TL;DR
AAVE gains 14% in 7 days as cumulative borrows edge toward the $1 trillion mark.
Aave dominates DeFi with 22% of total TVL, surpassing Lido in protocol share.
The price nears $300 as technical indicators show strength, trading above the Bollinger midline with rising volatility.
Analyst says AAVE’s timing aligns with monthly pivot pattern, keeping bulls on alert.
AAVE Approaches Major Borrowing Threshold
Aave (AAVE) was trading at roughly $300 at press time, reflecting a 6.41% increase in the past 24 hours. Over the last 7 days, the price has gained 14.16%, with a market capitalization of approximately $4.54 billion based on a circulating supply of 15 million tokens.
Trading volume has also picked up, with $494.6 million recorded in the last 24 hours. The current daily range is between $280.39 and $300.84, showing sustained interest and strong upward movement from traders and investors.
Consequently, Aave’s total cumulative borrow volume has reached $775 billion, according
We współpracy z: https://cryptopotato.com/why-is-aave-pumping-1t-borrow-target-fuels-rally/
