Avalanche的Defi卷傾角：ETH流足夠激發集會嗎？

儘管ETH流入了，但雪崩仍面臨偏移量的下降。增加的鏈上活動和用戶參與是否足以觸發持續的Avax集會？

Avalanche [AVAX] has seen its price dip recently, raising questions about its short-term prospects. While Ethereum [ETH] investors are showing interest, a decline in DeFi activity presents a mixed picture. Let's dive into what's happening with Avalanche, the flow of ETH, and the overall DeFi volume.

Avalanche [Avax]最近看到了其價格下跌，引發了有關其短期前景的疑問。儘管以太坊[ETH]投資者表現出興趣，但Defi活動的下降表現出了不同的情況。讓我們深入了解雪崩，ETH的流量和整體偏差量。

Ethereum Capital Creeping In

以太坊資本蔓延

Investor sentiment is shifting as liquidity moves across assets. Recent analysis shows a net inflow of $7 million into the AVAX ecosystem, with $6.5 million coming from ETH. This influx suggests that strong market participants are eyeing AVAX.

隨著流動性跨資產的轉移，投資者的情緒正在轉移。最近的分析表明，淨流入為700萬美元進入Avax生態系統，650萬美元來自ETH。這種湧入表明，強大的市場參與者正在關注avax。

On-Chain Activity Surges

鏈活動激增

AVAX Daily Transactions hit a three-month high of 1.3 million, indicating a surge in network usage. Daily Active Addresses also climbed to their highest point in June, suggesting genuine user interaction rather than bot-driven spikes. If this trend continues, it could lead to sustained accumulation of AVAX.

Avax Daily Transactions的三個月高點為130萬，表明網絡使用率激增。每日活動地址也爬到了6月的最高點，這表明真正的用戶互動而不是機器人驅動的尖峰。如果這種趨勢繼續下去，它可能會導致avax的持續積累。

Low DeFi Activity Raises Questions

低defi活動提出問題

Despite the on-chain surge, DeFi metrics tell a different story. Decentralized Exchange (DEX) trading volume has dropped to around $5 million, its lowest in three months. This suggests that on-chain traders aren't actively using AVAX, potentially contributing to its price decline. Additionally, the Stablecoin Supply on Avalanche has fallen to its lowest level, indicating reduced demand.

儘管有鏈上的激增，但DEFI指標講述了一個不同的故事。分散交易（DEX）交易量已下降到500萬美元左右，這是三個月內最低的。這表明，鏈貿易商並沒有積極使用Avax，可能導致其價格下降。此外，雪崩的穩定供應已下降到最低水平，表明需求減少。

A Contrarian View and Personal Take

逆勢和個人觀點

While the data presents a mixed bag, the ETH inflow and on-chain activity surge suggest underlying confidence in Avalanche. It's like seeing people move into a neighborhood while some businesses are temporarily closing shop. The foundation is there, but the ecosystem needs a catalyst to reignite DeFi activity.

儘管數據表現出混合的袋子，但ETH流入和鏈上活動激增表明對雪崩的信心是基本的。就像看到人們搬進社區時，一些企業正在暫時關閉商店。基金會在那裡，但是生態系統需要催化劑才能重新點燃defi活動。

One potential catalyst could be focusing on making it easier for developers to build on the platform. As seen with Qubetics' native tooling and structured presale gains, developers flock to the path of least resistance. Avalanche could take note and streamline its development environment to attract more builders and, subsequently, more DeFi activity.

一種潛在的催化劑可能專注於使開發人員更容易在平台上構建。正如碼頭的天然工具和結構化的預售所見所示，開發人員湧向阻力最小的路徑。雪崩可以注意並簡化其開發環境，以吸引更多的建築商，然後吸引更多的偏見活動。

Final Thoughts

最後的想法

Avalanche's current situation is a bit of a puzzle. While ETH investors are showing interest and on-chain activity is up, the decline in DeFi volume raises concerns. Whether Avalanche can turn things around remains to be seen, but it's definitely a space to watch closely. Keep an eye on those metrics, folks—they might just give us a glimpse into the future of AVAX!

雪崩的當前情況有點難題。儘管ETH投資者表現出興趣並在鏈上活動不斷增長，但Defi量的下降引起了人們的關注。雪崩能否扭轉局面還有待觀察，但這絕對是一個密切關注的空間。伙計們，請密切關注這些指標，他們可能只會讓我們瞥見Avax的未來！