AAVE, the native token of the decentralized crypto lending platform Aave, surpassed $363 after surging by approximately 30% over the past day. This is the first time since 2021 that the asset has recorded a crucial milestone in a rally powered by a huge wave of coins moving back into circulation. Major AAVE Stakeholders Circulate […]
Donald Trump’s crypto project, World Liberty Financial (WLF), has submitted a proposal to the Aave governance forum. The former president and his business partners plan to use the platform for their cryptocurrency offering. The submission aims to establish WLF’s services as an instance on Aave, with the protocol providing the necessary underlying infrastructure. In return, […]
Aave, a decentralized finance (DeFi) protocol, has demonstrated resilience in the face of a general crypto market downturn. The platform has generated $6 million in revenue amid the current market sell-off. Aave Withstands Market Turmoil Aave’s founder, Stani Kulechov, said in an August 5 post on X that the protocol successfully handled the overall stress […]