AVAX has about $205 million worth of tokens staked, equal to 43% of its circulating supply, according to Techub. The outlet also said the Helicon upgrade has now been activated on the Fuji testnet. For now, the rollout is limited to Fuji, where the upgrade is being used to identify potential issues before any broader deployment. Techub said the staking ratio offers a view into long-term network participation, while validators and developers can use the testnet phase to watch how the changes perform and prepare for a future mainnet launch.
About $205 million worth of AVAX is currently staked, representing 43% of the token’s circulating supply, according to Techub. The outlet also reported that the Helicon upgrade has been activated on the Fuji testnet.
Techub said the staking ratio reflects long-term participation in the network. Helicon is only running on the Fuji testnet at this stage and is being used to identify potential problems. Validators and developers can monitor the impact of the changes there and prepare for a later mainnet deployment.
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