Avalanche Ecosystem Assessment As AVAX Increases 100%

AVAX is up over 100% in the last 30 days.
RSI was overbought and some indicators were also weak.

Avalanche (AVAX) has seen steady growth recently in the DeFi space as key indices continue to rise. But will the growth of blockchains in the DeFi ecosystem be enough to remain strong, or are other factors also supporting AVAX?
In this regard, avalanches are increasing.
AMBCrypto examined Artemis’ data to find out how Avalanche is performing in the DeFi space.
Our analysis shows that TVL on the blockchain has continued to grow steadily for several consecutive months. This was a positive development because the higher the TVL of a blockchain, the more secure and valuable it is perceived to be.
Source: Artemis
CryptoDep recently posted a tweet revealing Avalanche’s project and dapp that helped the blockchain achieve this growth in TVL.
The tweet mentioned all the top DApps on AVAX in terms of volume over the past 30 days.
Trader Joe’s took first place, with trading volume exceeding $1 billion. In addition to Trader Joe’s, WooFi, Paraswap, GMX, and Uniswap also ranked in the top five on the same list.

Top 10 dApps by volume on @Avax (30 days)
Here are the top dApps by volume in #Avalanche over the last 30 days, according to data from @DappRadar. $JOE $WOO $PSP $GMX $UNI $AAVE $STG $PNG $QI $AVAX #AVAX pic.twitter.com/ktgX3B3btO
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