Key Takeaways:
- Avalanche led all major blockchains with a 66% weekly transaction surge, reaching 11.9 million transactions.
- The U.S. Department of Commerce published GDP data on Avalanche and other blockchains, marking a first for federal economic data on-chain.
- Grayscale updated its SEC filing for a spot Avalanche ETF, signaling growing institutional interest in AVAX.
Avalanche has emerged as the fastest-growing blockchain this week, recording a 66% surge in transactions to over 11.9 million from 181,000 active addresses, according to Nansen.
This growth outpaced Starknet, Viction, and Optimism, and coincided with two key developments boosting Avalanche’s visibility.
What have been the fastest txns growth in past 7d?@avax +66% leads.@Starknet +37%@BuildOnViction 35%@optimism +22%@Scroll_ZKP 21%@base +19% pic.twitter.com/BBlPDKNZok
— Nansen 🧠(@nansen_ai) August 29, 2025
On August 28, the U.S. Department of Commerce announced it would publish real GDP data on nine public blockchains, including Avalanche, Bitcoin, Ethereum, Solana, and Tron.
The agency embedded a SHA256 hash of its Q2 2025 GDP report onto these networks, calling the effort a landmark step toward transparency and data integrity in public records.
Commerce Secretary Howard Lutnick described it as making America’s economic truth “immutable and globally accessible,” crediting President Donald Trump as the “Crypto-President” behind the push.
Separately, Grayscale filed an updated S-1 registration for its Avalanche Trust with the SEC on August 22, signaling momentum for a potential spot Avalanche ETF.
While Avalanche led in growth, Starknet rose 37% and Viction 35%, with Base logging 64 million total transactions despite slower growth.
Together, rising government adoption and ETF activity are strengthening Avalanche’s institutional appeal and adoption potential.
About The Author
Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
His articles offer a deep dive into the latest trends, projects, and technological advancements shaping the future of digital finance.
Check Efe out on:
