Avalanche (AVAX) beat Solana (SOL) and Tron (TRX) in TVL
Avalanche's (AVAX) growing popularity has helped it surpass Solana (SOL) and Tron (TRX) in January 2022 in terms of total value of blocked assets in the protocol (TVL).
In January the total value of assets blocked in the Avalanche (AVAX) protocol exceeded that of its main competitors. According to BeInCrypto's research, the January TVL for the AVAX blockchain was $8.53 billion.
It's worth noting that this result represents a dramatic 27% drop from the TVL for December 2021 ($11.83 billion). However, this did not prevent Avalanche from maintaining its leadership position against SOL and TRX.
