Continuing its streak of losses, AAVE fell by another 18% in the first week of March. It also lost the critical support of $122. Consequently, AAVE, at press time, was at a new 13-month low. At the tiThe post Expanding on AAVE investors' return to this particular trend appeared first on AMBCrypto. origin »
AAVE remained in a bull trend at press time.
The asset will see a golden cross if the token maintains its price trend.
Aave [AAVE] ended the past week positively, showing strong performance.
Aave (AAVE) has advanced from $26 above $120 since the beginning of November, and the current price stands around $116. The primary trend of this cryptocurrency remains bullish, and for now, there is no signal of the trend reversal.
A pause in the Bitcoin price rally has created room for other alternative cryptocurrencies to take over the bull trend. AAVE is leading the pack by logging maximum gains. The decentralized finance token surged by as much as 128 percent in five consecutive winning sessions, hitting $56.
This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300 million in flash loans to-date and this trend doesn’t seem to be abating any time soon.
The partnership aims to improve the Aave-based swapping experience with the provision of deeper liquidity, significant protections against diverse MEV attacks.
Bitget links with Chorus One to bring one click Monad staking showing CeFi and DeFi are converging to deliver institutional level Web3 access for mainstream users.
By partnering with Zeta Privacy, Aidica brings Web3 privacy and security solutions to its launchpad platform, enabling users to transact and trade securely.
By integrating MIRO’s Layer-2, cross-chain network, IOTrader enables users to move assets across various chains efficiently, expanding customer experience.
Several DeFi projects attracted significant TVL growth as more investors moved funds into such platforms, despite a TVL decline in the wider DeFi market.