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⇑ **Aave** Coin Thrives Amid Market Downturn and Innovative Updates

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**Aave** Coin Thrives Amid Market Downturn and Innovative Updates
Recent news suggests a flurry of developments around the **Aave** ecosystem, positively impacting the token's market sentiment. **Aave** and **Mantle** saw price surges due to DTX exchange's bullish run. Aave DAO announced the launch of a $100M on-chain fixed-yield loan along with the debut of the GHO stablecoin on Arbitrum. Meanwhile, Aave's price correction gains traction amid a $300M liquidation wave. Also, whales in the crypto market seem unphased by the downturn, as they accumulate Aave, Lido DAO, and DTX exchange. The Aave price prediction for 2024, 2025, and 2030 suggests that Aave could hit $150 by Q3. Meanwhile, a contrast is formed as Risk Manager Gauntlet ditches Aave for its rival lender, Morpho. The launch of Aave's GHO stablecoin on Arbitrum network and the recent proposal counter MakerDAO DAI expansion risk show Aave's innovative approach. Aave protocol Withstood significant stress during the recent crypto market crash, earning $6M in revenue. Finally, Aave's parent firm, Avara, is reportedly seeking $50M for the launch of Lens protocol.

AAVE Coin News Analytics from Tue, 28 Nov 2023 08:00:00 GMT to Tue, 13 Aug 2024 11:39:25 GMT - Rating 8 - Innovation 6 - Information 9 - Rumor 5

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