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Avalanche's DeFi use surges 295% in weeks, AVAX One reports $49.9M Q3 net income amid growing network activity.

Protocol Fundamentals
14 Nov 2026, 19:00 WIB
AMBCrypto
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Neutral
Avalanche's DeFi use surges 295% in weeks, AVAX One reports $49.9M Q3 net income amid growing network activity.

Avalanche's decentralized finance (DeFi) adoption is rapidly increasing, with deposits on Aave v4 surpassing $225 million and growing 295% in two weeks. AVAX One, a treasury focused on Avalanche tokens, reported a strong Q3 with $49.90 million net income and significant digital asset gains. The treasury is actively buying AVAX tokens and shares, holding over 14 million AVAX with most staked at nearly 6% annual yield. Despite this growing activity and institutional interest, AVAX price is testing key support levels around $8, facing potential downside amid weak market conditions.

Avalanche's DeFi deposit surge is the subject, with Pluang market data as context for readers. As of Nov 14, 2026 23:21 WIB, out of 50 major cryptocurrencies priced on Pluang, only 4 rose while 45 fell. Notable movers include Balancer (BAL) at Rp16.297 with an 11.14% increase, Tezos (XTZ) at Rp3.945 down 10.20%, and MultiversX (EGLD) at Rp48.951 down 10.17% with a 91% sell order activity. The most notable figure is BAL's 11.14% gain.

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