According to PANews, the total value locked (TVL) on the Avalanche blockchain has doubled since April, reaching approximately $2.1 billion. This growth is attributed to increased institutional investment, expansion of the gaming ecosystem, and network upgrades. The Octane upgrade earlier this year reduced gas fees, while VanEck and SkyBridge Capital announced the establishment of funds and asset migration to Avalanche. In the first half of 2025, on-chain transactions surpassed 1.4 billion. Experts note that the TVL growth is driven by institutional demand, but its sustainability remains uncertain.