Avalanche Chain’s total value locked reaches 2.1 billion USD after doubling

Avalanche’s total value locked (TVL) doubled to 2.1 billion USD since April. Major institutional investments and gaming ecosystem growth played substantial roles in this increase.

The recent Octane upgrade has lowered gas fees, encouraging user activity. Noteworthy asset migrations from funds like VanEck and SkyBridge Capital have also contributed to the chain’s success.

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