The Avalanche team announced via Twitter on Monday that it has achieved an important milestone. Avalanche revealed that it has now processed 450 million transactions since the network was launched.
A year ago, Avalanche processed nearly 28 million total transactions. The total transactions on Avalanche have increased by 1,507% from November 2021 to November 2022.
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is down by more than 1% so far today and currently trades at $11.79 per coin.