Aave logs biggest network-growth day in nearly 5 years as DeFi interest returns
CoinDesk·
60-second summary
Aave logs its biggest network-growth day in nearly 5 years, adding 1,806 new wallets in a single day, the most since October 2021, according to Santiment. This surge coincides with the AAVE token's 20% rise in a week, outperforming the broader market, which is currently experiencing a downturn. DeFi interest appears to be returning.
The lending protocol added 1,806 new wallets in a single day, the most since October 2021, according to Santiment. The AAVE token has risen about 20% in a week even as the broader market slides.