Aave has emerged as the leader in the decentralized finance (DeFi) lending sector, boasting nearly $260 billion in active loans, far surpassing competitors such as SparkLend and Morpho. The platform's upcoming version 4 upgrade is set to enhance scalability by connecting liquidity across multiple blockchains, a move Aave founder Stani Kulechov describes as advancing 'DeFi deep liquidity.' Despite its strong market position, the AAVE token is currently trading at approximately $236, below the $260–$280 resistance level, reflecting a dip in demand. Meanwhile, the protocol continues to generate significant revenue, with daily earnings reported at $370,700.