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AVAX on Fire: Traders Target $140 as Avalanche DeFi Heats Up


by Olivia Stephanie
for CryptoPotato
AVAX on Fire: Traders Target $140 as Avalanche DeFi Heats Up

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TL;DR

  • Avalanche DeFi TVL rose to $1.5 billion, driven by faster speeds and lower fees following the upgrade.
  • Daily AVAX activity surged, with 519K users and 10M transactions recorded across chains.
  • AVAX is testing a multi-year trendline, with a potential breakout targeting $140 next.

DeFi Activity Rises After Network Upgrade

Avalanche’s DeFi ecosystem has grown sharply over the last quarter. Total value locked (TVL) climbed 37%, reaching $1.5 billion, after the launch of the Octane upgrade, which introduced faster transaction confirmations, lower fees, and a smoother user interface.

Read the article at CryptoPotato

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AVAX on Fire: Traders Target $140 as Avalanche DeFi Heats Up


by Olivia Stephanie
for CryptoPotato
AVAX on Fire: Traders Target $140 as Avalanche DeFi Heats Up

Share:

TL;DR

  • Avalanche DeFi TVL rose to $1.5 billion, driven by faster speeds and lower fees following the upgrade.
  • Daily AVAX activity surged, with 519K users and 10M transactions recorded across chains.
  • AVAX is testing a multi-year trendline, with a potential breakout targeting $140 next.

DeFi Activity Rises After Network Upgrade

Avalanche’s DeFi ecosystem has grown sharply over the last quarter. Total value locked (TVL) climbed 37%, reaching $1.5 billion, after the launch of the Octane upgrade, which introduced faster transaction confirmations, lower fees, and a smoother user interface.

Read the article at CryptoPotato

In This News

Coins


Funds

Share:

In This News

Coins


Funds

Share:

Read More

Hyperliquid (HYPE) Faces Key Test: Drop to $25 Ahead?

Hyperliquid (HYPE) Faces Key Test: Drop to $25 Ahead?

HYPE tests the $36 resistance after rebound; traders watch for a breakout toward $50 ...
Ripple Wave 5 Starting? Breakout Could Send XRP Above $5

Ripple Wave 5 Starting? Breakout Could Send XRP Above $5

XRP nears key breakout level as analysts track Wave 5 potential; whale wallets offloa...