Keep up with what's happening in the crypto world in real-time.
All Filters (1)
AAVE, a prominent player in the decentralized finance (DeFi) landscape, has recently seen a remarkable increase in its price.The proposal centers around activating a fee switch and using it to buy back tokens from the market, which could potentially bring in around $60 million annually for AAVE holders.
AAVE founder Stani Kulechov says he “rarely” ever thought about his health while reflecting on a day after surgery in which his organ was removed.
Cryptocurrency prices were muted this weekend as investors focused on the ongoing Bitcoin Conference in Tennessee and next week's Federal Reserve interest rate decision. Bitcoin held steady above $68,000 as speakers continued to make the case for cryptocurrencies.
AAVE, the native cryptocurrency of the Ethereum-based decentralized custodial platform Aave, has staged a strong recovery surging past $100 today. As of press time, the AAVE coin price is trading 12% up at $100.27 with a market cap of $1.49 billion.
The price of Aave (AAVE), the governance token of the Aave lending protocol, has surged by 15% in the past 24 hours, reached $103 as per Coinpedia. This recent jump is linked to a governance proposal that could introduce a fee switch and a token buy-back program.
Curious about AAVE's future? The buzz is that Aave (AAVE) might soar to $200!
The birth of the Aave Protocol marks Aaves shift from a decentralized P2P lending strategy (direct loan relationship between lenders and borrowers, like in ETHLend) to a pool-based strategy. Lenders provide liquidity by depositing cryptocurrencies in a pool contract.
Altcoins SATS, Aave, Monero, and ORDI have all surged over 10% over the past day to rank as the top gainers in the crypto market, as Bitcoin, the leading cryptocurrency by market cap, jumped over 4% in the same timeframe.
The price of AAVE, the governance token of leading lending protocol Aave, has surged by 15% in the past 24 hours.
Aave price is the main topic in the crypto space following the proposal to activate a fee switch and buy back tokens from the open market. According to Aave-Chan Initiative founder Mark Zeller, if the proposal passes, it will generate about $60 million annually for AAVE holders.
The move could also lead to Aave protocol restaking, providing new revenue sources for Aave and its users.
Since mid-July, the cryptocurrency market has showcased high recovery momentum following a Bitcoin rally past $65k. While most of the major altcoins leveraged the bullish sentiment to extend north march, the AAVE price underperformed and reverted below the $100 floor.
The protocol's first foray outside blockchains compatible with Ethereum is now official. The proposal—which was started by the Aptos Foundation—got an incredible 99.6 percent.
The Aave community has given its resounding approval for the deployment of Aave V3 on the Aptos Mainnet. This decision, reached through a community vote that concluded on July 19, 2024, marks the tokens first foray into a non-Ethereum Virtual Machine (EVM) blockchain ecosystem.
The altcoin market is witnessing notable shifts, with some coins experiencing a surge in network activity. Recent data from on-chain analytics firm Santiment highlights significant increases in daily active addresses for Render (RNDR), Aave (AAVE), and Maker (MKR).
Aave (AAVE) recently surged by 25.3%, hitting a peak of approximately $102.2 over the past week amidst a broader cryptocurrency market uptrend fueled by Justin Sun's $21M AAVE and MKR deposit into Binance. However, the momentum has since slowed, with Aave's price retracing to around $99.
Three Ethereum (ETH)-based altcoin projects are seeing a massive increase in network activity, according to blockchain analytics platform Santiment. The post Render (RNDR), Aave and One More Ethereum-Based Altcoin Showing Notable Address Activity Growth: Santiment appeared first on The Daily Hodl.
Since last weekend, the majority of major cryptocurrencies witnessed a high momentum recovery, following the Bitcoin upswing above $64000. The recent uptick in market sentiment is highlighted by the initiation of new long positions in futures markets, heightened activity from large-scale investors, and a surge in bullish commentary across social media platforms.
AAVE price rallied for eight straight days, reaching its highest level since June 6th. It has jumped by over 45% from its lowest point this month.
Here is how some of your favorite assets concluded the week.
Aave, the top gainer over the past week, has fewer token holders. For Aave to remain in the bullish zone, its RSI would need to cool down below the 50 mark.
The consolidation trend in the cryptocurrency market continues as the leading digital asset Bitcoin struggles to sustain above $58000. Amid the uncertainty, the Ethereum price and altcoins under its ecosystem show a slight uptick due to market speculation of spot ETH ETFs getting approved around mid-July.
A crypto whale is accumulating massive amounts of Uniswap (UNI) and Aave (AAVE), according to on-chain data. Blockchain tracking firm Lookonchain reports that the deep-pocked investor abruptly spent $4 million to add more UNI, the native asset of the decentralized exchange (DEX), and AAVE, a money market protocol, to his digital asset holdings.
As the bullish trend in the crypto market regains momentum, the recent recovery brings a refreshing shift in the DeFi space. With the rising demand for AAVE and UNI for staking activities, these altcoin prices are ready for a trend reversal.
