World Liberty Financial (WLF), a DeFi project backed by the Trump family and associates, has formally requested to be deployed on Aave V3. The project will be based on the Ethereum mainnet, as revealed in a statement made on Wednesday.

If World Liberty Financial's Aave integration is successful, the team plans to expand onto the Scroll Ethereum Layer 2.

Trump's World Liberty Financial plans to operate as an Aave instance, and AaveDAO stands to gain substantial fees from the deal.

Cronos chain- It is a blockchain ecosystem dedicated to mainstream adoption of self-custody, Decentralized Finance, and Web3 Gaming. Cronos is an EVM-compatible layer 1 blockchain.

Despite this upcoming decline, the overall market outlook for AAVE remains positive.

AAVE began the year 2024 on a slow note but the overall look at the AAVE price shows it is gaining significant momentum. It rose over 118% in a year even though last week seemed sluggish.

The current price of the AAVE token stands at $150.74. Market analysts predict that AAVE could see a significant price increase, potentially reaching $194.81 by the end of 2024.

Market sentiment has been improving, with AAVE accruing some benefits thanks to the same.

The crypto asset management giant Grayscale has launched a new trust that offers investors exposure to the decentralized finance (DeFi) protocol Aave (AAVE). The crypto firm's new product is solely invested in Aave's native token and functions like the company's other single-asset trusts.

Venture capitalist Arthur Cheong believes that one decentralized finance (DeFi) altcoin may be gearing up for a massive breakout. The DeFiance Capital CEO tells his 176,400 followers on the social media platform X that several factors are signaling bullishness for lending platform Aave (AAVE).

AAVE price recently attempted to breach the $167 resistance level but faced a sharp correction shortly after. However, recent developments, particularly the launch of Grayscale's AAVE Trust, have created optimism for the token's future price movement.

Grayscale's launch of the Aave Trust coincides with significant growth in the DeFi sector, as exemplified by Aave V3's $10 billion TVL milestone, reflecting increasing investor interest in decentralized financial products.

Digital asset manager Grayscale continues to expand its crypto offerings with the launch of a new investment vehicle focused on Aave (AAVE).

Story Highlights The live price of the AAVE token is . AAVE price could surge to a maximum of $194.81 by the end of 2024. Aave with a potential surge could go as high as $812.56 by the end of 2030. The year 2021 had been a game-changer for the broader crypto space.

The AAVE market is facing increasing bearish pressure as recent data shows an aggressive 11.27% sell-off in the last 24 hours. While this could be a sign of a sustained decline, technical analysis suggests that AAVE is at a critical juncture, leaving traders in anticipation of whether it will recover or continue its downward trend.

Aave and decentralized finance: revolution in lending and financing with the blockchain.

The Grayscale website states that the current net asset value (NAV) per share is $13.88. The asset under management (AuM) for the fund is $151,281.

Grayscale started a single-asset fund based on Aave protocol (AAVE). The fund is only available through private subscription for accredited investors.

Grayscale Investments, the world's largest crypto asset manager, has announced the launch of its AAVE single-asset Trust fund, offering qualified investors exposure to the decentralized finance (DeFi) token. The AAVE Trust adds to Grayscale's growing suite of crypto investment products, including other recent offerings like Avalanche, Sui, and Bittensor Trust funds.

Grayscale, the American digital currency asset management company, has launched an Aave fund, providing investors with exposure to the AAVE token. This new offering expands Grayscale's lineup of crypto investment products, which now includes over 20 different vehicles.

Crypto asset manager Grayscale has introduced a new investment product providing exposure to Aave‘s native token, (CRYPTO: AAVE), as part of the firm's ongoing efforts to offer a wider range of innovative crypto investment products. It enables users to borrow cryptocurrency by using their existing tokens as collateral and also allows them to lend their crypto assets to earn interest.

Grayscale now has a trust that gives investors access to Aave, a DeFi protocol on Ethereum and the 44th biggest digital token by market cap.

The AAVE token has outperformed this year after tokenholders endorsed upgrades to its tokenomics.

Grayscale has announced the launch of the Grayscale Aave Trust—a crypto investment fund focused on the DeFi lending protocol Aave, according to an Oct. 3 statement. Following the announcement, Aave's token (AAVE) saw a 3% increase within the last hour, reaching $143, according to data from CryptoSlate.

Grayscale's expansion into Aave highlights growing institutional interest in DeFi, potentially accelerating blockchain adoption in traditional finance. The post Grayscale Investments adds Aave trust to its crypto product suit appeared first on Crypto Briefing.

TL;DR Grayscale launches the Grayscale® Aave Trust, offering exposure to AAVE. Aave is a decentralized platform for lending and borrowing without traditional intermediaries. The Trust is available to accredited investors with daily subscriptions.

Grayscale Investments has launched the Grayscale Aave Trust, offering accredited investors exposure to AAVE.

Grayscale Investments has launched the Grayscale Aave Trust, offering accredited investors a new way to gain exposure to AAVE, the native token of Aave.

Grayscale Investment launched a new fund on Thursday that provides investors exposure to governance token AAVE.

AAVE Price has recovered following Grayscale's announcement of the launch of its Grayscale Aave Trust. This fund will provide institutional investors exposure to the decentralized finance (DeFi) token.

Aave is a decentralized lending platform based on the Ethereum blockchain that offers automated loans of cryptocurrency using other tokens you own as collateral. It also lets users lend out their crypto to earn interest.

Market dynamics for AAVE are now increasingly bearish, with a market sell-off imminent.

Fenbushi Capital, a blockchain-centric venture capital (VC), appears to be cashing out after moving four tokens, including Aave (AAVE) and Compound (COMP), to Binance. The VC is moving these tokens to the exchange, possibly to sell and lock in their profits or cut losses when market participants expect prices to tick higher.

Fenbushi Capital took losses on some of its holdings, divesting former DeFi stars like COMP, AAVE and UNI. Fenbushi also sold its EIGEN allocation.

Looking ahead, AAVE V3's growth trajectory and the overall DeFi resurgence suggest increasing confidence in decentralized financial protocols.

AAVE has a lot of momentum right now, but is that too good to last?

WBTC bridges the gap between BTC and ETH. Yet, AAVE has reaped the most benefits, amassing 37K WBTC in supply.

It's been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has soared to a new peak. Meanwhile, cbBTC, the bitcoin derivative token from Coinbase, has hit a market cap of $247.8 million.

WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama.

AAVE soars above $153.98 resistance with bullish momentum; traders eye $200 and beyond. Can it reach $261?

Aave (AAVE) has surged to its highest price in over a year, reaching $172, marking a significant milestone for the decentralized finance (DeFi) platform. This price surge has propelled the platform to new heights, driving up its market capitalization and signaling renewed confidence among investors.

Aave's dominance grows with bullish metrics, stablecoin success, and multichain expansion.

Aave (AAVE) has soared to its highest price in over a year, driven by a strong bull trend and significant growth in Total Value Locked (TVL).

The altcoin market exhibited mixed signals as Bitcoin struggled to reclaim the $64,000 mark, trading at $63,782 at the time of this publication. Cardano has rejoined the top ten cryptocurrencies by market capitalization, AAVE is targeting $200 after overcoming a crucial hurdle, and Render is signaling consolidation following last week's impressive rallies.

Aave pushed its net deposits to above $20B, spread across 13 blockchains. The lending protocol grows its GHO supply, while testing the community for removing WBTC as collateral.

AAVE price pulled back on Tuesday, Sept. 24, as on-chain data showed an increase in centralized exchange outflows.

Given that AAVE has more than doubled in price since August, are there telltale signs of overheating?