Avalanche blockchain’s total value locked (TVL) has experienced a significant surge, doubling since April to reach an impressive $2.1 billion, according to recent reports from PANews. This growth is attributed to several factors, including growing institutional investment, the expansion of its gaming ecosystem, and network upgrades. Key milestones include the Octane upgrade earlier this year that significantly reduced gas fees and has contributed to increased user adoption, while VanEck and SkyBridge Capital have launched new funds and initiated asset migration to the Avalanche platform. Additionally, on-chain transactions surpassed 1.4 billion in the first half of 2025, indicating a strong surge in network activity. While experts agree that this rapid TVL growth is fueled by institutional demand, their confidence regarding its long-term sustainability remains mixed.