Contributors

Avalanche Snapshot Dashboard

Set your time frame for the past ~3 months and the top 10 examples in each case (as in, top 10 DEXs, contracts, projects, etc in each case) if it won’t make the queries too slow, but feel free to lessen the scope if the queries are too big (minimum of 1 month). Please add a few short sentences describing your methodology/each chart to give proper context and summarize your findings. No need to write much, just help us understand what you’ve found!

Avalanche was experiencing normal chain usage over the first half of 2023's last quarter.
The network witnessed a significant surge in its daily transaction count starting November 15th, which continued during December as well.
The demand to register a transaction on C-Chain resulted in a considerable increase in the gas price and the average transaction fee paid by users.
The network saw steady activity over the first two months of 2024, however, the activity increased in late February/early March following the increase in BTC's price.

During December, millions of dollars worth of AVAX were burned. Considering the fact that the AVAX paid as the transaction fee is burned forever and the supply of AVAX is capped, the reduction of nearly 1.5m AVAX from the circulating supply resulted in a massive increase in the AVAX price and its decoupling from the price of BTC.
After reaching new highs in March, following the increase in BTC's price, the AVAX price has been on a downward trajectory and is testing previous lows as support.
It is also diverging increasingly from Bitcoin's movements.

flipside

flipside

Avalanche Snapshot Dashboard