Avalanche Sees the Number of New Contracts Reach a 6-Month High

Published 17/10/2023, 14:18
Avalanche Sees the Number of New Contracts Reach a 6-Month High
AVAX/USD
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Coin Edition -

  • The X user Emperor Osmo revealed that the number of new contracts on Avalanches-C-Chain has reached a 6-month high.
  • Despite the positive development, the price of AVAX dropped 1.93% over the past 24 hours.
  • A significant bullish technical flag was on the verge of being triggered on AVAX’s daily chart.

The number of new smart contracts deployed on Avalanche’s (AVAX) C-Chain have spiked over the past few days. In an X (formerly Twitter) post published earlier today, the X user Emperor Osmo revealed that the number of new contracts on this specific chain has reached a 6-month high.

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