Coin98: Avalanche's Q2 expenses and revenue totaled $3.5 million

Coin98 Analytics disclosed Avalanche's second quarter financial report data this year, the main contents include: 1. Avalanche's expenses and revenues in the second quarter totaled 3.5 million US dollars; 2. AVAX transaction volume reached an astonishing 42.5 billion US dollars, an increase of more than 165% compared with the same period last year; 3. Avalanche has conducted more than 101 million transactions in the second quarter, created 2.3 million new addresses in all subnets, and the total number of independent addresses reached more than 21 million, an increase of 92% over the same period last year; 4. Avalanche TVL is 710 million US dollars; NFT sales exceeded 28.3 million US dollars, a year-on-year increase of 10 times; the total market value of on-chain stablecoins reached 1.6 billion US dollars, of which USDT and USDC increased by 10.1% and 4.4% month-on-month respectively.