AAVE's price has surged by 15.99% in the last 24 hours, climbing above $300 and outperforming major cryptocurrencies like Bitcoin and Ethereum. This rally is part of a broader upswing in the DeFi sector, with tokens such as UNI and YFI also posting significant gains, reflecting renewed investor confidence. Despite the impressive performance, AAVE's short-term bubble risk indicator stands at 1.37, indicating potential for further price increases but also suggesting caution due to possible volatility. The DeFi market's robust activity highlights its growing appeal among investors seeking alternative crypto investments.