Bonk is among the altcoins that saw a significant price dip early Tuesday as profit taking dented bulls’ momentum. The Bonk (BONK) crypto had jumped to highs of $0.0000256 as Bitcoin (BTC) broke to above $105k amid a U.S.-China trade…

Bonk crypto eyes bounce as bulls buy amid 12% dip

DeFi Development Corp. (Nasdaq: DFDV) announced the acquisition of 172,670 
solana ( SOL) tokens at an average price of $136.81, totaling approximately 
$23.6 million, marking the company’s largest purchase of solana to date and 
its tenth acquisition under its digital asset treasury strategy. Following 
this transaction, DeFi Development Corp. now holds a total of 595,988 […]

DeFi Development Corp. Acquires $23.6 Million in Solana, Expanding Total Holdings to 595,988 SOL

Avalanche’s native token rose in tandem with a surge in on-chain activity. 
AVAX has been able to sustain a 25% increase in the last week, as the network 
hit two new highs. Daily transactions reached nearly 11 million on May 11, 
2025. Active addresses jumped to 950,000—the most since June 2023. Related 
Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its 
Ceiling Record Transaction High According to the Avalanche Foundation, the 
platform saw its single-day transaction count hit 10.8 million. That figure 
tops every previous high. It shows a burst of action across DeFi apps, gaming 
projects, and automated scripts. Some of those transactions come from bots, 
but many reflect real users swapping tokens or minting NFTs. Activity across 
the Avalanche network is surging, with milestones achieved on May 11th, 2025: 
🔺 10.8M+ daily transactions — an all-time high 🔺 950K active addresses — 
highest since June 2023 🔺 Nearly 30M contracts deployed — and growing Momentum 
is building across the… pic.twitter.com/ZfN8PfoJqk — Avalanche Foundation 🔺 
(@AvalancheFDN) May 12, 2025 Active User Growth Based on reports, nearly 
950,000 addresses interacted with the network in one day. That is the 
strongest turnout in almost two years. Everyday people and developers both 
play a part. Nearly 30 million smart contracts have been deployed on Avalanche 
so far. Each new contract adds another tool or game for users. Price Moves And 
Market Trends AVAX broke above $24.55 resistance this week. That move linked 
up with a broader rally in top tokens, leaving AVAX about 110% higher over the 
past 14 days. Bitcoin raced past $105,000, and risk assets rallied after a US- 
China trade deal was signed in Switzerland. Stocks opened sharply higher, and 
crypto followed suit. Traders say looser trade tensions often lift coins. 
Avalanche is thriving going into Summit! Can’t wait to share what we and our 
partners have been working on. Even these numbers will look minuscule in time. 
https://t.co/5JK5cjNjNV — Emin Gün Sirer🔺⚔️ (@el33th4xor) May 12, 2025 Outlook 
For Avalanche Summit The network is heading into its Avalanche Summit in 
London with strong momentum. Ava Labs founder Emin Gün Sirer posted on X that 
milestones like these “will look minuscule in time.” He hinted that bigger 
announcements lie ahead. If new partnerships or protocol upgrades arrive at 
the summit, both usage and AVAX price could get another boost. The pullback in 
selling pressure has been in place since February. Now, buyers are stepping in 
again. That suggests confidence in Avalanche’s tech and its community. The 
token once hit an all-time high above $146 in November 2021. Since then, it 
has seen ups and downs, but the recent surge shows users and investors remain 
interested. Related Reading: Bitcoin’s $104,000 Peak Sparks High-Stakes Short 
Positions – Details Analysts at Nansen voiced a bullish view, too. Aurelie 
Barthere said she expects altcoins, equities, and even the US dollar to climb 
together. That outlook depends on continued positive news—both from markets 
and from Avalanche itself. For now, Avalanche stands among the top layer-1 
blockchains in daily use. The numbers speak for themselves: 10.8 million 
transactions on a single day, nearly 1 million active addresses, and millions 
of contracts ready to go. Featured image from Gemini Imagen, chart from 
TradingView

Avalanche Rumbles 21% Amid Record-Breaking Address Activity

Bitcoin&#8217;s dominance is falling, while Ethereum saw a major rally, pointing to 
a potential coming altcoin season.

Falling Bitcoin dominance suggests altcoin season might be coming: MEXC COO

Polygon’s native cryptocurrency, POL, is trading around $0.258 as of May 13, 
2025 — still far from its all-time highs and struggling to gain strong upward 
momentum. Despite broader market volatility, Polygon (POL) has been busy 
building. The network is…

Polygon crypto price: Can Polygon’s tech push revive the token’s price?

Abraxas Capital has accelerated its accumulation of Ethereum with another 
massive buy worth over $84.7 million. The asset management firm, which has 
aggressively bought Ethereum (ETH) over the past week, added to its growing 
haul with another 33,482 ETH. According…