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    💥 AVAX Market Crash: How Users Reacted? ⚡📉

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    Flipside AI

    Avalanche experienced remarkable network growth with weekly new addresses surging 1,144% from 26,644 to 331,507, while weekly transactions peaked at 3.25m with 512k unique users. The blockchain's decentralized application ecosystem saw explosive growth, with dapp transaction volume skyrocketing 5,400% from 5,316 to 286,443 weekly transactions, and smart contract transactions increasing 247% from 812k to 2.8m between November 2024 and January 2025.

    Analyzing Smart Contract Transaction Count 📜🔍
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    🔺 Dashboard Introduction: Analyzing Avalanche Users' Behavior After AVAX Price Crash

    🔍 Objective of this Dashboard

    This dashboard provides a comprehensive analysis of Avalanche users' behavior following the AVAX price drop from $55 to $26. The primary goal is to examine changes in user activity, smart contract interactions, trends in DeFi, NFT, and DApps, and whale behavior during this period.

    Key Questions Addressed:
    ✅ Did users become more or less active after the price crash?
    ✅ Did whales (large holders) increase or decrease their transaction volumes?
    ✅ How did DeFi, NFT, and DApps usage change over the past 10 weeks?
    ✅ How many new users joined DeFi and DApps after the crash?

    📊 Data Sources Used in This Dashboard

    This dashboard utilizes on-chain data from Flipside Avalanche Models, including the following key tables:

    1️⃣ General User Activity & Transactions

    📌 Table: core.fact_transactions
    🔹 Used to analyze the total number of transactions, unique users, and AVAX transaction volume over time.

    2️⃣ Smart Contract Interactions (DeFi, NFT, DApps)

    📌 Table: core.dim_labels
    🔹 Identifies contracts related to DeFi, NFT, and DApps to categorize transactions accordingly.

    📌 Table: core.dim_contracts
    🔹 Filters all deployed smart contracts on Avalanche to track their activity.

    3️⃣ Whale Behavior Analysis

    📌 Table: core.fact_transactions
    🔹 Extracts transactions above 1,000 AVAX to analyze whale movements before and after the crash.

    4️⃣ New Users in DeFi & DApps

    📌 Table: core.fact_transactions
    🔹 Identifies new wallet addresses interacting with smart contracts for the first time within DeFi and DApps.

    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.