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Yesterday, $AAVE experienced a surge in daily active addresses, reaching 1.73k—the highest point in over a year. This increase in activity coincides with significant whale purchases, signaling growing interest and confidence in the DeFi token. Daily active $AAVE addresses have surged to the highest point in over a year yesterday, reaching 1.73k. pic.twitter.com/ysOaSydItX — IntoTheBlock … Read more
After nearly 1,000 days of consolidation, AAVE is finally breaking out against ETH, signaling a potential shift in the DeFi landscape. On-chain activity for AAVE has seen a remarkable surge this month, with the number of active addresses doubling compared to three months ago. This uptick in activity is mirrored by significant whale accumulation, a … Read more
SOL price struggles to gain upward traction as DApp volumes plunge, spot ETF odds dwindle, and memecoins fail to rally. Go to Source
Bitcoin’s price consolidation could convince traders that it’s time to play with altcoins. BNB, TON, AAVE and HNT are the ones on Cointelegraph’s radar. Go to Source
Over the past three weeks, iCrypto’s Whale Chart has revealed a consistent rise in outflows from centralized exchanges (CEX) and an increase in inflows to whale wallets, particularly within the $90-$100 price range. This trend suggests that large holders are gradually moving their assets off exchanges, potentially signaling a strategic shift in their portfolios. $AAVE … Read more
Layer-2 chains Base and Scroll have contributed to Aave’s recent borrower and depositor growth. Go to Source
Bitcoin may find buyers close to $56,000, benefitting select altcoins such as SOL, XRP, KAS, and AAVE. Go to Source
DeFi lending and total value locked is recovering, but many related tokens are still at bear market lows. Go to Source
AAVE founder Marc Zeller recently proposed a fee switch aimed at buying back Aave tokens from the secondary market. This move follows a similar strategy seen with $UNI, which saw its price double over 11 days following a revenue share proposal, with an initial 50% surge within the first hour. Aave’s initial reaction has been … Read more
Between June 19 and July 19, within a 30-day period, the total value locked (TVL) in decentralized finance (defi) dropped below the $100 billion mark, hitting a low of $86.3 billion on July 7, 2024. Over the past three days, however, the TVL has managed to stay above the $100 billion threshold. Lido Leads Defi … Read more
