Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Avalanche recorded the highest blockchain transaction growth in a week, with activity rising 66% to 11.9 million transactions across 181,300 active addresses. The US Treasury Department’s FinCEN revealed that US banks have been facilitating billions each year for suspected Chinese money launderers. Meanwhile, the US Commodity Futures Trading Commission opened a pathway for offshore exchanges to legally serve American clients.
Avalanche has emerged as the week’s fastest-growing blockchain, outpacing rivals in transaction growth. The smart contract-focused network, designed to boost scalability and usability, is increasingly gaining traction among both investors and institutions.
According to crypto analytics firm Nansen, Avalanche transactions jumped more than 66% over the past week, crossing 11.9 million transactions across 181,300 active addresses. This sharp rise highlights a surge in user engagement and network utility.
