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Aave's price surged to $88 just two weeks ago, but currently, the altcoin is experiencing a correction. Over the past 24 hours, Aave has dropped over 4%, and on the weekly chart, it has depreciated more than 7%.
The market structure of AAVE was bullish and the recent higher low at $68.7 would need to be broken before the structure flipped bearishly.
Aave's V3 launched on Ethereum in January, and the DeFi protocol's TVL has since grown significantly.
Web3 social layer Lens Protocol aims to power seamless connectivity of applications across blockchain and non-blockchain platforms.
ave's Q2 2023 report shows a 9% growth in total value supplied, outpacing the market. Key developments include the launch of GHO stablecoin, a rise in stETH deposits, and the anticipated release of Portals.
Lending and borrowing platform Aave (AAVE) has launched a new decentralized stablecoin on the Ethereum (ETH) mainnet. The dollar-pegged stablecoin, called GHO (GHO), is governed by the Aave decentralized autonomous organization (DAO). Nader Dabit, the director of developer relations at Aave, says that GHO is an “overcollateralized” stablecoin.
Celsius, a crypto lending platform that went bankrupt in July 2022, began the process of liquidating its assets yesterday, selling $60 million in LINK, MATIC, SNX and AAVE.
Aave Companies has unveiled version two of its Lens Protocol and introduced several new features for the web3 social app. Lens Protocol Now Allows Blocking Lens Protocol's parent organization, Aave Companies, has launched the much-anticipated V2 of the web3 social app.
Aave's newly launched algorithmic dollar-pegged stablecoin, GHO, has seen 2.76 million coins minted in 48 hours of its release, according to Etherscan.
Aave, the renowned decentralized finance (DeFi) platform, has made waves in the crypto space with the introduction of GHO, an algorithmic stablecoin built on the Ethereum mainnet. The launch of GHO represents a significant milestone for Aave, as it aims to disrupt the stablecoin landscape by providing transparency and stability to the DeFi ecosystem.
Lens Protocol's latest version has introduced a blocking feature for its users.
Aave, a prominent lending protocol within the decentralized finance (defi) sphere, has unveiled GHO, a new stablecoin, which is now live on the Ethereum network. Aave users can now mint the stablecoin asset by leveraging Aave version three (v3).
Lens Protocol V2 upgrade brings features such as the ability for users to block one another on-chain and engages deeper into crypto-native actions.
Aave, the popular Decentralized Finance (DeFi) protocol, has introduced its groundbreaking stablecoin, GHO, on the Ethereum mainnet on July 16. This innovative financial instrument maintains a one-to-one peg with the US dollar, and approximately $2.2 million worth of GHO coins have already been minted.
The algorithmic GHO stablecoin is pegged against the United States dollar and is backed by several digital assets.
Aave has launched a new dollar-pegged stablecoin on Ethereum that's backed by overcollateralized loans in the style of Maker's DAI.
Aave Protocol, a decentralized finance (DeFi) platform, has made waves in the crypto community with the launch of its latest offering: GHO, an algorithmic stablecoin. Deployed on the Ethereum mainnet, GHO is designed to bring stability and transparency to the ever-evolving DeFi ecosystem.
Aave has launched its algorithmic stablecoin, GHO, backed by multiple crypto assets, including ethereum (ETH)
Lens Protocol is rolling out its latest version of the crypto-powered Twitter alternative, adding several new functionalities to the platform.
Maker loses its position to Aave as the second-largest DeFi project in terms of TVL.
Decentralized finance (DeFi) platform Aave has recently unveiled its new stablecoin, GHO, on the Ethereum mainnet. GHO is an algorithmic dollar-pegged stablecoin designed to provide stability and transparency to the DeFi ecosystem.
AAVE is looking for a potential reversal after failing to stay above a key roadblock and Q2 high.
DeFi lending protocol Aave launched its long-awaited stablecoin GHO to mainnet. Yet, it enters an already crowded stablecoin market dominated by one player.
Decentralized finance protocol Aave has finally launched its new algorithmic dollar-pegged stablecoin GHO on Ethereum.
