雪崩，区块链，DEX Surge：是什么推动了Avax炒作？

雪崩正在以机构的兴趣，飙升的DEX量和创新的一体化引起轰动。这是Avax Bull Run的开始吗？

Avalanche is turning heads! With big-money investments, record DEX volumes, and a flood of new users, AVAX is looking like a serious contender in the blockchain space.

雪崩正在转头！凭借大型投资，创纪录的DEX量以及大量的新用户，Avax看起来像是区块链领域的认真竞争者。

Avalanche's Ascent: A Perfect Storm?

雪崩的上升：一场完美的风暴？

Avalanche (AVAX) is currently the ray of hope in the cryptocurrency world, with regard to institutional ambition and on-chain innovation. The AVAX token was down 7.6 per cent on September 25, 2025, and was trading at approximately 30 following a recent jump to 35 due to ETF speculation.

关于机构的野心和链创新，雪崩（Avax）目前是加密货币界的希望射线。 2025年9月25日，Avax令牌下跌了7.6％，由于ETF猜测，最近跃升至35的交易约为30％。

Institutional Adoption Heats Up

机构采用升温

One of the biggest headlines is AgriFORCE Growing Systems Ltd., a Nasdaq-listed agritech company, reorganizing as AVAX One. This makes them the first publicly traded company to be AVAX-based, with plans to inject a whopping $550 million into the Avalanche ecosystem. Anthony Scaramucci's Hivemind Capital Partners is also backing this initiative, adding even more credibility.

最大的头条新闻之一是Agriforce Growing Systems Ltd.，这是一家纳斯达克上市的Agritech公司，重组为Avax One。这使他们成为第一家以雅芳河为基础的公开交易的公司，并计划向雪崩生态系统注入高达5.5亿美元的资金。 Anthony Scaramucci的Hivemind Capital Partners也支持这项倡议，增加了更高的信誉。

This is a game-changer. Having AVAX publicly traded has the potential to attract traditional investors concerned about holding crypto assets directly.

这是一个改变游戏规则的人。公开交易的avax有可能吸引关注直接持有加密资产的传统投资者。

DEX Volumes Explode

DEX卷爆炸

While the market is experiencing price jitters, Avalanche's decentralized finance (DeFi) industry is booming. DEX volumes hit a record $1.3 billion on September 24, surpassing the previous day's record. This suggests that traders are actively using Avalanche's liquidity pools and yield farming opportunities within the ecosystem.

虽然市场正在经历价格震动，但雪崩的分散融资（DEFI）行业蓬勃发展。 Dex卷在9月24日达到了创纪录的13亿美元，超过了前一天的记录。这表明贸易商正在积极使用雪崩的流动性池，并在生态系统内产生耕作机会。

Protocols like Trader Joe and Pangolin are seeing massive inflows, and the total value locked (TVL) is increasing. This DeFi frenzy is fueled by Avalanche's technical advantages: sub-second finality, near-zero fees, and recent upgrades that significantly reduced transaction costs.

诸如Trader Joe和Pangolin之类的协议正在看到大量流入，并且锁定的总价值（TVL）正在增加。雪崩的技术优势助长了这种Defi Frenzy：次秒终结性，接近零的费用以及最近降低交易成本的近期升级。

Massive User Onboarding

大量用户入职

Binary Holdings (TBH), a telecommunications giant, launched its native Layer-1 blockchain, The Binary Network, on Avalanche. This integration brings 169 million registered users and 75 million active wallets into the AVAX ecosystem. It is optimised towards the subnets of Avalanche, which allows Web3 devices to be seamlessly embedded into any regular mobile experience.

电信巨头Binary Holdings（TBH）在Avalanche上推出了其本地层1区块链二进制网络。这种集成将1.69亿注册用户和7500万个活跃钱包带入了Avax生态系统。它针对雪崩的子网进行了优化，该子网允许Web3设备无缝嵌入任何常规的移动体验中。

This is a masterstroke of mass adoption. By leveraging TBH's telco infrastructure, Avalanche is reducing user friction and onboarding non-crypto natives.

这是大规模收养的硕士学位。通过利用TBH的电信基础架构，雪崩正在减少用户摩擦和登机非crypto本地人。

ETF Buzz and Regulatory Tailwinds

ETF的嗡嗡声和监管方风

Bitwise Asset Management filed for a pure-play AVAX ETF, following similar bids from Grayscale and VanEck. Analysts estimate a high probability of approval by the end of 2025, signaling growing regulatory acceptance of Avalanche's proof-of-stake model and compliance features.

在Grayscale和Vaneck的类似出价之后，Bitwise Asset Management申请了纯种Avax ETF。分析师估计到2025年底之前的批准可能性很高，这表明了对雪崩的商品证明模型和合规性特征的监管的日益增长的接受。

Additionally, the U.S. Treasury and the HM Treasury of the UK announced a cross-border regulatory taskforce to harmonize crypto regulations. This could further accelerate the enterprise push of AVAX, particularly in the realm of tokenized assets.

此外，美国财政部和英国HM财政部宣布了一个跨境监管工作组，以协调加密法规。这可能会进一步加速企业对avax的推动，尤其是在令牌资产领域。

My Take: AVAX is Building Something Real

我的看法：avax正在建造真实的东西

While the crypto market can be unpredictable, Avalanche's recent developments suggest a solid foundation for long-term growth. The combination of institutional investment, thriving DeFi activity, massive user onboarding, and favorable regulatory trends paints a bullish picture for AVAX. The rise of DEXs signals a broader shift toward decentralized infrastructure and user-driven financial systems.

虽然加密货币市场可能是不可预测的，但雪崩最近的发展为长期增长提供了稳固的基础。机构投资，蓬勃发展的Defi活动，大量的用户入职和有利的监管趋势的结合为Avax的看涨图片。 DEX的兴起标志着向分散基础架构和用户驱动的金融系统的更广泛的转变。

Of course, there are risks. Over-reliance on hype can lead to corrections, and regulatory hurdles could still emerge. However, Avalanche's focus on utility and scalability makes it a compelling contender in the blockchain space.

当然，有风险。过度依赖炒作可能会导致纠正，而监管障碍仍可能出现。但是，雪崩对效用和可扩展性的关注使其成为区块链空间中引人入胜的竞争者。

The Future is Bright (Maybe)

未来是光明的（也许）

So, is AVAX the next big thing? Only time will tell. But with all these exciting developments, it's hard not to feel a little optimistic. Keep an eye on Avalanche – it might just surprise us all!

那么，Avax是下一个大事吗？只有时间会证明。但是，随着所有这些令人兴奋的发展，很难不感到有些乐观。密切关注雪崩 - 这可能会让我们所有人感到惊讶！