro9000 distributes rewards after results are delivered.
For this round, projects must deploy verified smart contracts on Avalanche’s C-Chain and generate transaction activity that burns AVAX through network fees. The more AVAX are burned, the more points a project earns on the leaderboard.
Since competition rewards are based on transaction fees, teams are incentivized to build applications that attract real usage. Naturally, this can attract apps that see consistent usage such as trading protocols, payments solutions, games, or even subscription services.
🔺The bigger picture: Since Retro9000 is not a new program, we can review previous cohort participants and see how those projects performed under this framework.
For example, Blaze Stream, a creator-focused streaming Avalanche L1, was included in a prior cohort and received retroactive funding alongside other infrastructure builders. Blaze has become a popular network, attracting users with its system that distributes streaming fees back to creators. At its peak, in January, the network had 1,800 active addresses and recorded more than 5,400 daily transactions. Those numbers have since fallen mostly due to broader market conditions.
Retro9000 measures activity through AVAX burns in order to make sure participants are aligned with ecosystem integrity. Builders are encouraged to design products that users actively engage with, rather than relying solely on speculative interest or short-term incentives.
The program also features monthly snapshots in order to track activity, encouraging active development and network health.
Chart Of The Week
Avalanche C-Chain’s gas per second reached an all-time high of 3.7M, indicating increased network throughput.
Scaling the Ecosystem
Avalanche’s Build Games hosted a kick-off call where participants were able to present their projects and how they intend to generate onchain protocol revenue
The next Avalanche Summit will be held from Sept. 16-17 in New York City
Morgan Krupetsky, VP of BD at Ava Labs, went on Bloomberg to talk about the tokenization of private credit and how it provides automated oversight, among other benefits
AVAX Community Wins
Avax Team1’s new article is about Floors Finance and how it's using token trading fees to create fairer token prices for buyers and sellers
EVEN partnered with Universal Music Group (UMG) to enable labels and artists to release limited edition music, exclusive content and artist-led experiences on its marketplace
AVAX One, a publicly traded Avalanche treasury company, made the case for why prediction markets can excel on Avalanche due to its custom L1 architecture
Join In The Fun
Want to dive deeper into Avalanche?
Find the latest Ava Labs job postings here
Check out Avalanche’s developer hub to learn how to build an L1 blockchain using its infrastructure
That’s all for now.
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.