Avalanche Surpasses 1M Daily Transactions Amid MapleStory Web3 Launch


Avalanche Surpasses 1M Daily Transactions Amid MapleStory Web3 Launch
Image source: CoinToday
- Daily transactions on Avalanche surpassed 1 million twice in one week. - The launch of MapleStory N within the MapleStory Universe drove this surge. On June 9, 2025, Cointelegraph reported the integration of the classic online game MapleStory into the Avalanche blockchain. This integration significantly boosted the network's activity. During that week, Avalanche's daily transactions surpassed 1 million twice, on June 1 and June 7. The network had not reached this milestone since February 2024. Total transactions for the week starting June 2 reached 5.8 million. This figure marked the highest weekly total since early 2024. The launch of MapleStory N, a game within the MapleStory Universe, largely drove this increase in activity. Nexon, a Tokyo-listed South Korean gaming giant and notable corporate Bitcoin holder, developed this Web3 gaming ecosystem. Nexon launched MapleStory N on May 15, 2025. Before its release, Avalanche's daily transactions in 2025 rarely exceeded 500,000. When Nexon introduced MapleStory Universe, it also unveiled Nexpace Coin (NXPC) as the ecosystem's primary currency. Despite initial excitement surrounding NXPC, its value decreased by 64% to $1.34 from its all-time high of $3.77. The coin reached this peak shortly after its launch. Likewise, Avalanche’s native token (AVAX) also saw a decline. AVAX traded at $20 after reaching a high of $26 on May 14, the day before MapleStory N's launch. On June 9, 2025, at 10:17 UTC, CoinMarketCap reported Avalanche (AVAX) was trading at $20.81. The token's 24-hour trading volume increased by 3.021%.
Article Info
Category
Market
Published
2025-06-09 10:24
NFT ID
PENDING
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