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): $1.25B (+1.75%)
Avalanche C-Chain daily txns: 2.3M (+0.33%)
Max transactions per second: 784 (+226.6%)
Total Avalanche validators: 772 (-5.74%)
Total Avalanche L1s: 422 (+0.24%)
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: VanEck has amended its S-1 filing for the proposed VanEck Avalanche ETF, VAVX, to include staking rewards. If approved, the fund would be able to stake up to 70% of its AVAX holdings.
🔺Why it matters: Most spot crypto ETFs offer price exposure, but proof-of-stake networks like Avalanche generate native yield through staking. By incorporating staking, VanEck is positioning VAVX as a yield-bearing ETF, allowing investors to take advantage of both AVAX price movements and protocol-level rewards without having to manage validators, custody, or onchain operations.
This structure lowers the operational barrier for institutions that want exposure to staking, but are restricted from holding tokens or staking them. If approved, any rewards earned would accrue to the fund and be reflected in the fund’s net asset value.
🔺The bigger picture: Alongside similar staking-enabled ETFs like Bitwise’s Solana Staking ETF and 21Shares’ Ethereum Staking ETF, VanEck’s move suggests growing regulatory confidence in offering yield as a part of an exchange-listed product.
Chart Of The Week
Active addresses on Avalanche spiked to a record high of 680.6 million in December
Scaling the Ecosystem
Avalanche L1 activity between Dec 15-22 hit record highs, per Token Relations’ Dashboard:
Apetrum: 385K weekly transactions
NUMINE: 33.1K weekly transactions
EVMOS: 94.8K weekly transactions
Season 3 of Avalanche Gaming’s Battle Pass is available to be minted
Institutional alternative funds on Avalanche reached an all-time high of $616M
AVAX Community Wins
Zeroone launched the mobile version of its web3 artist platform
Youmio, an AI agent Avalanche layer-1 network, surpassed 25K users on Dec. 19
Code Nekt is now accepting applications for node licenses, allow users to earn rewards for validating the network
MapleStory Universe startedits Age of V winter campaign, featuring themed in-game bosses and asset
Avalanche Archives
Developments that made headlines this week:
Avalanche Builds MENA Momentum: A Recap Of Abu Dhabi Finance Week (Avalanche Blog)
TradeSta: The Perp DEX Unifying Multi-Asset Markets on Avalanche (Avax Team1)
Jason DeSimone: How Arena outlasted rivals and built a real Social Crypto App (Layer One Podcast)
Check out the Avalanche blog for more updates.
Join In The Fun
Want to dive deeper into Avalanche?
Find the latest Ava Labs job postings here
Sign up for Avalanche’s L1 Builder Challenge for a shot at a $25K prize pool
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.