$AVAX Is Quietly Building One Of The Strongest Institutional Narratives In Crypto Q2 2026 was packed with bullish developments: ▶️ Bitwise's BAVA staking ETF launched after Grayscale's GAVA, with more AVAX ETF approvals expected. ▶️ C-Chain added 707K new addresses (6x QoQ), while DeFi TVL reached $2.1B. ▶️ Kraken launched AVAX staking with up to 10% APY. ▶️ Hyperliquid added spot AVAX trading, boosting liquidity. ▶️ Tassat Group adopted Avalanche for institutional payments and collateral mobility. ▶️ BlackRock's BUIDL remains a major asset on Avalanche as stablecoin supply grew to $1 .66B, making it the 10th largest stablecoin network. ▶️ Broadridge built tokenized equity governance infrastructure on Avalanche L1. Avalanche continues to attract institutions, expand on-chain activity, and strengthen its long-term fundamentals. Source: DefiLlama Q2 AVAX Report.