Avalanche's blockchain demonstrates robust user engagement with 22,191 new depositors since January 2024 and an impressive 86% of users choosing to stake tokens. The network shows significant staking activity, with 6.59M AVAX staked and 5.87M AVAX unstaked, representing approximately $262.53M in total staking transactions. The staking platform has experienced massive growth, expanding from $306K to $6.59M total value locked—an 1100% increase—while maintaining a decentralized user base, with 58.4% of users holding between 0.1-5 AVAX tokens.