#Avalanche financial report is here! 🥳 In the second quarter of this year, Avalanche's fees and revenues totaled $3.5 million, and AVAX transaction volume reached a staggering $42.5 billion, an increase of more than 165% year-on-year, with more than 101 million transactions. At the same time, 2.3 million new addresses were created in all subnets, and the total number of independent addresses reached more than 21 million, a year-on-year increase of 92%. Avalanche TVL was $710 million, NFT sales exceeded $28.3 million, a 10-fold year-on-year increase, and the total market value of on-chain stablecoins reached $1.6 billion, of which USDT and USDC increased by 10.1% and 4.4% month-on-month, respectively. What do these data reveal to you? Feel free to share your thoughts in the comments section!