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Following
AVAX Avalanche's six-figure revenue has attracted attention, and there is a deviation between the data quoted by BSCN and the actual situation on the chain.
Recently, the cryptocurrency news website BSCN quoted Chainspect's data to show that Avalanche's network revenue in the past month was approximately US$415,000, a month-on-month increase of 4%. The report pointed out that as Avalanche blockchain makes progress in the institutional field, its monthly revenue shows a steady upward trend. However, this article checks official dashboard data and finds that the quoted figures are not completely consistent with the actual chain revenue.
Core Points
- BSCN quoted Chainspect data as saying that network revenue in the past month was approximately US$415,000, a month-on-month increase of 4%.
- The Chain dashboard shows that the 30-day chain revenue was US$432,400, a month-on-month decrease of 0.97%. There are differences between the two sets of data.
- Recent institutional initiatives include support for Paxos and Helicon upgrades, but network revenue is small compared to a market cap of $4.584 billion.
What did the latest Avalanche news post say?
The post claimed that based on Chainspect data, Avalanche Network's network revenue in the past month was approximately US$415,000. This statement supports the view in the title that "Avalanche Network revenue reaches $415,000, AVAX Network monthly revenue increases by 4%".
The post mentioned that the Avalanche Layer 1 network has made significant progress in institutional business in recent weeks. However, the article does not clearly define the indicators referred to and does not show data for the previous month, so this post alone cannot verify monthly trends.
Has Chainspect confirmed AVAX network revenue data?
The answer is not entirely sure. Dashboard data showed that chain revenue in the past 30 days was US$432,400, a month-on-month decrease of 0.97%.
This figure is above US$415,000 and the change is in the opposite direction. The gap may be due to different statistical time windows, but there is currently no source to confirm the specific reason. Because cryptocurrency news often repeatedly quotes single data and ignores dashboard details, both AVAX network revenue data are recorded separately.
Other dashboard readings are as follows:
- Price: US$10.34 (+1.55%)
- Market Value: US$4.584 billion
- Number of Verifiers: 592 (+1.20%)
- Pledges: US$1.953 billion (+6.04%)
What does growth in Internet revenue mean for AVAX?
Network revenue reflects paid usage of the Avalanche Network, but it does not directly determine the token price.
Based on US$432,400 per month, annual network revenue is approximately US$5.2 million. By comparison, the market value of $4.584 billion is approximately 880 times earnings for the year. This is a simple arithmetic derivation based on a single month's data.
The average fee per transaction was $0.03477, a month-on-month decrease of 2.91%, which means earnings are likely to remain moderate even if usage increases. In addition, the number of developers fell slightly by 0.12% to 846, indicating that the avalanche of growth is uneven across all dimensions of the dashboard.
Driving force behind AVAX institutional adoption growth
Several important initiatives have been implemented in recent weeks:
- Paxos support: On September 17, Paxos added USDC support for AVAX and Avalanche releases.
- Helicon upgrade: will be launched on September 22, shortening the minimum pledge period from 14 days to 48 hours.
- Goldman Sachs participation: Through Lynq (the clearing network on private Avalanche L1), Goldman Sachs 'fund pool became available, and tokenized stock inflows reached $131.2 million in a week.
According to Yahoo Finance, banks that settle on private chains can use stablecoins instead of native tokens, so institutional adoption of AVAX may not directly create demand for tokens. In addition, ICE has tested Avalanche for 24/7 tokenized stock trading, but has not yet made a commitment. This somewhat alleviated previous news frameworks about strong institutional demand.
What should readers focus on next?
There are three key points worth noting for the latest avalanche dynamics in October 2026:
- Whether Chainobserve's 30-day data will turn positive growth again.
- Whether the definition of this indicator will be clarified.
- Whether institutional tools can bring measurable usage to the main network.
Readers who follow AVAX news and the latest cryptocurrency developments should compare and analyze media reports with dashboard data.
Conclusion
The latest avalanche news shows steady institutional activity, but the data is mixed. Whether the growth and renewal of network revenue and avalanche ecosystems can be transformed into lasting demand for tokens remains an unsolved mystery and needs further observation by the market.
