Avalanche deposits on Aave v4 surpassed $225 million less than two months after the launch of the protocol’s first expansion beyond Ethereum. Total Aave v4 deposits reached a record $1.75 billion, representing more than 295% growth on Avalanche in two weeks, while active loans exceeded $100 million. Meanwhile, AVAX One reported quarterly net income of $49.90 million, driven by $55.10 million in unrealized digital asset gains, and eliminated more than $14.90 million in convertible debt. The treasury now holds 14.17 million AVAX, with 99.7% staked at an annualized rate of 5.85%, and is buying both shares and tokens. Despite this institutional exposure and growing decentralized-finance activity, AVAX was trading between $8 and $9 and could lose the $8 support level, with $7 emerging as the next potential demand level.
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