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NEWS Avalanche Bridge To Ethereum Records A 70% Drop In Value Transfer, Concern For AVAX Price?

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The amount of funds flowing through the Avalanche Bridge is down 70% in the last 24 hours, DeFiLlama data on May 31 shows. 70% Drop In Activity In The Avalanche Bridge To Ethereum Over the past day, the bridge has facilitated $2,634,828 worth of transactions and processed $22.4 million in transfers in the last week. The bridge has processed 278 transactions in the past day, totaling around $2.6 million. It shows a sharp decrease in activity between Ethereum and Avalanche, among the world’s largest smart contract platforms. The Avalanche Bridge connects the Avalanche’s C-Chain, one o ...

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