granite
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Avalanche's network just cranked up the heat ahead of Granite upgrade—transactions tripled to 63M in 30 days (102% surge), users hit 719K (+7%), even as AVAX dips under $16 this week. That's a massive 3040% daily tx spike from early Nov lows, signaling real adoption amid the broader crypto chill.
Institutions aren't sitting out: BlackRock's BUIDL tokenized $500M+ RWAs on Avalanche, plus Grove Finance deploying up to $250M in onchain credit. Small slice of the pie, but it's a clear signal—enterprises warming to AVAX subnets as the fast, compliant L1 play.
Network took a hit though: DEX volume plunged 73% to $108M from Oct highs, TVL down to $2.05B (-42% YTD peak). Long-game scalability bet amid the noise?
AVAX ~$15.67 today.
#AVAX #Granite $AVAX
Institutions aren't sitting out: BlackRock's BUIDL tokenized $500M+ RWAs on Avalanche, plus Grove Finance deploying up to $250M in onchain credit. Small slice of the pie, but it's a clear signal—enterprises warming to AVAX subnets as the fast, compliant L1 play.
Network took a hit though: DEX volume plunged 73% to $108M from Oct highs, TVL down to $2.05B (-42% YTD peak). Long-game scalability bet amid the noise?
AVAX ~$15.67 today.
#AVAX #Granite $AVAX
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