The growing popularity of the #Avalanche (#AVAX) project helped it overtake #Solana (#SOL) and #Tron (#TRX) in January 2022 in terms of the total value of assets locked in the protocol (#TVL). At the end of January, the total value of assets (TVL) blocked in the Avalanche (AVAX) protocol exceeded those of the projects that are its main competitors. According to a BeInCrypto study, the January TVL for the AVAX blockchain was $8.53 billion. It is worth noting that this result represents a sharp 27% drawdown from the December 2021 TVL of $11.83 billion. However, this did not stop Avalanche from maintaining its leadership position against SOL and TRX. #CryptoCurrency
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