I’ve had a few DM’s questioning my $AVAX posts and price calls.
Here’s the reality, I’ve accumulated size consistently over the past 6 months: 5 separate buys averaging $225K each, with an average entry at $19.85.
And I’m not done. I’ll keep buying with size all the way to $225
Monthly active addresses across the Avalanche Network hit an all-time high of 7.3 million in July
Since May, we’ve seen an average of ~600K active addresses per day, and growing
Up and to the right 🔺
$AVAX breaking out of a tight range early today with a nice green surge above $21.40, showing some fresh buying interest.
Not exactly mooning but definitely holding steady above key support.
Could be gearing up for a steady climb if this volume keeps up 🤔
What happens when 2 powerhouse NBA teams take their fan experience beyond the arena straight onto the blockchain?
The Detroit Pistons and Cleveland Cavaliers are teaming up with @Uptopia_xyz and Avalanche to bring sports loyalty into the Web3 era.
Let’s unpack how @avax is quietly transforming fan engagement in professional sports and why this shift might just change how every team connects with its fans.
This week, @playoffthegrid is climbing above 12k daily players again
from 10k peaks 5 days ago
It's now the 155th most played game on Steam in the last 24h
top 100 coded 🔺
Thrilled to share Wyopay by XKOVA has joined the Wyoming Stable Token Pilot Program.
We’ve already integrated an alpha version of the Wyoming Stable Token on Avalanche Fuji Testnet and will be opening a public beta soon.
Wyopay demonstrates how WYST could power fast, simple, and low-cost payments for everyday consumers with no crypto knowledge required.
To be notified when the public beta opens, follow @wyopay.
You don’t “find” scale.
You test, observe, and iterate until it finds you.
The best software is built from a vast number of small experiments that compound.
Keep building.
The Avalanche ecosystem continues to accelerate 🔺
Here’s a look back at July - highlighting key moments across the ecosystem, grant programs, and network-wide growth 👇
Across the Ecosystem 🌐
🔺 @Visa is using Avalanche for onchain settlement
🔺 @blockticity launched its own Avalanche-powered L1 to tackle compliance challenges in global trade - already minting certifications for over $275M in goods
🔺 Grove launched with a $250M+ RWA deployment target, introducing @grovedotfinance, @centrifuge, and $373B AUM asset manager Janus Henderson to Avalanche
🔺 @uptop_xyz partnered with the @DetroitPistons to bring fans onchain - unlocking new revenue, data, and digital experiences at scale
🔺 @AvaxTeam1 reopened applications for builders, developers, creatives, gamers, and community members to grow Avalanche
🔺 @FIFAcom revealed they will be expanded to embrace emerging technologies for the benefit of the entire football community
🔺 @BlackholeDex launched, surpassing $2B in transactions and $250M TVL in July
🔺 @playoffthegrid officially launched on @steam, the world’s leading online PC gaming platform
🔺The State of Wyoming tested real-time contractor payments using its WYST stablecoin on Avalanche, via @hashfirexyz
Retro9000 Program 🪐
🔺 Completed this quarter’s Project Snapshot, identifying eligible projects for funding
🔺 Distributed the first Referral Rewards — over $17K shared across 40 community members who successfully referred projects
🔺 Reminder: Refer projects and earn up to $10K per referral - opportunity to earn by onboarding new projects onto the program!
InfraBUIDL() Program 🏗️
🔺 @spaceandtime is offering up to $250K in credits to Avalanche builders using @dreamspaceHQ
🔺 @mev_zone received a grant to defend Avalanche from MEV, enabling private transactions and value redistribution
🔺 @SherryProtocol launched Sherry Studio, a B2C interface for launching onchain triggers via social media
🔺 @ash_avax integrated @GoKiteAI into its testnet
🔺 @spaceandtime also launched @dreamspaceHQ, a vibe-coding platform for onchain apps
🔺 @KeystoneWallet completed integration with @coreapp, supporting X, P, and C-Chains
InfraBUIDL(AI) Program 🤖
🔺 @youmio_ai received a grant to launch the first L1 focused on AI agents and joined the infraBUIDL(AI) committee
🔺 @bevor_ai was awarded a grant to secure AI and DeFi protocols using autonomous agents
🔺 @aizel_network received a grant to build a Coin Operated Agent (COA) framework for natural language and verifiable onchain execution
🔺 @0xGasless upgraded its Claude MCP using @spaceandtime analytics to enable complex onchain data queries
🔺 @routescan_io released an MVP of its upcoming AI agent for exploring Avalanche onchain data
🔺 @0xGasless continue their world tour of bringing gasless AI agents onto the Avalanche C-Chain, with their latest stop in Vadodara, India!
Avalanche by the Numbers (All-Time Highs) 📈
→ 500M monthly transactions
→ 23.3M daily transactions
→ 227 TPS average
→ 7.3M monthly active addresses
→ 75T gas used
Every month brings more progress, more adoption, more reasons to build on Avalanche. Thank you to our amazing builders, teams, partners, and community as we look forward to the month ahead!
Did we miss any updates? Let us know in the comments and we'll check them out ⬇️
Round 2 of the Avalanche Ecosystem Showdown is starting soon! 🚨
The community votes on their favorite participating apps and L1s with $AVAX prizes for those that voted for the winning team! Over +700 $AVAX was distributed for Round 1!
The community will decide the winner. Every vote matters.🔺
How to participate:
• Head over to @jokerace_io (link in 🧵)
• Vote on your favorites in each contest
• Cast your vote by clicking on the upvote icon.
Round 2 voting rules:
• You can vote as many times as your balance allows!
• Each vote costs 0.005 $AVAX and will increase every minute until reaching .03. This is to incentivize early voting, prevent sybil attacks, and fund the reward pools.
Start voting tomorrow - Here are the upcoming matchups 🗳️
🏀 Fan loyalty just leveled up!
John Timoney-Gomez, Co-Founder of @uptop_xyz, shares how teaming up with @avax allows them to use blockchain to connect teams like the @cavs with fans worldwide — letting fans earn points that unlock exclusive rewards and experiences.
Watch the video here👇
Everything is falling into place.
- First, the GENIUS Act (Ava Labs’ General Counsel was invited to the signing ceremony, a rare honor).
- Now the @CFTC launches the ‘Crypto Sprint’ with @el33th4xor on its Tech Advisory Committee.
Avalanche is ready to lead the way 🔺
This is grown-up tech entrepreneur me talking. You should listen :
@BlackholeDex is now the fastest-growing DEX in crypto. It's going to become one of the largest.
Here’s why and how you capitalize on it 🧵
I’ve known @elliotrades for ~6 years. His hands-down superpower is networking.
He’s one of the most connected and effective operators in crypto.
This matters. Here's why:
The lifeblood of a DEX is getting big projects, whales, and infra to store capital and prioritize your platform.
BH aligns perfectly with Elliot’s greatest strength.
Now compound that with tokenomics + a fee system that’s basically crack cocaine for liquidity…
And you get a f*cking nuclear bomb.
He's singled handedly dragging all the biggest whales, projects, infrastructure and biggest apps in crypto all into one place. They are then going all in because its so damn profitable for them to focus their liquidity on the dex..
Which is why you’re already seeing BH become one of the highest revenue-generating DEXs in crypto…
Weeks after launch. Weeks. It's beating dexs with years of head start on it.
It’s in short doing ridiculously well.
And this is still pre-FOMO, pre-bull volume.
As soon as alts start raging, DEX volume will explode.
BH is also expanding rapidly into… well, let’s just say places in crypto that matter.
I think this is going to drive the value of being early to @BlackholeDex to absurd levels of "ermagerd".
The flywheel of dex demand with fees for providers that then results in the need for BLACK is lethal.
NOW : I am a co-founder at BH, so I of course have some bias and cannot directly tell you "NUMBA GONNA GO UP".
All I will do is simply point at the numbers its currently doing and make it clear...this is just the first inning and true dex volume isn't even 1/10th of where it will be in a couple months.
There's ways to get exposed early via Black, providing liquidity or bringing your projects to it. You should really… really… really… look into it.
(Full transparency : I am a SMALL co-founder/sizable stake holder in BH. Mostly advisory/board memberish. That said the show/brilliance your seeing right now is all Elliot, not me.
I see people tagging myself in post saying "look at what they built" and I just wanted to clear it up this is 100% him.)
Now expanding to Avalanche with a $250M target deployment into Centrifuge’s JAAA, @grovedotfinance is scaling institutional credit onchain.
The RWA Star.
The @avax appchain thesis is playing out in real-time.
• Daily L1 transactions are up 6x to 18M txs since January
• Smart contract deployments exploded from 1k to 250k daily
• Demand is led by appchains such as @MaplestoryU & @playoffthegrid
• The network now supports 82 active L1s with 890+ validators
• ICM volume has seen a 25x surge since April
Avalanche is becoming the platform for teams that want to own their stack