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 (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?
AAVE price surged 9% during the U.S. trading session on Monday, climbing among the top gainers according to Coinmarketcap. With a six-day rally, the altcoin breaks out of a two-year accumulation trend and retests at $180, a level last recorded in late April 2022.
AAVE rose 20% Wednesday to $170, a level not seen since May 2022. An asset in accumulation for more than two years is attracting traders and analysts who feel it has additional upside potential.
AAVE, a leading player in the decentralized finance (DeFi) space, is making waves in the cryptocurrency market as it attempts to break through significant resistance levels. With its price recently trading above $154, many analysts are eyeing a potential surge toward $200 by the end of the year.
The AAVE price surged 3% during the Sunday training session, defying the low volatility momentum in the broader crypto market. This high-momentum rally pushed the asset to a peak of $162.5, a level not seen since May 2022.
Bitcoin's rally to $64,000 increased traders' interest in altcoins like AVAX, SUI, TAO and AAVE.
LlamaRisk, Aave's risk service provider, has proposed reducing the loan-to-value (LTV) ratio of BitGo's Wrapped Bitcoin (WBTC) to zero on the DeFi lending platform.
AAVE, the second player in decentralized finance, has done well this year, jumping to its highest point since 2022.
In Q3, AAVE recorded remarkable growth on price chart and fundamentals. Can the alt reclaim its ATH?
Aave's bullish momentum continues, driven by strong fundamentals, and sentiment.
To confirm a breakout from the 800-day range, the price needs to stay above $154 for an extended period.
AAVE is a decentralized protocol that allows users to lend and borrow a variety of cryptocurrencies without intermediaries. It has gained popularity due to its innovative features, such as flash loans and interest rate switching.
AAVE's bullish movement in the past month will likely extend further.
AAVE rejected at $146 resistance, now traders await either consolidation or a potential breakout.
Based on Q3 returns, investors holding the other top DeFi blue chips were in losses, but not AAVE.
AAVE has been on a roll recently, showcasing a remarkable increase in value. In the last 24 hours alone, the token appreciated by 4.25%.
Aave price remains strong ahead of the launch of Trump's DeFi project, as Donald Trump survived his second assassination attempt in two months at his Florida golf club. The FBI confirmed that Trump is unharmed and quickly apprehended the suspect.
AAVE has recently posted gains that place it among the market's top performers, but this momentum may be short-lived.
Bitcoin's rally above $60,000 could trigger buying in FET, SUI, AAVE, INJ and other altcoins.
Vitalik Buterin, the co-founder of Ethereum, has made headlines with his recent investment in the Aave protocol. By depositing 2.27 million USDC and 2,851 ETH—totaling approximately $6.73 million—Buterin has drawn substantial attention to Aave, igniting discussions about its future prospects and potential impact on the broader DeFi ecosystem.
Aave (AAVE) has recently surged beyond the $150 mark, achieving a new yearly high. This upward movement has captured the attention of investors and analysts alike, who are now speculating about the possibility of a substantial price rally.
Crypto insights firm Santiment says that three altcoins are now worth keeping an eye on as one historically bullish indicator begins flashing.
AAVE bulls find resistance, leading to a mid-week pivot that could be the start of sizable wave of profit-taking.
Ethereum's Vitalik Buterin has made a move, and it could have some implications.
Aave shows strong growth potential with bullish trends as GHO grows as well.
Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin swapped a significant sum of ETH to deposit into a DeFi protocol, with traders predicting a bright future for it. What Happened: Lookonchain data shows that Vitalik Buterin deposited 2.27 million (CRYPTO: USDC) into Aave (CRYPTO: AAVE).
Three tokens have significant short interest and may see a squeeze of those positions. MANA, GRT and AAVE can extend their gains, erasing the accumulated short positions.
AAVE has been one of the altcoins that have seen a recovery in both volume and price over the last week. This comes with a jump in positive sentiment associated with the DeFi token, enabling bulls to reclaim control of the price once more.
Aave (AAVE), Decentraland (MANA), and The Graph (GRT) have emerged as three altcoins that could enjoy a price surge as the crypto market rebounds. Onchain analytics platform Santiment highlighted a crucial indicator proving these altcoins are worth watching.
The deployment of GHO has been limited to Ethereum and Arbitrum networks, at least for now.
A wallet linked to Vitalik Buterin made a deposit to Aave in ETH and USDC following a period of ETH sales. Buterin claims some of the sales were part of a previously preset CoW Swap liquidation to benefit a bio-defense organization.
AAVE, a leading decentralized finance (DeFi) token, has surged by 21% to achieve a new two-year high. This impressive leap has caught the attention of investors and analysts alike, with the $182 mark now appearing to be a realistic target.
The Aave community is currently considering supporting Coinbase's upcoming Bitcoin wrapper, cbBTC, in its V3 protocol.
Aave, The Graph and Decentraland could see significant spikes due to notable declines in their funding rates.
The DeFi lending platform could add support for a much-anticipated token from a leading exchange.
With the major cryptocurrencies regaining lost ground against the bears, the market has returned to the $2 trillion market cap level. This led to huge gains in the altcoin market as the tokens rode the bullish wave.
Aave DAO has received a proposal to integrate Coinbase's upcoming Bitcoin wrapper, cbBTC, into its V3 platform on the Ethereum mainnet and Base. In a Sept.
Cryptocurrency prices and stock indices retreated slightly after the U.S. published encouraging Consumer Price Index data. Uniswap, ICP, AAVE rise, Bitcoin retreats Bitcoin (BTC) retreated to $56,600, while the total market cap of all cryptocurrencies fell to $2 trillion.