Activity on the Layer 1 blockchain Avalanche is continuing to break new highs, after clocking consecutive all-time high monthly transaction counts, driven by blockchain gaming and decentralized exchange (DEX) transactions.
Avalanche processed roughly 620 million transactions throughout all of 2024, and has more than doubled the count in the first half of 2025, with over 1.4 billion transactions in H1.
The sustained activity levels are driven by gaming ecosystems on the L1, particularly massive multiplayer online role-playing game (MMORPG) MapleStory, as well as DEX activity on LFJ (formerly Trader Joe), and memecoin launchpad and DEX, Arena.
LFJ and Arena command a combined 30% of total Avalanche ecosystem mindshare over the past week, according to Messari Portals* data.
Despite the increase in mindshare surrounding LFJ, its activity levels have been rather stagnant throughout the year. On the other hand, Arena, which launched in May, saw its DEX volumes leap by 184% in June, when it processed nearly $240 million.
While the Arena DEX is commanding attention at the moment, LFJ remains the dominant AVAX-native DEX, averaging just over $2 billion in monthly volume in 2025.
On the gaming front, Avalanche-based MapleStory Universe (MSU) experienced a huge jump in activity in June, with the ecosystem’s monthly active wallets (MAW) increasing by more than 100% to over 1.36 million from just 600,000 in May, according to MSU’s June 2025 report.
The report claims that “This rise in user base wasn’t just quantitative; it was accompanied by deeper behavioral integration. As more users entered, they stayed and interacted more frequently, using tokens for core activities rather than speculative churn.”
Even though Avalanche’s usage rate is increasing at a rapid pace, the AVAX token is not faring as well. AVAX is down 24% over the last year, and 10.5% over the last 30 days to $19.86, despite Bitcoin’s strong performance over both timeframes.
*This article is part of a media partnership with Messari. Messari is building the insight layer for the cryptoeconomy – empowering builders, institutions, regulators, and the public to make informed, confident decisions.
Messari Portals a free-to-use community resource that combines quantitative data with qualitative context, giving crypto communities transparent, convenient access to information that helps them make better decisions. Visit our Portals and learn more at https://messari.io/portals
