AVAX this week has performed remarkably well — surging from $12.30 all the way to $14.50, with weekly gains reaching 15%. But what's truly interesting isn't just this price figure, but the story that the on-chain data behind it is telling.

Looking at C-Chain transaction activity, you can feel how vibrant this ecosystem is. So far in 2025, a full 43.3% of all transactions on C-Chain have occurred this year — what does this indicate? Network activity is accelerating. By year-end, cumulative transaction volume has already surpassed 937 million, of which C-Chain transfers alone account for 400 million transactions, plus 113,000 independent addresses have deployed over 32 million smart contracts. In other words, not only is this network being used, but developers are constantly building new things on top of it.

On-chain transaction volume is approaching $1 trillion, where does this scale come from? Ultimately, it still comes down to DeFi, gaming, and consumer applications driving it. DEX governance mechanisms have been activated, new users continue to pour in — these are all manifestations of ecosystem health. From a technical perspective, AVAX's RSI indicator exceeds 60, MACD shows positive values, and fundamentals support and market demand are synchronized, rather than pure speculative sentiment. Speaking with data, the ecosystem is growing for real.