Money market Aave and liquid staking protocol Lido surpassed $70 billion in net deposits in December for the first time, according to data from TokenTerminal. As of press time, the two largest DeFi protocols hold a total $67.42 billion.
AAVE, the native token that powers decentralized finance (DeFi) lending protocol Aave, has surged 12% in price over the past 24 hours. This rally follows a recent proposal to integrate a new Chainlink oracle.
Neiro on Ethereum (NEIRO) partnered with ChainLink's CCIP to move its tokens between Ethereum and Base.
AAVE's surge is supported by a year-long increase in TVL coupled with increased fees reflecting higher usage and demand.
TL;DR Chainlink has introduced Smart Value Recapture (SVR), a solution designed to reclaim lost MEV for DeFi protocols, potentially bringing back 40% of the value that would otherwise be lost. SVR operates by creating parallel Chainlink price feeds and utilizing the Flashbots MEV-Share platform for auctions, ensuring DeFi protocols can capture value from liquidations.
Amid the bulls & bears setting the dominance, AAVE price is on the second day of constant gains, rallying 18% in the last 24 hours. Interestingly, the token was bullish for days but fell with the crypto market crash, disturbing its performance.
The markets are slowly becoming more lenient towards altcoins as the liquidity flow from Bitcoin to the other cryptos appears to have begun. More than the recent ones, the older tokens are gaining more attention.
The blockchain oracle provider has introduced Chainlink Smart Value Recapture (SVR) to enable decentralized finance applications to recapture MEV.
Aave is exploring Chainlink's Smart Value Recapture (SVR) oracle to address maximum extractable value (MEV).
The DeFi protocol aims to capture around 40% of MEV profits from adding Chainlink's new oracle service.
Bitcoin could correct roughly 30% based on historical patterns.
Chainlink, the oracle network bringing global finance on-chain, has announced the launch of an oracle solution it says will help decentralized finance protocols recapture maximal extractable value.
Over the past 48 hours, whales have withdrawn a massive 362,380 LINK, valued at approximately $8.19 million, from Binance. This massive accumulation has fueled speculation about a price breakout, especially as LINK trades at a critical support level.
AAVE has delivered impressive performance in the cryptocurrency market, experiencing a remarkable 13% rally as open interest in its futures grows substantially. Amid the uncertainty affecting the broader market, AAVE is defying the trend and capturing the attention of the crypto community.
AAVE price rebounded for the second consecutive day, erasing some losses from last week, as smart money investors bought in and exchange balances declined.
Offering on various networks increases visibility and distribution for a token, helping drive investment and usage among network users.
Crypto prices have crashed by double digits from their December highs. While this crash has hurt holders, it has led to big discounts since analysts expect Bitcoin and other altcoins to bounce back soon.
The Chainlink price has triggered a considerable rebound from the interim support zone, which has raised the possibility of a bullish yearly close. The LINK marines appear to be quite confident over the next price action and as a result, the token has maintained a decent ascending trend.
Aave (AAVE) could soar by 25% to reach the $415 level if it closes a daily candle above $340 mark.
LINK whales have seized the opportunity during recent market dip, with significant increases in wallet holdings containing 10-100 million LINK.
In the last few weeks, Chainlink has gained new traction in the market, with investors flocking to buy this token. Even Donald Trump's crypto project spent significant money on it.
The bullish expectations for Bitcoin seem to have shaken a bit as the price is struggling to keep up above $95,000 after experiencing bearish waves during the weekend. While altcoins were expected to follow the trend and some popular ones are doing so, cryptos like Algorand (ALGO) and Aave (AAVE) have stood apart.
LINK's whale activity and bullish metrics hint at a potential rally to reclaim $32.
The last two weeks of December were tumultuous for the crypto market, marked by a significant drop in prices. However, Chainlink (LINK) could potentially become one of the big winners in 2025, with an anticipated increase of 160%.
Chainlink formed a double-bottom pattern, pointing to a potential rebound, as signs showed that some whales were accumulating the token. Chainlink (LINK), the biggest oracle provider, bottomed at $20.12 on Friday and rebounded to $22.50 on Sunday, Dec. 22.
Aave's sustained growth reflects its innovative approach, robust user engagement, and strong governance strategies.
Aave (AAVE) has proven itself to be a key player in the world of decentralized finance (DeFi). As one of the leading platforms for decentralized lending and borrowing, Aave has made significant strides.
Chainlink may be retesting a support, and this can spark a rally towards $50!
Is SHIB on the verge of a pivot after the latest bearish onslaught? We explore its latest performance and a deal that could sweeten the long term outlook.
Aave (AAVE), a leading decentralized finance (DeFi) token, has garnered increasing attention in recent weeks, especially from whales and smart decentralized exchange (DEX) traders. As the broader crypto market faces volatility, these key players seem to be strategically re-entering the market, particularly in response to recent price corrections.
Shiba Inu (SHIB) could be on the cusp of a major lift-off following a groundbreaking partnership with Chainlink (LINK), a leader in blockchain interoperability.
Shiba Inu has taken a significant step forward by partnering with Chainlink to enhance cross-chain functionality and data integration across its ecosystem, according to a Dec. 19 statement. This collaboration introduces cutting-edge interoperability features and positions the Shiba Inu network for broader adoption.
A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.
"We're excited to enter a partnership with Shiba Inu and grow its ecosystem together," Chainlink's CBO said.
Shiba Inu has entered into a strategic partnership with Chainlink, according to a press release published in SHIB Magazine.
Chainlink has formed a strategic partnership with the Shiba Inu memecoin ecosystem.
Chainlink (LINK) experiences a 15% price correction in December, yet analysts maintain bullish predictions for early 2025, supported by technical indicators and positive market fundamentals.
Shibarium, Shiba Inu's Layer-2 blockchain network, has partnered with Chainlink to bring cross-chain interoperability and advanced data integration to its growing decentralized ecosystem.
The Shiba Inu meme coin has grown to a vibrant Web3 ecosystem through the Shibarium layer two scaling solution, which has over $3.4 million in TVL.
Chainlink (LINK), a leading decentralized oracle network, is making waves in the cryptocurrency market. The digital asset is currently testing a critical resistance level around $24–$25, a range that has been tough to surpass in the past.
Smart DEX traders and whales re-entered the market, buying AAVE in the recent price drop.
With Donald Trump's inauguration fast approaching, there are some cryptos that investors should be looking to have in their portfolio. This is based on the fact that these coins could record a two times increase in their price, considering the president-elect's pro-crypto stance.
The crypto market experienced a significant downtrend recently, as the Bitcoin price fell below $100,000. Although BTC has recovered from that dip, the impact of the downfall is still visible in the remaining cryptos.
The bullish performance of AAVE over the past month is at risk as sellers take over the market. As uncertainties grow, will the AAVE bull run take a plunge under $300 or continue to grow? Whales remain crucial.
Whale activity raises questions as Chainlink tests critical resistance levels near $25.
Chainlink (LINK) has been making headlines after a major whale withdrew a significant amount of tokens from Binance. In the past 24 hours, a whale withdrew 100,000 LINK tokens, valued at $2.95 million, and over the last three days, this same whale removed a total of 529,999 LINK tokens worth $15.5 million.
Aave DAO delegate and service provider Aave Chan Initiative has initiated a proposal on the crypto lender's governance forum to deploy Aave v3 on Sonic.