AAVE Poised for Further Growth as Community Gets Ready for New Developments

AAVE has experienced a significant price surge, climbing 11% in just two days following a signal from iCrypto. Over the past month, the token has skyrocketed by more than 65%

AAVE has experienced a strong price surge, with a 11% gain in just two days following a signal from iCrypto. Over the past month, AAVE has surged by more than 65%, making it one of the best performers in the DeFi space.

According to iCrypto, AAVE is currently ranked #2 in Smart Money (SM) accumulation over the last 30 days, indicating strong investor confidence in the token.

$AAVE surged 11% in just 2 days since iCrypto Signal

Actually, $AAVE has been up over 65% over the past month

And it's currently #2 in Smart Money (SM) accumulation last 30 days

? Upgrade to iCrypto PRO|PRO to receive early signals: https://t.co/mpxvdIYUVD

On average, Aave generates roughly 1/6 of the fees that Ethereum does. If AAVE's market capitalization mirrored this ratio, the token would be valued at approximately $3,150, indicating considerable growth potential.

Aave makes on average around 1/6 the fees of Ethereum

If $AAVE had 1/6 the market cap of Ethereum the token would be around $3,150

I don't make the rules. pic.twitter.com/cj5Qzg08cq

Aave's revenue could continue to expand, driven by several key factors. These include the addition of isolated markets, upcoming deployments on new chains like Solana (SOL), and the development of advanced financial products—often referred to as “money legos”—being built on top of its protocol.

The Aave community is also gearing up for further developments, as a DAO proposal seeks to add Coinbase's cbBTC on Ethereum, as well as integrate Base into Aave V3 upon its launch. Aave has become the go-to protocol for supporting the launch of Tier-1 assets, cementing its reputation as a key player in the DeFi ecosystem.

DAO proposal to add @coinbase's cbBTC on Ethereum and @base to @aave V3 upon launch. Aave has become the preferred protocol for supporting Tier-1 asset launches. https://t.co/awQ22efItT

With its continued expansion into new markets and innovative financial products, Aave is poised for further growth. If it can maintain its momentum, both in terms of price appreciation and revenue generation, AAVE could solidify its position as one of the leading DeFi protocols in the crypto space.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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