Avalanche (AVAX) faced notable declines across key metrics, casting shadows over its performance trajectory going into Q3. Reports from Coin98 Analytics and recent market analyses reveal a mixed bag of results for AVAX, prompting speculation on its potential for recovery and growth in the months ahead.

Avalanche’s Q2 Performance Overview

According to Coin98 Analytics, Avalanche reported a total of $3.5 million in fees and revenue during Q2 2024, marking a concerning 22% decrease compared to the same period in 2023.&middot

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