The Avalanche ecosystem takes off with the rise of AVAX
Source: CoinWorld
Time: 2025-09-19 04:59:15
Avalanche Network’s DEX transaction volume hit $12 billion in August, the highest since 2022, and reached $9 billion in September. The AVAX token surged to $34.8, up 20% on the weekly basis, up 115% from its April low, but still 35% below its December peak. Driven by a stronger altcoin market and speculation surrounding the Avalanche Foundation’s plan to raise $1 billion in digital assets, TVL doubled in six months.