Avalanche (AVAX) jumped 43.8% between March 14 and March 31 to a $97.50 daily close, which is the highest level since Jan. 5. This layer-1 scaling solution uses a proof-of-stake (PoS) model and has amassed $9 billion in total value locked (TVL) deposited on the network’s smart contracts.
https://cointelegraph.com/news/avax-traders-anticipate-a-new-ath-even-as-avalanche-dapp-use-slows