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Avalanche (AVAX) DEX Volumes Hit $1.3B All Time-High Amid Scaramucci-led Treasury Fundraise
Yahoo Finance·2025-09-24 20:53

Avalanche gained another 2.5% on Sept. 24, consolidating near the 35level.ThemovecomesdespitenegativereactionstotheFed’sSept.18ratecut,whichhasweighedheavilyonthebroadercryptomarket,cappingBTCbelow35 level. The move comes despite negative reactions to the Fed’s Sept. 18 rate cut, which has weighed heavily on the broader crypto market, capping BTC below 115,000 and ETH under 4,200.On−chaindatatrendssuggestAvalanche’spriceresilienceinrecentweeksistiedtorisingDeFiactivity.DefiLlamadatashowsAvalancheDEXvolumessurgedtoarecord4,200. On-chain data trends suggest Avalanche’s price resilience in recent weeks is tied to rising DeFi activity. DefiLlama data shows Avalanche DEX volumes surged to a record 1.3 billion intraday on Sept. 24, breaching the 2025 peak of $1.18 billion set on Sep ...