Avalanche’s transaction growth exceeded all other blockchain networks this week, indicating that more mental investors turned to the Blockchain useful token of intelligent contract, since it also saw a greater government adoption.
Avalanche, a smart contract block chain with the aim of improving scalability and usability, has become the fastest cryptomatic blockchain network.
Avalanche transactions increased more than 66% during the past week, exceeding 11.9 million transactions in more than 181,300 active addresses, wrote Crypto Intelligence Platform NansenIn a Friday publication x.
The increase in transactions may indicate a more incoming interest of investors in the Token Avalanche (AVAX), catalyzed by the last government implementation of Avalanche and the renewed presentations of the quoted fund (ETF) around Altcoin.
On Thursday, the United States Department of Commerce announced that it will begin publishing real data of the Gross Domestic Product (GDP) on decentralized blockchains, including Avalanche.
From the data of July 2025, GDP reports will be published in nine blockchain public networks, including Bitcoin, Ethereum, Avalanche, Solana, Tron, Stella, Arbitrum One, Polygon Pos and Optimism, the department wrote on Thursday on Thursday advertisementadding:
“This is the first time that a federal agency has published economic statistical data such as this in the block chain, and the last way the department is using innovative technology to protect federal data and promote public use.”
The Commerce Department described it as a “historical effort” that can “demonstrate the wide utility of blockchain technology” and serve as a “proof of concept for the entire government”, to build on the vision of the administration of the president of the United States, Donald Trump to make the “blockchain capital of the world”.
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Other potential developments that catalyze the interest of investors include the updated S-1 presentation of the Grayscale cryptographic investment firm for a fund quoted in the Spot Avalanche stock exchange, which was presented to the United States stock exchange and values commission on Friday, Cointelegraph reported.
Transactions in the second place Starknet increased by 37%, while the vineyard network emerged in third place with an expansion of more than 35%.
The base network was sixth in terms of growth, but was classified first in terms of transactions count, with more than 64 million transactions during the past week, according to Nansen’s data.
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Blockchain could make US economic data immutable
Publishing economic data in the block chain will make these “immutable” reports, wrote United States Secretary Howard Lutnick, adding:
“We are making the economic truth of the United States immutable and accessible worldwide as never before, consolidating our role as the capital of the world of Blockchain. And everyone must admit that the growth of 3.3% of GDP is impressive.”
“It is appropriate that the Department of Commerce and President Donald Trump, the crypto-president, publicly publish economic statistical data in the block chain,” Lutnick added after the historical announcement.
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