Avalanche Sees Institutional Inflows as USDC Bridge and Three ETFs Launch
Avalanche experienced several significant developments this week:
- **Circle launched a USDC bridge** for Avalanche C-Chain
- **Three spot AVAX ETFs went live** from VanEck, Grayscale, and Bitwise
- **Daily transactions reached 3.6 million**, indicating growing network activity
These developments suggest institutional capital is entering the Avalanche ecosystem. Dexalot, a central limit order book (CLOB) DEX on Avalanche, now offers AVAX/USDC trading with zero slippage on limit orders.
The platform reported $18.57M in 24-hour volume and $71M weekly volume, with $36B traded all-time.