Avalanche chain TVL doubles in two quarters to $2.1 billion

According to Jinse Finance, citing The Defiant, the total value locked (TVL) on the Avalanche blockchain has doubled since April to approximately $2.1 billion, mainly driven by institutional capital inflows, the expansion of the gaming ecosystem, and network upgrades. At the beginning of the year, the Octane upgrade reduced gas fees, and VanEck and Sky Bridge Capital respectively announced the establishment of funds and asset migration to Avalanche. In the first half of 2025, on-chain transaction volume surpassed 1.4 billion. Experts point out that TVL growth depends on institutional demand, and its sustainability remains to be seen in the future.