TL;DR
- Avalanche DeFi TVL has skyrocketed to $1.5 billion, thanks to a little upgrade magic. ✨
- Daily AVAX activity is off the charts with 519K users and a whopping 10M transactions. Who knew crypto could be this popular? 😲
- AVAX is flirting with a multi-year trendline, eyeing a potential breakout to $140. Talk about ambition! 💸
DeFi Activity Rises After Network Upgrade
Avalanche’s DeFi ecosystem has been on a growth spurt that would make any gym-goer jealous. Total value locked (TVL) has jumped 37%, hitting $1.5 billion, all thanks to the Octane upgrade. Faster transactions, lower fees, and a user interface that doesn’t make you want to pull your hair out? Yes, please! 🙌
Data shows that both AVAX-based and USD-based TVL have been steadily climbing since early 2025. The USD value crossed $2.2 billion in late May, while AVAX-denominated TVL has surpassed 70 million tokens. It’s like watching your savings account grow, but way more exciting! 💰
Reports from Messari reveal that Avalanche’s network usage has been busier than a coffee shop on Monday morning. Daily transactions shot up by almost 170% to an average of 10.1 million. Daily active addresses are also averaging over 519,000, which is up 210%. Who knew so many people were into this? 🤷♀️
State of @avax Q2
Key Update: Avalanche’s Octane upgrade slashes transaction costs, fueling explosive growth across DeFi, gaming, and enterprise adoption.
QoQ Metrics
• Daily active addresses 210.4% 📈
• Average daily transactions 169.91% 🚀
• DeFi TVL 37.1% 💥Read the…
— Messari (@MessariCrypto) July 24, 2025
These increases are covering activity from Avalanche’s main C-Chain and its Layer 1 subnets. The Octane upgrade has made things smoother than a buttered slide, reducing friction for users and applications alike. The numbers are pointing to a growing user base and stronger project engagement. Who knew crypto could be this friendly? 🤗
AVAX Price Builds Momentum Near $27
Avalanche (AVAX) is currently priced at $27, which is a 9% gain over the last 24 hours. It’s like the little token that could! 🚂 With a 7-day increase of 4% and trading volume just under $1 billion, it’s clear that AVAX is making waves.
Meanwhile, the token has been playing it cool within a tight range, with buyers defending key support levels like a knight in shining armor. If it holds above $27, analysts are whispering about a potential test of the $30 mark next. Current trends suggest that on-chain growth is finally reflecting in the token’s performance. Hooray for progress! 🎉
Long-term chart data shows that AVAX is testing a descending trendline that’s been around since late 2021. It’s like a stubborn ex that just won’t go away. Price action is currently dancing on the line of this resistance area, which also includes a rounded bottom pattern from 2022 to 2025. Sounds fancy, right? 😏
A move above the trendline could open the door to a stronger price push. Chart analyst Smith sees a potential climb toward $140 if volume steps in. That would be nearly an eightfold gain from current levels. While the breakout isn’t confirmed yet, traders are watching this setup like hawks as altseason activity heats up. 🔥
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2025-07-28 20:31