Avalanche Market Cap Surges 67% in Q3 2025, Messari Report Shows
Avalanche experienced significant growth in Q3 2025, with its market cap rising 67% to $16.8 billion, driven by DeFi activity resurgence, subnet expansion, and institutional adoption. Total value locked (TVL) grew by 55%, daily active addresses increased by 42%, and network revenue rose 63%, reaching $6.1 million. Over 130 subnets were deployed, including 20 new ones, aided by the HyperSDK upgrade. Institutional interest in permissioned subnets and global partnerships further strengthened the ecosystem. Messari's report highlights Avalanche's scalability, technical development, and long-term potential, positioning the platform strongly for sustained growth into 2026.
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Avalanche’s Q3 Market Cap Growth
Avalanche has achieved one of its strongest quarters to date. According to Messari’s State of Avalanche Q3 2025 report, the network’s market capitalization surged by 67%, reaching $16.8 billion by the end of September. This remarkable growth highlights renewed investor confidence, bolstered by a rebound in DeFi activity and increased participation from institutional players. The report underscores Avalanche’s position as one of the most active ecosystems in the Layer-1 space.
DeFi Resurgence and Ecosystem Growth
Decentralized finance (DeFi) played a significant role in Avalanche's Q3 performance. The total value locked (TVL) on the network grew by 55%, strengthened by liquidity expansion on platforms such as Benqi, Trader Joe, and DeltaPrime. Additionally, daily active addresses climbed by 42%, and network revenue hit $6.1 million, increasing by 63% quarter-over-quarter. These metrics reflect a strong recovery in user activity and trading volume, showcasing Avalanche’s resilience after a prolonged market cooldown earlier in the year.
Subnet Expansion and Scalability
Avalanche’s subnets continue to define its scalability strategy. Over 130 subnets have been deployed as of Q3, with 20 new subnets launched during the quarter. The introduction of the HyperSDK upgrade simplified the process of creating subnets, enabling developers to customize blockchains for specific applications. Subnets related to gaming and real-world assets (RWA) experienced rapid growth, demonstrating Avalanche’s versatility across a variety of use cases beyond DeFi.
Institutional Adoption and Global Expansion
Institutional adoption has become a key pillar of Avalanche’s growth strategy. Several financial institutions have expressed interest in deploying permissioned subnets to explore tokenization and settlement solutions. Moreover, partnerships with firms across Latin America and Asia have fueled the ecosystem’s global expansion. This momentum—combined with technical innovations and the network’s scalability—positions Avalanche as a strong competitor in the next market cycle.
Outlook for 2026 and Beyond
Looking ahead, Avalanche’s long-term success hinges on balancing scalability with decentralization. Messari’s report concludes that the network’s economic and technical fundamentals remain robust. Ongoing developer engagement and ecosystem diversity are likely to drive sustained growth well into 2026, reinforcing Avalanche’s position as a leader in the blockchain space.