Avalanche’s native token AVAX is experiencing a surge in activity, with 24-hour DEX volume exceeding $791 million and exchange netflows showing positive shifts. This suggests increasing demand and potential for market changes. Key factors driving this rise include substantial decentralized trading volume, growing smart contract deployment across the Avalanche ecosystem, and preparations for a planned SPAC listing by the Avalanche Treasury Co., which is set to secure an additional $460 million. 24-hour DEX settlements reached a record $791.45 million recently, solidifying its position as one of the busiest networks in terms of transactional liquidity. This recent activity comes alongside a marked increase in smart contract deployments, with total contracts tripling over the past twelve months. While exchange flows show more positive signs after significant outflows earlier in September, the AVAX price remains relatively stable around $30.