Tag: AVAX
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Avalanche Stablecoins Surge 70%, But AVAX Struggles
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Despite a sharp rise in stablecoin supply on the Avalanche (AVAX) network, its native token remains under pressure. AVAX has lost nearly 60% of its value over the past year, highlighting concerns over capital deployment in DeFi and broader market uncertainty. Stablecoin Supply Jumps to $2.5B The stablecoin supply on Avalanche surged by over 70%…