Aave, a decentralized finance (DeFi) protocol, is considering integrating with the oracle network,
Chainlink, to address Miner Extractable Value (MEV) challenges and potentially return MEV fees to users. This development, alongside decreasing exchange balances and smart money inflows, has accelerated the price of
AAVE coin. Other notable factors driving AAVE's price include significant whale activity and Aave's exploration of expanding to the Bitcoin layer 2 Spiderchain. Despite market volatility, AAVE continues to outperform top DeFi blue-chip cryptocurrencies thanks to several strategic moves such as the launch of V3 on Era Mainnet.
World Liberty Financial, linked to Donald Trump, has reportedly invested millions in AAVE, contributing to the coin's recent surge. Investors are highly anticipating
Qubetics for huge returns, as AAVE is nearing $400, and as Bitcoin is being integrated by SUI. Amidst these developments,
Grayscale launched an AAVE investment fund, and a proposal was made for AAVE to link to Trump's crypto project in a governance statement. AAVE has also gauged community interest in exiting from the side-chain scaling solution,
Polygon. In another significant development, the
DAO at Aave is considering whether to offboard Polygon markets as well. Despite the market shakeout, AAVE's whales continue to accumulate, Signifying robust confidence in the project’s future. Moreover, a bullish channel pattern hints AAVE could hit $300 this month.
AAVE Coin News Analytics from Tue, 02 Jul 2024 16:05:10 GMT to Wed, 25 Dec 2024 08:30:40 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -3
