Avalanche (AVAX) DEX Volumes Hit $1.3B All Time-High Amid Scaramucci-led Treasury Fundraise

Avalanche gained another 2.5% on Sept. 24, consolidating near the $35 level. The move comes despite negative reactions to the Fed’s Sept. 18 rate cut, which has weighed heavily on the broader crypto market, capping BTC below $115,000 and ETH under $4,200. On-chain data trends suggest Avalanche’s price resilience in recent weeks is tied to rising DeFi activity. DefiLlama data shows Avalanche DEX volumes surged to a record $1.3 billion intraday on Sept. 24, breaching the 2025 peak of $1.18 billion set on Sep ...