[Avalanche Blockchain TVL Doubles in Two Quarters to $2.1 Billion] The total value locked (TVL) on the Avalanche blockchain has doubled since April 2025, reaching approximately $2.1 billion. This growth is primarily driven by the continued inflow of institutional funds, the expansion of the gaming ecosystem, and network upgrades. The Octane upgrade earlier this year significantly reduced gas fees, while VanEck and SkyBridge Capital announced the establishment of related funds and the migration of some assets to Avalanche. Additionally, transaction volume on the Avalanche network surpassed 1.4 billion in the first half of 2025. Experts indicate that the growth in TVL is largely dependent on institutional demand, but its future sustainability remains to be seen.