AVAX recorded a net inflow of 6.5 million USD in ETH over 24 hours. This suggests increasing interest among major investors, despite AVAX’s recent price drop.
Despite rising on-chain transactions, the trading volume on decentralized exchanges (DEX) for AVAX has plummeted to 5 million USD, indicating reduced trading engagement among users.
The stablecoin supply on Avalanche has decreased to 1.1 billion USD, highlighting a decline in demand for stablecoins, which further challenges AVAX’s market position.
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