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): $826.2M (+6.84%)
Avalanche C-Chain daily txns: 2.9M (+7.5%)
Max transactions per second: 335 (+17.8%)
Total Avalanche validators: 713 (-0.7%)
Total Avalanche L1s: 450 (+2.1%)
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: Japanese tokenized securities company Progmat plans to move its platform from Corda to a dedicated Avalanche layer-1 (L1) network.
🔺Why it matters: Once Progmat completes the move, it would bring more than $2 billion in tokenized real estate and corporate bonds to Avalanche.
Japan’s security token market has been seeing institutions shifting from limited trials to routinely issuing assets on blockchains. The country’s blockchain market is expected to reach $252 billion by 2034, according to market research firm IMARC, and platforms are expected to need regulated infrastructure that can support high crypto volumes.
By moving to a dedicated Avalanche network, Progmat will gain faster transaction settlement and the ability to tailor network rules to regulatory requirements. This will reduce reliance on closed systems and make it easier for the company to connect with blockchain tooling used outside Japan.
🔺The bigger picture: Progmat’s migration follows Avalanche’s recent growth across Japan. Existing deployments include onchain mobility research with Toyota Blockchain Lab; payment and settlement work with SMBC Group and Densan; yen-backed stablecoins issued by JPYC; stablecoin testing with Simplex; and NFT-linked consumer projects involving Bowmore, owned by Suntory.
Chart Of The Week
Avalanche C-Chain saw total transactions reach a record high of 74.3M in February.
Scaling the Ecosystem
Avalanche has added six grantees that have built L1 networks or developer tools to its its Retro9000 cohort
Avalanche ETFs, launched early last month, have now reached reached total net assets of $11M
Builder Console has updated its interface that lets developers create L1s and manage validators by connecting an EVM wallet
AVAX One reported revenue of $2.3M in 2025, nearly 48% of which was generated in the fourth quarter following the launch of the Avalanche DAT
AVAX Community Wins
Silent Swap, a service that lets users buy or transfer assets without revealing their wallet history, has launched on Avalanche
Blaze, an Avalanche L1 for streaming, is hosting Crossfire GG’s 32-team tournament
Pharaoh Exchange’s co-founder spoke about its onchain revenue and explained how burns and emissions help reduce its token inflation
The Arena nowallows AI agents to trade perpetual futures
Join In The Fun
Want to dive deeper into Avalanche?
Find the latest Ava Labs job postings here
Read VanEck’s article about Avalanche’s network design, use cases for businesses, and their bull/bear case for it
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.