Avalanche Network Growth

  • AVAX has made a quick run into the number 11 spot by market cap after the news that they had received $230 million in funding lead by Polychain and Three Arrows Capital on September 16th.

  • In the middle of August we started to see a correlation to Social Volume and the Development Activity on the AVAX network.

  • This is good for Avalanche on both sides because not only do you have the developers building applications on the network you also have regular enthusiasts talking about it on social media. It would seem from this that AVAX is having a healthy growth of its network that could lead to a strong following in the long term.

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