According to recent reports, activity within the Avalanche ecosystem has experienced a notable decline, particularly in the deployment of smart contracts. This decline, coupled with a decrease in decentralized exchange (DEX) volumes, has sparked discussions about the platform’s sustainability and competitiveness in the rapidly evolving blockchain industry.

Despite these setbacks, the total value locked (TVL) within the Avalanche network remains relatively high, suggesting that there is still confidence among users and investors in the platform’s underlying technology.&middot

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