Avalanche's May milestones: NFTs and gaming boost network activity to new records

Avalanche's May milestones: NFTs and gaming boost network activity to new records

Avalanche has reached historic highs this month, driven by the rise of NFTs and gaming, especially following the launch of MapleStory Universe. 

Amid a global context where the adoption of decentralized technologies is growing by leaps and bounds, Avalanche has managed to surpass its own limits, recording all-time highs in both transactions and active addresses. 

According to data consulted on the SnowTrace platform, the network reached the astonishing figure of 12,35 million transactions and 1,95 million active addresses in just one month, driven primarily by the rise of non-fungible tokens (NFTs) and the gaming sector. 

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The launch of MapleStory Universe, a chain game that has revolutionized the user experience, has been the catalyst for this explosive growth. How have NFTs and gaming transformed blockchain use and attracted millions of users? Below, we analyze Avalanche's recent milestones and its consolidation in the crypto universe.

The Rise of Avalanche: Historic Figures Driven by Innovation

Avalanche has seen unprecedented growth, reaching 12,35 million transactions and 1,95 million active addresses, according to data SnowTrace. This surge, which represents an all-time high for the platform, reflects not only Avalanche's technological maturity, but also its ability to adapt to emerging trends in the crypto market. 

On May 15, the Avalanche C-Chain recorded 890.000 transactions in a single day, setting a new record for the network.

Key metrics of the Avalanche (AVAX) blockchain ecosystem.
Key metrics of the Avalanche (AVAX) blockchain ecosystem.
Source: SnowTrace

This increase in blockchain activity is no coincidence. Analysts point out that the growth is directly related to the integration of innovative projects, especially in the fields of NFTs and gaming. In April alone, More than 10 million contracts on Avalanche chains, a clear sign of developer and user confidence in the network. Furthermore, the arrival of MapleStory Universe and other titles has multiplied demand, demonstrating that Avalanche is ready to scale and support massive volumes of interaction without sacrificing speed or cost.

The blockchain network has also capitalized on strategic alliances and the implementation of cutting-edge technology, such as its custom subnets, which allow projects like MapleStory Universe to operate efficiently and autonomously. All of this has made Avalanche a benchmark of innovation and performance, capable of attracting large communities and projects with a global reach.

MapleStory Universe puts Avalanche at the center of Web3 games

The launch of MapleStory Universe on Avalanche has undoubtedly been the main catalyst for the network's record activity. This legendary game, with more than 180 million registered users worldwide, has made the leap into blockchain with a revolutionary proposal: allowing ownership and trading of digital assets in the form of NFTs from day one. The integration of MapleStory N, the blockchain version of the popular MMORPG, has not only attracted thousands of traditional players but has also opened the door to a new generation of users interested in the decentralized digital economy.

During the launch week, the network Avalanche saw a 549% increase in active addresses and its largest NFT minting ever., with over 1,7 million tokens distributed. These NFTs, known as Scrolls, allow players to redeem items within the game's universe, creating a dynamic and transparent economy based on blockchain technology. 

The use of the Henesys subnet, dedicated exclusively to MapleStory Universe, has been key to handling the high volume of transactions and ensuring a smooth experience for users.

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NFTs and gaming: the new frontier of blockchain adoption

Avalanche's integration of NFTs and gaming is redefining the role of blockchain in the digital lives of millions. Unlike traditional models, where players don't actually own the items they acquire, blockchain technology enables a true digital ownership, allowing users to buy, sell, and exchange their assets with complete security and transparency. This innovation has transformed the gaming experience, turning players into protagonists of open and decentralized economies.

In the case of MapleStory Universe, each item, weapon, or skin is represented as a unique NFT, ensuring its authenticity and scarcity. This not only adds value to the gameplay experience but also creates new opportunities for developers, who can monetize their creations and foster more engaged communities. Furthermore, the transparency inherent in blockchain ensures that the rules of the game are fair and that users have full control over their assets.

BlackRock's sBUIDL: Another financial innovation driving network usage

Another key factor, which is also contributing to Avalanche's growth, is the adoption of the short-term US Treasury tokenized product developed by BlackRock, known as sBUIDLThis asset has been incorporated as collateral into the Euler protocol, which runs on Avalanche, representing a significant advance in the convergence between traditional finance and blockchain.

sBUIDL is a token backed by US sovereign debt, giving it high security and stability, highly valued characteristics in the DeFi world. Its integration into protocols like Euler allows Avalanche users to access sophisticated financial products with strong collateral that reduces risk and fosters trust, which has been attractive to institutional investors and users interested in tokenized financial products.

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sBUIDL's impact on the network is palpable: it contributes to liquidity and transaction volume, supporting Avalanche's monthly growth and consolidating its DeFi ecosystem. This synergy between traditional tokenized products and blockchain technology opens new doors for mass adoption and the development of more inclusive and efficient financial solutions.

Avalanche consolidates its position as a player in the crypto universe

With record-breaking transaction and active addresses, Avalanche is establishing itself as an undisputed player in the cryptocurrency and blockchain technology space. Its ability to support such a high volume of activity, driven by emerging sectors such as NFTs and gaming, demonstrates that the network is ready to meet the challenges of scalability and mass adoption facing the crypto ecosystem.

Furthermore, the integration of innovative financial products like sBUIDL has added an additional layer of sophistication, positioning Avalanche not only as a platform for digital entertainment, but also as a robust and reliable financial hub. 

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