$AVAX price is down, TVL is -$50M, and DEX volume is down 40%
Looks bearish, right?
But on-chain is heating up:
> Active addresses: +221%
> Transactions: +109%
> Fees: $19.5K → $24.3K
> 90% of txn = OpenSea NFTs
NFT sector on AVAX grew 78.1% in 30 days
Narrative shift incoming:
From DeFi capital → NFT culture
From TVL → actual users

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