Aave USDT

<a href="https://optimisus.com/news/crypto-news/aave-to-launch-overcollateralized-usd-pegged-stablecoin-gho/" rel="noopener noreferrer nofollow">Aave (AAVE), a distributed finance technology</a>, has seen its native currency&#39;s price surge to levels not seen since April 2022. The spike to above $173 marks the highest price level since April 2022.AAVE experienced a steep decline after reaching an all-time high above $670 in May 2021. AAVE has since experienced a major accumulation phase that lasted nearly two and a half years.This rebound is occurring at a time when the cryptocurrency market is anticipating an upward run, driven by Bitcoin&#39;s recent price increase above $60,000 and a rally involving bear resolve above $64,800.AAVE/USD has increased by over 172% over the past year, with a 23% increase in the most recent week. The gains are due to AAVE&#39;s entire value locked recovering since its drop to $5.7 billion in January 2023.Aave&#39;s total TVL has reached $22.1 billion in a year where the decentralized finance market has benefited from an overall rebound amidst increased lending and borrowing. Aave V3, which has been integrated into various market systems, holds significant value.

AAVE price reaches highs of $173 on Monday, its highest level since April 2022

Optimisus

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