AVAX VALUE CAPTURE PROBLEM

Summary from the TLDR Crypto newsletter

Even with the Off the Grid game reaching hundreds of thousands of users, Avalanche struggles to capture value from its pay-as-you-go for L1 offerings. This model makes Avalanche attractive for new L1 deployments, particularly in gaming and institutional sectors. However, this comes at the cost of reduced revenue capture, especially as the main C-Chain activity has declined. The pivot to becoming a hub for L1s, while compelling for demand, compromises long-term value accrual.