In the vast and unpredictable world of cryptocurrency, Avalanche (AVAX) is stirring once more. Somehow, despite being under $23, it breathes with a hope that perhaps, just perhaps, the tide is turning. And why not? Major players like BlackRock and a charming game called MapleStory are whispering promises of a brighter future. Or so they say.
As Wu Blockchain, our keen-eyed observer, notes, the number of active addresses on Avalanche has soared past 1.95 million this May. Such a spike makes one nostalgic for January, when the entire crypto universe danced in bullish delight. Ah, the good olā days!
According to @hashed_official’s data dashboard, the avalanche of active addresses reached an all-time high in May. Nearly 2 million walletsāenough to fill a small city! This surge is undoubtedly driven by the launch of the blockchain game MapleStory Universe. Nostalgic gamers and crypto enthusiasts alike are eager to earn real assets from pixels and code. The famous South Korean game publisher Nexonās creation, MapleStory N, is now part of Avalancheās grand circus.
ā Wu Blockchain (@WuBlockchain) May 18, 2025
The total addresses have ballooned to 13.5 millionāimpressive, no? Apparently, MapleStory’s charm (and perhaps the allure of digital riches) enticed users to flock to Avalanche en masse. This MMORPG, crafted by Nexon, has been captivating over 250 million souls since 2003. Now, itās subtly hinting that blockchain is just as fun and potentially more profitable.
Beyond Gaming: The NFTs and Financial Shenanigans
The legendary MapleStory launch isnāt the sole reason for Avalancheās flirtation with fame. Oh no! Now, users can leverage BlackRockās sBUIDLāyes, a fancy digital version of a short-term U.S. Treasury fundāas collateral on the Euler DeFi protocol. Because who doesn’t want to borrow against a fund originally meant for giant bankers? This move leans into the vast, uncharted territory of real-world assets on-chain, inviting the big fish (institutions) to dance on Avalancheās pond.
At the moment, AVAX is hanging around $22.95, with a market cap of nearly $9.65 billion. Back on December 9, it flirted with $55.70, thanks to US election hypeāan era long gone, but dreams of revival remain. Analysts are whispering sweet promises of a rebound up to $30āoptimistic, perhaps, or merely desperate.
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2025-05-18 16:08