Inertia’s social prediction platform looks to make crypto more mainstream
Avalanche Weekly Overview - May 7, 2025
Welcome to the Avalanche Weekly Overview. A one-stop-shop for the AVAX community to get up to speed on the Avalanche blockchain network’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place.
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Avalanche by the numbers
AVAX token price: $19.27 (-7.18%)
Max transactions per second: 232.2 (-11.03%)
Network’s 7-day total transactions: 23.02M (-13.68%)
Avalanche C-Chain daily txns: 418.4K (+46.29%)
DeFiLlama’s Avalanche TVL: $1.31B (+0.77%)
Top 3 Avalanche DeFi projects by TVL:
Aave: $665.03M (+5.37%)
BENQI: $477.12M (-4.76%)
LFJ: $103.14M (-11.58%)
These metrics are based on a 7-day time frame, unless noted otherwise.
Inside the network
🔺What we’re watching: Inertia released the beta version of its social prediction markets platform.
🔺Why it matters: Prediction markets are one of the few crypto-based applications that have attracted mainstream users and Interia looks to build on this momentum.
But unlike traditional prediction markets, the Inertia platform combines social features like messaging and user profiles to enable more interactions. Alongside its features like gasless transactions and USDC integration, its design aims to promote more user participation within markets.
Furthermore, Inertia can make prediction markets more accessible via social features because it can transform a traditional trading platform into a more community-centric space. In turn, users may stay on the platform longer to discuss and forecast outcomes together, akin to how regular social media platforms work.
The platform lets anyone create prediction markets about topics they care about. This approach can engage communities interested in sports, politics, entertainment, or other niche topics.
Prediction markets offer an interesting alternative to centralized content moderation by rewarding accuracy with financial incentives. As concerns about misinformation grow, this market-based approach to determining truth could become increasingly valuable.
🔺The bigger picture: More blockchain-based applications have been combining social features with financial tools. Interia looks to showcase these capabilities by integrating them into prediction markets.
This approach could help expand Avalanche's ecosystem beyond traditional DeFi users into mainstream ones.
By making prediction markets more social and accessible, Inertia addresses one of web3's biggest challenges: creating applications that can appeal to everyday users.
Unlike existing prediction markets, Inertia’s use of Avalanche technology can provide high-throughput and low-latency to enable gasless transactions. In turn, this design can make participation more cost-effective for users on the backend.
For apps like Inertia that are targeting mainstream audiences, it’s important to note that an easy, fun user experience is a main driving force to reach the masses. If Inertia makes the backend smooth, it could attract a broader, mainstream audience. Thus, setting a new standard for accessibility and engagement in prediction markets.
Want to learn more? Watch Intertia's episode on Talking Tokens from October 2024
Scaling the ecosystem
Top 3 Avalanche games by 7-day total txns:
Gunzilla: 17.04M (+14.63%)
Pulsar: 8.53M (+20.11%)
DeFi Kingdoms: 2.04M (-55.56%)
MapleStory Universe revealed the launch date of MapleStory N, an MMORPG within its ecosystem
RWA value on Avalanche hit an all-time high of $197.6M on May 1, RWA.xyz data shows
Euler TVL hit $69M on the network for its RWA lending platform, according to DefiLlama
GUNZ L1 network recorded 697 active addresses on May 1, its highest recorded day since mainnet launch (shown below)
Source: Avalanche L1 Explorer
Active L1s: 63
Total L1 validators: 648
Total blockchains created in the Avalanche network: 66
Total staked across L1s: 365,109 AVAX
Distribution of L1s by category. Source: Snowpeer
AVAX community wins
Learn about zeroone, an Avalanche L1 built for artists and creators, in an X livestream hosted by AvaCloud
Pharaoh Exchange surpassed $8B in total traded volume on its DEX, DefiLlama data shows
MapleStory Universe collaborated with OpenSea to release exclusive in-game collectibles - redeemable until May 12
Avalanche Archives
Here’s Avalanche-based articles that made headlines this week.
'MapleStory N' Avalanche Crypto Game Launching This Month (Decrypt)
Blockchain Adoption in Latin America According to An Argentine Lawyer (Avalanche Foundation Blog)
Builder Spotlight: Interview with Ravageur from Yield Yak (Avalanche on YouTube)
Avalanche April 2025 Roundup (Avalanche Team1 Dao)
Check out the Avalanche blog for more updates.
Join in the fun
Want to dive deeper into Avalanche?
Attend the Avalanche Summit in London at the Hatfield House from May 20-22 (code: TOKENRELATIONS15 for 15% off) and check out these side events:
BritCOQ 2025 on May 20 for the COQ community in collab with Team1 Dao
Owl Explains Crypto Summit on May 22 to learn about global policies around tokenization and more
Avalanche Summit London Hackathon on May 23 for a chance at a $50K prize pool
Avalanche Team1 is hosting a competition for developers to build an app using eERC20 and compete for a $10K prize pool
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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.