Recep Gülcemal 
The US government recently announced its decision to move official GDP data to the blockchain. Simultaneously with this announcement, Avalanche (AVAX) experienced a sharp rise. With this rise, AVAX once again became the focus of attention among crypto investors and enthusiasts.
According to experts at Nansen, an analytics platform, Avalanche has seen an increase of over 66%, reaching over 11.9 million. It was noted that the transactions came from over 181,000 active wallets. These increases have brought Avalanche to the forefront among other blockchains and attracted attention to its weekly transaction growth. In fact, this rapid growth has led to AVAX being considered the fastest-growing platform among smart contract platforms.
U.S. Government Data Now on the Blockchain
This rapid increase on Avalanche coincided with the blockchain initiative launched by the U.S. Department of Commerce. The Department announced that it would publish real Gross Domestic Product data directly via the blockchain. The rise coincided with this announcement. Officials have described this initiative as demonstrating that U.S. economic data is immutable. They have also defined it as a historic step that makes it even more accessible globally. It has been emphasized that this decision is highly consistent with President Donald Trump’s plan to make “the U.S. the blockchain capital of the world.”
Commerce Secretary Howard Lutnick stated that blockchain has great power to protect critical data and information. His statement on this matter is as follows:
“We plan to make the realities of the U.S. economy immutable in an unprecedented way and equally accessible globally.”
Investor Interest Continues to Grow
The announcement made by the US government has generated significant credibility. This has led those closely following the market to believe there is a connection between Avalanche’s growth and the development of a natural environment. Luigi D’Onorio DeMeo, Chief Strategy Officer at Ava Labs, highlighted some technical details on this matter. He specifically mentioned the momentum gained by the increased activity on Avalanche’s Layer-1 chains and stablecoin transfers made through the C-Chain.
Institutional investors are showing as much interest in Avalanche as individual investors. Grayscale has filed an updated spot ETF S-1 application. This development has led to some news about AVAX’s capital inflows receiving intense attention.
Avalanche Leads Its Competitors
Among the chains experiencing significant growth, Starknet stands out with 37% and Viction with 35%. However, Avalanche is arguably the clear leader in this field. This shows that it has left its competitors behind. Meanwhile, the Coinbase Base network has reached a high transaction volume of 64 million. This is considered the highest raw transaction count. Despite intense competition, Avalanche has achieved a high adoption rate. The combination of its speed and recognition by the US government has made it a pioneer in this field.
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