Avalanche的Defi卷倾角：ETH流足够激发集会吗？

尽管ETH流入了，但雪崩仍面临偏移量的下降。增加的链上活动和用户参与是否足以触发持续的Avax集会？

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]最近看到了其价格下跌，引发了有关其短期前景的疑问。尽管以太坊[ETH]投资者表现出兴趣，但Defi活动的下降表现出了不同的情况。让我们深入了解雪崩，ETH的流量和整体偏差量。

Ethereum Capital Creeping In

以太坊资本蔓延

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.

随着流动性跨资产的转移，投资者的情绪正在转移。最近的分析表明，净流入为700万美元进入Avax生态系统，650万美元来自ETH。这种涌入表明，强大的市场参与者正在关注avax。

On-Chain Activity Surges

链活动激增

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的三个月高点为130万，表明网络使用率激增。每日活动地址也爬到了6月的最高点，这表明真正的用户互动而不是机器人驱动的尖峰。如果这种趋势继续下去，它可能会导致avax的持续积累。

Low DeFi Activity Raises Questions

低defi活动提出问题

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.

尽管有链上的激增，但DEFI指标讲述了一个不同的故事。分散交易（DEX）交易量已下降到500万美元左右，这是三个月内最低的。这表明，链贸易商并没有积极使用Avax，可能导致其价格下降。此外，雪崩的稳定供应已下降到最低水平，表明需求减少。

A Contrarian View and Personal Take

逆势和个人观点

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.

尽管数据表现出混合的袋子，但ETH流入和链上活动激增表明对雪崩的信心是基本的。就像看到人们搬进社区时，一些企业正在暂时关闭商店。基金会在那里，但是生态系统需要催化剂才能重新点燃defi活动。

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.

一种潜在的催化剂可能专注于使开发人员更容易在平台上构建。正如码头的天然工具和结构化的预售所见所示，开发人员涌向阻力最小的路径。雪崩可以注意并简化其开发环境，以吸引更多的建筑商，然后吸引更多的偏见活动。

Final Thoughts

最后的想法

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!

雪崩的当前情况有点难题。尽管ETH投资者表现出兴趣并在链上活动不断增长，但Defi量的下降引起了人们的关注。雪崩能否扭转局面还有待观察，但这绝对是一个密切关注的空间。伙计们，请密切关注这些指标，他们可能只会让我们瞥见Avax的未来！