The Quiet Recovery of Avalanche C Chain: Stable Returns Become the New Favorite in the Market

In the current market environment, Avalanche's C Chain is undergoing a silent revival. Although the total locked value of most ecosystems is showing a downward trend, with market hotspots dominated by artificial intelligence, re-staking, and meme coins, the C Chain is going against the tide. Recent data shows that active addresses have increased for three consecutive weeks, the TVL of mainstream protocols is climbing back up, and even some long-forgotten legacy projects are making a strong comeback.

At the same time, the infrastructure of the Avalanche ecosystem continues to upgrade, including the launch of virtual cards and innovations such as supporting gas-free operations. These signs all hint at an important trend: the value of the infrastructure is being reassessed by the market.

In this process, a group of investors known as "smart money" has quietly positioned themselves. These investors do not chase hot trends and are not keen on storytelling, yet they often manage to seize market opportunities ahead of others. Their investment style is not focused on pursuing the highest returns, but rather on achieving long-term stable returns.

( The Investment Philosophy of Smart Capital

The so-called "smart money" does not refer to the investors with the largest amount of capital, but rather to those players who can maintain a high win rate in the long-term market. They follow several core principles:

1. Stay calm: Whether in a bull market or a bear market, maintain rational judgment, avoiding excessive optimism or pessimism.

2. Emphasize risk control: Do not be seduced by high annualized returns, but focus more on the project's code security and audit status.

3. Pursuing transparency: Prefer projects that can be verified on-chain, valuing capital liquidity and data traceability.

These investors often possess cross-border capabilities, understanding both financial analysis and smart contract code. Their investment decisions often serve as a barometer for the entire ecosystem.

) Stable income strategies have become a new trend.

Against the backdrop of intensified market volatility and subdued investment sentiment, smart money has begun to shift towards stable yield protocols. For example, the BENQI project in the Avalanche ecosystem has recently performed exceptionally well, with its TVL soaring to $520 million, and the amount of liquid-staked sAVAX approaching 10 million tokens, almost breaking records daily.

The reason why such projects are favored is mainly based on the following characteristics:

• Stable Annual Percentage Rate (APR)
• The flexibility and reusability of assets
• Transparent mechanisms and operational processes
• User-friendly interface design

On-chain data shows that some large addresses have been converting AVAX to sAVAX for several consecutive days and using it for lending cycles, with a cumulative amount exceeding one million dollars. This "yield-staking-compounding" combination strategy reflects the cautious yet not conservative investment attitude of smart money in the current market environment.

The strategic position of Chain C

Although Avalanche is actively promoting the development of a multi-chain ecosystem, the importance of the C-Chain as the main chain has not diminished; rather, it has become the core of infrastructure development. A recent series of initiatives has confirmed this:

• Launch virtual cards supporting multiple cryptocurrencies
• The wallet supports gas-free operations, significantly lowering the entry barrier for new users.
• Upgrade on-chain data services to facilitate developers and investors in querying contract and asset information.

The core goal of these measures is to attract real users and asset inflows, rather than merely showcasing technological strength. For smart money, this is precisely the fundamental reason they are optimistic about Avalanche: in a noisy market, only solid infrastructure can navigate through cycles and become a guarantee of long-term value.

stable long-term value of returns

From a broader perspective, smart money is not just betting on a specific project, but investing in a long-term logic: stable returns are a safe haven during market turbulence. Whether it's BENQI's sAVAX, Lido's stETH, or Frax's sfrxETH, they are all seeking new value release paths for non-tradable assets.

This trend continues to develop throughout the cryptocurrency market:

• Frax focuses on developing stable pools such as sDAI to enhance asset utilization efficiency.
• Pendle's structured yield products continue to be popular, with their diversified APR curve combinations giving rise to innovative arbitrage strategies.
• Maker decentralizes governance pressure and enhances long-term stability by launching SubDAOs.
• EigenLayer utilizes the "re-staking" mechanism to open up new avenues for yield, attracting TVL to regroup.

These seemingly conservative choices are actually laying the foundation for the next bull market, characterized by precision, transparency, and sustainability.

The essence of investment: focus on underlying logic

The investment philosophy of smart money reminds us not to focus too much on short-term price fluctuations, but rather on the intrinsic value of the project and its long-term development potential. The real concerns they have include:

• The project's risk control capability
• The authenticity and sustainability of the sources of income
• The authenticity of on-chain liquidity and the reliability of TVL data
• The team's continuous iteration capability and the community's activity level

Only when these core issues receive affirmative responses will they make investment decisions.

Four Steps to Becoming a Smart Investor

To become a smart investor in the cryptocurrency market, you can start from the following four aspects:

1. Pay attention to the project's security: Focus on third-party audit reports and the open-source status of contracts.
2. In-depth analysis of on-chain data: including TVL, active wallet count, and asset structure, etc.
3. Assess the flexibility of assets: Consider whether the assets after staking can participate in lending or other uses.
4. Keep an eye on team and community dynamics: Continuously monitor product updates and community interactions.

As the market gradually warms up, maintaining rationality and focusing on fundamentals will be the key to success. Do not blindly follow trends; instead, cultivate yourself to become a "smart person" who pays attention to robust projects and infrastructure that can withstand cycles.