Avalanche (AVAX) recently hit record numbers in monthly active users and validator count on its network. A post dated December 26 revealed that the number of validators reached around 1,708, which, despite a slight drop from the all-time high (ATH), remains one of the network’s highest figures. At the time of writing, there were approximately 1,704 validators active.
The same post highlighted December as the month with the highest number of monthly active users in the network’s history, surpassing 1.3 million. An analysis showed a positive trend in active addresses on Avalanche during December, with the network experiencing its highest daily active address count in about six months.
On December 20th, the number of active addresses nearly reached 250,000, but since then, the number has decreased. At the time of writing, there were around 144,000 active addresses. The peak daily active address count for the year was recorded on June 25th, with over 1 million addresses. Another metric that showed a positive trend despite volatility was Avalanche’s development activity. An analysis via Santiment revealed that development activity rose from around 60 in July to over 100.
Despite a subsequent drop, development activity remained above 120 at the time of writing. The analysis of the daily timeframe chart for December indicated a positive trend for AVAX, with its value more than doubling between December 1st and the time of writing. Despite significant drops, AVAX continued to trade within the $40 range.
Additionally, the price trend stayed above the short-term average, with the yellow line remaining over the long moving average. At the time of writing, AVAX was experiencing a slight decline of over 2%, trading around $43.