Avalanche's decentralized finance (DeFi) total value locked (TVL) has exceeded $2 billion, marking a significant doubling since spring. The native token AVAX is currently testing the $36 resistance level, with projections suggesting a potential breakthrough to $44. This bullish momentum is supported by increased spot trading volume and daily exchange outflows of $1 million, indicating strong capital accumulation and reduced selling pressure.
Avalanche's DeFi TVL Surpasses $2 Billion, AVAX Eyes $44
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