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%, making it one of the best performers in the DeFi space. AAVE is currently ranked #2 in Smart Money (SM) accumulation over the last 30 days, signaling strong investor confidence.

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’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.

Further Development On Aave As Community Gets Ready

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.

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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