

John Wu | Avalanche Q2 Update: What You Need To Know
For this week’s Tuesday episode we’re airing the Token Relations’ quarterly webinar focused on the Avalanche ecosystem and featuring Ava Labs president John Wu.
The current bull market is rubbing off positively on Avalanche as the network surpassed $1 billion in total value locked this quarter, for the first time since November 2022. Avalanche has also seen substantial growth in sectors like web3 gaming, tokenization, loyalty programs and NFTs this quarter. Its partnership with Coachella and OpenSea brought in over 55,000 ‘quests’ at the music festival and other initiatives like Re, a real world asset platform, debuted this quarter with its tokenized reinsurance fund on Avalanche.
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