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
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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. 

Avalanche Weekly Recap Week 38 (15/9 -21/9) - 1

$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.

Numbers is now listing on StepEx

Avalanche Weekly Recap Week 38 (15/9 -21/9) - 4

Numbers is a Decentralized Photo Network for Web 3.0 For creating community, value, and trust in digital media. Powered by $NUM.

StepEx is StepApp’s decentralized DEX.

Read more details here.

Degis Protocol Protection Testnet is going live now

Avalanche Weekly Recap Week 38 (15/9 -21/9) - 5

For bug bounty and user experience feedback, the reward will be decided case by case, and up to 10,000 USD may be distributed!

Bug bounty entry: Click here

User feedback entry: Click here

Read more details here.

AvalancheGo @v1.8.6 is out

This version is backwards compatible to v1.8.0. It is optional, but encouraged. The supported plugin version is 16

Code details here.

Additional Notable Events

A new farm has just gone live on the Swapsicle DEX

$BNPL is listed on Traderjoe

Partnership Announcement: EvoVerses X bobanetwork

Now borrow using CAI/AVAX LP as collateral on Moremoneyfi

$PNG is officially live on Bubblemaps

$BUSD is coming to the Platypus Main Pool

RunBlox app is live on Apple Watch

Follow us to stay updated on everything in the Avalanche ecosystem! 

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