AAVE has entered the top 10 most promising projects under a $5 billion market cap, according to CoinRepublic. The decentralized finance platform has seen a resurgence in network activity, with its total value locked (TVL) climbing back above $34 billion. Over the past week, AAVE's token volume surged from $143.2 million to $514 million, indicating heightened trading interest.
Significant whale activity has been observed, including $10 million in spot outflows and substantial transfers from Coinbase's cold to hot wallets. This increased activity has driven AAVE's price above $200, marking an 18% rise from its November lows.
AAVE Surges Amid Increased TVL and Whale Activity
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