$AVAX : Q3/2024 Stuck in Neutral? 🚩

AVAX had a mixed bag in Q3. đŸ“ŠđŸ’Œ While the price didn't take off, it did outperform king of #Altcoins , $ETH đŸ€Ș

Let's break down AVAX's performance: đŸ’»đŸ‘€đŸ‘‡

⛔ Price: Didn't move much, -2% during the last 3 months. 📉

▶ Daily Users: Pretty stable, around 25k-30k per day.

▶ Daily Transactions: Also stable, around 150k per day.

✅ TVL: Increased from $729 million to over $1 billion. đŸ“ˆđŸ”„

▶ Stablecoin Usage: Up slightly to over $2.3 billion. đŸ˜€

Overall, #AVAX had a decent Q3. đŸ€· The price didn't skyrocket, but it's still outperforming other major L1 coins. 😅 And the increase in TVL and stablecoin usage is a good sign.

So, is AVAX worth holding? đŸ€” Share your thoughts with us in comment below! DYOR! #AvalancheAVAX