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Is alt season starting? While blue-chip crypto currencies mostly trade sideways, altcoins post impressive gains of up to 11%.

Aave's expansion has increased competition among other DeFi projects.

Ethereum isn't the only altcoin affected by the SEC's delay.

Since last week, Bitcoin has been trying to recover after dipping to $58,562. Although it nearly reached $63,976 on July 1, increased selling pressure and continued selling of Bitcoin by the German government forced its price back down to $60,490, reflecting a 3.6% drop.

Enhanced interoperability: the crucial role of Chainlink in the success of GHO.

The stablecoin was launched on the Ethereum mainnet by Aave over a year ago. GHO will use the widely used Chainlink Cross-Chain Interoperability Protocol (CCIP).

The deployment of the GHO stablecoin on the Ethereum layer-2 network will leverage Chainlink's CCIP interoperability protocol.

Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO's phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched GHO on Arbitrum, utilizing the Chainlink Cross-Chain Interoperability Protocol (CCIP).

TL;DR Aave has launched its GHO stablecoin on Arbitrum, initiating its planned multi-chain expansion and allowing users to mint and burn GHO natively with version v3. The integration with Arbitrum aims to reduce fees, speed up transactions, and enhance GHO liquidity, backed by multiple collaterals with a market capitalization of $89.1 million.

A year after Aave activated the GHO stablecoin on the Ethereum mainnet, it is now launching it on Arbitrum.

This move underscores Aave's commitment to expanding its decentralized finance (DeFi) footprint beyond EVM blockchains. Aave Labs has already developed integration code and successfully deployed it on the Aptos testnet.

TL;DR Aave V3 will be deployed for the first time on a non-EVM-compatible blockchain, Aptos, marking a milestone for the DeFi economy. Aptos offers a capacity of over 30,000 transactions per second (TPS), predictable low costs, and advanced security with the Move programming language, ideal for high-performance DeFi applications.

The Aptos Foundation has proposed the first deployment of Aave Protocol v3 on a non-EVM blockchain.

The Aptos Foundation has introduced a proposal to deploy Aave V3 on the Layer 1 blockchain Aptos' mainnet.

Aptos is working with Aave to complete what is potentially the first non-EVM deployment expansion for Aave. The post Aptos Foundation proposes Aave V3 deployment, marking first non-EVM expansion appeared first on Crypto Briefing.

Aave V3 on Aptos mainnet was proposed along with feedback from the Aave governance community.

The proposal is currently in the "temperature check" phase, gathering feedback from Aave's governance community before progressing further.

Akash Network (AKT) has shown strong price performance, with a notable 20% increase over the past week, amid widespread market fluctuations.

Ethena's USDe will grow its presence on Pendle and Aave. Ethena's USDe tries to build liquidity pairs on multiple protocols, to ensure its price stability and good reputation among traders.

AAVE price is up 16% in the past 24 hours as the DeFi token records a notable bullish flip. According to details on CoinGecko, Aave price was at $91.73 at the time of writing (6:05 am ET on June 25).

Aave is a decentralized non-custodial liquidity protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers can borrow in an over-collateralized (perpetually) or under-collateralized (one-block liquidity) fashion.

Aave's decentralized autonomous organization (DAO) is evaluating a proposal to join the Lido Alliance and establish a dedicated market for the liquid staking protocol's staked Ethereum (stETH) token. The Lido Alliance aims to promote infrastructure development around stETH, focusing on restaking use cases.

Aave (AAVE) bucked the market trend and achieved a two-day rising streak. AAVE pushed up from two-month lows, supported by rising demand for DeFi returns.

Aave received a large sum of ZKsync tokens from the protocol's recent airdrop despite the fact it has yet to deploy on the network.