AAVE hovered just below $300 after bouncing from $213, shaking out short sellers hard.
Open interest jumped 15% as traders leaned bullish, eyeing $305.71 as the next major target.
Aave (AAVE) climbed 1.28% on Wednesday, extending its previous day’s 3.45% gain. The recent uptick brought the token near the $300 zone, driven by rising market optimism and a surge in activity across the broader decentralized finance space.
Data from DeFiLlama shows Aave’s total value locked (TVL) reached a record $26.49 billion, setting a new high for the lending protocol.
Source: DeFiLlama
That TVL boost followed rising market engagement, with total DeFi TVL climbing to $116.786 billion. This signals growing user confidence in decentralized lending platforms. Aave’s cumulative borrowing volume reached $775 billion. The protocol’s social media account posted “Trillions next,” hinting at expectations of continued growth in borrowing.
The token’s bullish movement is reinforced by technical i
We współpracy z: https://www.crypto-news-flash.com/defi-inflows-to-push-aave-beyond-300/?utm_source=rss&utm_medium=rss&utm_campaign=defi-inflows-to-push-aave-beyond-300
