Avalanche Weekly Recap Week 38 (15/9 -21/9)

This week, Avalanche received a lot of positive news from many projects, and the ecosystem is moving forward every day. Let’s take a look at the highlighted news as well as the important numbers of the week.

TL;DR

Happy 2 Year Anniversary Avalanche
$yyAVAX is LIVE right now on Platypus
Binance Integrates native BUSD on the Avalanche
Numbers is now listing on StepEx
Degis Protocol Protection Testnet is going live now
AvalancheGo @v1.8.6 is out
RunBlox app is live on Apple Watch

Ecosystem Updates

Last week, Avalanche’s on-chain index showed positive signals as trading volume and gas used continuously made new highs. TThis week also marks the 2-year milestone of the Avalanche mainnet launch. There is a lot of positive information from projects in the past week, don’t miss it.

Avalanche On-chain Data Highlights

Weekly total transactions: 20,925,500
Weekly Max TPS Observed: 583
Weekly Gas Used: 4,667,206,792,036
Highest Daily Gas Usage: 720,524,409,932
Highest Daily Transaction Count: 3,916,369

Avalanche C-Chain Daily Gas Usage and Txn Count reaches new ATH

On September 17, 2022, C-Chain’s Daily Gas Usage reached an ATH at 720,524,409,932. In the days before that, Daily Gas Usage and Transaction Count had continuously reached new highs. September’s weekly Transaction Count and Gas Used reached ATH. The amount of Gas Usage mainly comes from the Defi Kingdom (DFK Chain) subnet.

Happy 2 Year Anniversary Avalanche

On Sept. 21, 2020, the first genesis code was made available to the public on Mainnet. Since then, it’s been 2 years full of growth, innovation, resilience and community.

$yyAVAX is LIVE right now on Platypus

Avalanche Weekly Recap Week 38 (15/9 -21/9) - 2

yyAVAX is liquid staked AVAX on the Avalanche network. yyAVAX was launched by Yield Yak, an Avalanche-native project which builds DeFi tools for users.

yyAVAX will be constantly accruing value to AVAX, and Yield Yak and its partners will be doing everything they can to bring the most yield possible to yyAVAX holders.

yyAVAX pool now available on Platypus’s Alt pool.

Read more details here.

Binance Integrates native BUSD on the Avalanche

Avalanche Weekly Recap Week 38 (15/9 -21/9) - 3

Binance has completed the integration of Binance USD (BUSD) on the Avalanche and Polygon networks. Deposits and withdrawals for BUSD are now open on both networks.

Users may now transfer BUSD across the Ethereum, BNB Chain, Avalanche, and Polygon networks.

BUSD is a stablecoin issued by Paxos and approved by the NYDFS. BUSD is pegged to the US Dollar (USD) at a 1:1 ratio.

Read more details here.