Avalanche

Sky Ecosystem has deployed USDS and sUSDS stablecoins natively on Avalanche through Skylink, a purpose-built bridge developed by Grove Finance. **Key Features:** - Native USDS and sUSDS tokens without wrapped versions - Burn-and-mint transfer mechanism eliminating idle bridge liquidity - Governance parameters controlled by Sky - First native stablecoin deployment on Avalanche without third-party bridges The integration simplifies cross-chain stablecoin movement for developers while bringing institutional-grade assets onchain with reduced technical tradeoffs.

Bitwise has launched **$BAVA**, a new Avalanche (AVAX) ETF now trading on the NYSE. Matt Hougan and John Nahas from Bitwise discussed the launch, marking another milestone in crypto ETF adoption. The product gives traditional investors regulated exposure to AVAX without directly holding the token. This follows the trend of expanding crypto ETF offerings beyond Bitcoin and Ethereum, bringing alternative layer-1 blockchains to mainstream markets.

**BitWise's Chief Investment Officer Matthew Hougan has outlined the factors driving increased institutional interest in Avalanche.** The explanation comes as institutional adoption of blockchain technology continues to grow. Earlier this year, venture capital firms including Dragonfly and Parafi Capital highlighted Avalanche's technical advantages for institutional builders. **Key factors contributing to demand:** - Institutional recognition of Avalanche's infrastructure capabilities - Growing VC interest in the platform's development potential - Technical features that appeal to enterprise use cases The commentary from BitWise, a major crypto asset manager, signals continued institutional momentum for the platform.

**Avalanche is experiencing a significant surge in developer activity** over the past six months. Key growth metrics include: - Builder Hub accounts increased **20x** - Unique contract deployers surpassed **400,000** - Verified contracts onchain exceeded **700,000** - Tracked projects reached over **550** This dramatic increase in builder engagement suggests **strong momentum** for the Avalanche ecosystem heading into 2025. The growth follows previous spikes in development activity, including nearly 3 million contracts deployed in a single week earlier this year. *These metrics indicate healthy ecosystem expansion* as more developers choose Avalanche for their blockchain projects.

Avalanche's C-Chain has achieved a **new record** for daily transactions in 2025, demonstrating the network's growing adoption and technical capabilities. The milestone highlights the **increasing activity** on Avalanche's primary smart contract chain, which handles most DeFi and dApp transactions on the network. This follows a pattern of **sustained growth** throughout the year, with network activity consistently reaching new heights as more users and developers choose Avalanche for their blockchain needs.

**Dexalot has surpassed 400 million transactions** on their Avalanche Layer 1 blockchain. The milestone encompasses all platform activities including: - Trading operations - Token swaps - Deposits and withdrawals Dexalot built their own L1 infrastructure and continues expanding their DeFi services. The platform is working toward an **omni-chain future** while maintaining their foundation on Avalanche. The achievement represents significant growth for the decentralized exchange as they push DeFi innovation forward across multiple blockchain networks.

**Avalanche's Vision Materializing** Companies are increasingly demanding their own **customized blockspace**, according to Hosseeb on The Block's Layer One podcast. - This trend aligns with what Avalanche was originally built for - Corporate demand for sovereign blockchain infrastructure continues growing - Custom blockspace allows companies greater control and customization The discussion highlights how **enterprise adoption** is driving demand for tailored blockchain solutions rather than shared networks. This validates Avalanche's early bet on providing infrastructure for **custom subnets** and specialized blockchain environments.

The U.S. government has made a historic move by publishing GDP data directly onchain for the first time. **What this means:** - GDP data is now instantly accessible, verifiable, and tamper-proof - Anyone can reference trusted economic numbers without intermediaries - Markets get faster access to critical economic indicators **Why it matters:** - Onchain GDP enables transparent financial models and automated contracts - Developers gain reliable data inputs for new applications - Citizens get confidence in shared economic information **The bigger picture:** By the economic equation Real GDP = (M x V) / P, putting GDP onchain increases money velocity (V), potentially boosting real GDP growth. This signals that even the most important economic metrics can live in open, transparent blockchain systems. The move raises questions about what other economic indicators should follow GDP onto the blockchain.

**FanHub** transforms sports fandom into a digital economy on Avalanche's blockchain. The app rewards fans with **real tokens** for: - Checking into games - Making lineup predictions - Sharing team statistics **Key Features:** - Runs on its own Avalanche L1 network - Helps teams track and monetize fan behavior - Powers loyalty programs for clubs like Northern Ireland, Scotland, Derby County, and Hearts FC Avalanche is positioning itself as the **go-to blockchain for sports**, with partnerships spanning FIFA collectibles, Copa América ticketing, and NBA team loyalty programs. [Learn more about FanHub](https://www.avax.network/about/blog/fanhub-a-fantech-breakthrough-turning-sports-fandom-into-a-real-economy)

**Avalanche DEX trading volumes exploded overnight**, reaching **$1.1 billion** - the highest level recorded this year. This surge represents a significant milestone for the network's decentralized exchange ecosystem. The spike in activity suggests: - Increased trader confidence in Avalanche-based protocols - Growing liquidity across the network's DEX platforms - Potential catalyst from new project launches or market events The volume surge builds on Avalanche's recent momentum, following earlier growth in stablecoin adoption that reached two-year highs. *This trading activity indicates strengthening fundamentals for the Avalanche ecosystem as institutional and retail interest continues to grow.*