AAVE’s role in upcoming DeFi renaissance in 2025

In 2025, AAVE reported a landmark surge in net deposits, achieving 35 billion USD. This accomplishment points to a growing investor interest in decentralized finance. By late 2024, total value locked in DeFi impressively peaked at 154 billion USD, marking a renewal of investor enthusiasm in this space.

Despite this growth, AAVE shows bearish patterns. Currently, AAVE trades at 330 USD with a 6.4% gain. Nevertheless, its chart reveals a bearish double-top pattern that could trigger declines if resistance at 391 USD isn’t surpassed. Additionally, borrowing on the AAVE platform has surpassed 14 billion USD, fostering recent price gains.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts