How Ava Labs aims to be the infrastructure for onchain finance
Avalanche Weekly Overview - September 17, 2025
Welcome to the Avalanche Weekly Overview, the AVAX community’s one-stop-shop for the latest on the network’s metrics, releases, insights, updates, ecosystem developments and more. All in one place.
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Avalanche by the numbers
Avalanche Total Value Locked (TVL): $2.09B (+2%)
Avalanche C-Chain daily txns: 1.8M (-14.29%)
Max transactions per second: 392 (-41.93%)
Total Avalanche validators: 906 (+0.55%)
Total Avalanche L1s: 351 (+0.57%)
The percentages and metrics are based on a 7-day timeframe from Token Relations data, unless noted otherwise.
Inside the network
🔺What we’re watching: Avalanche is seeing growth in both institutional adoption and ecosystem development. “We're seeing firms like SkyBridge bring tokenized hedge funds to Avalanche,” Ava Labs’ Director of Ecosystem Relations Brian Lieberman said during the network’s Quarterly Webinar with Token Relations. “People are coming to Avalanche in order to combine app specific networks with real liquidity and enterprise rails for both retail and institutional players.”
🔺Why it matters: In recent months, Avalanche saw new all-time highs for daily active addresses with 23.96 million and daily transactions with 29.7 million 29.7 million daily transactions, and TVL increased 37% to more than $2 billion. TVL spiked to the highest point in the past three years, showcasing the steady resurgence across Avalanche’s network, solidifying its position as the landing place for DeFi. This is because TVL directly correlates to user activity and shows trust in the network.
Institutions are also leveraging Avalanche at scale. Grove Finance deployed $250 million into Janus Henderson tokenized funds; SkyBridge Capital said it would bring $300 million worth of hedge fund capital onchain; and Denari is building a blockchain for tokenized equities that will integrate with Gemini in the US for 24/7 global equity trading.
“These are the flywheels in motion,” Lieberman said. “We’re seeing app-specific L1s launching, strong user growth, and capital coming in from both retail and institutional players to bring real inflow to Avalanche.”
In addition, with money market funds, private credit, payment services, and more being tokenized on Avalanche, developers can do more on the network than ever before. “As a developer [on Avalanche], you are getting predictable fees; sub-second finality and credibility,” Lieberman said. “There's a lot of new kinds of business models that can be unlocked through micropayments and high frequency trading.”
🔺The bigger picture: Looking ahead, Avalanche is positioning itself as infrastructure for onchain capital markets. “We have the infrastructure to support our partners in developing and shipping faster, over time,” Lieberman said. “So I think from a development and transaction perspective, metric milestones show users what’s possible and the potential of what's to come.”
As Avalanche balances ecosystem growth with institutional-grade tokenization, the network looks to become a chain that brings together both retail users and financial institutions. The network’s progress reflects a broader industry trend in which blockchains are increasingly supporting DeFi rails and global capital markets.
“Most importantly, I think [this growth] signals to the institutional folks that we're not just a playground for speculation - this is where real builders are coming to solve real-world problems,” Lieberman said.
Scaling the ecosystem
Avalanche integrated with Ethena and Pendle to enable low-cost options to earn rewards for fixed and variable yield strategies
Bitwise filed a Form S-1 with the SEC for an Avalanche ETF
Avalanche Foundation plans to raise $1B across two deals to establish crypto treasury companies in the US
Token Relations’ Avalanche Dashboard shows:
Aave TVL on the network reached an all-time high of $969M
USDT circulating supply on the network increased 22% to $605M throughout the week
LFJ volume surged 279% to $291.5M from a week earlier
AVAX community wins
Kalshi, a predictions markets platform, enabled users to deposit funds to their account in AVAX
ULTRA KOREA partnered with Equilibrium to create Soul Bound Token on the Avalanche C-Chain to combat ticket scalpers
Danal Fintech collaborated with Ava Labs to empower its stablecoin platform for Paycoin using Avalanche
FIFA Collect opened up sales in USDC on Avalanche for its digital packs
Avalanche Archives
Avalanche developments that made headlines this week:
Building with Avalanche: Four Years of Lessons in Technology, People, Marketing, and Funding (Vlad Korolev on X)
The Cookout Club: Where Alpha Meets Learning (Avalanche Team1)
Where Capital Connects with Global Access: Impact of Stablecoins in LATAM (Avalanche on X)
Check out the Avalanche blog for more updates.
Join in the fun
Want to dive deeper into Avalanche?
Off The Grid opened applications for its Ambassador Pilot Program
Sign up to Helika and Avalanche’s 12-week mentorship program designed to help studios refine, iterate on and scale their game products
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.