AAVE price soars to $123 all-time high as TVL rises and fundamentals improve

Cointelegraph

Published Jan 05, 2021 06:15PM ET

Updated Jan 06, 2021 08:00PM ET

As the crypto bull market continues to gain traction, the price of Aave’s native token, (AAVE), is pushing toward new all-time highs.

The growth of the decentralized lending platform appears to be bolstered by improving fundamentals, steady growth in the total value locked on the platform, and the creation of a DeFi based crypto-collectibles token and community called Aavegotchi,

AAVE/USDT 4-hour chart. Source: TradingView.com
Total value locked (USD) in Aave. Source: defipulse.com
BTC/USD price (3 month). Source: Cointelegraph.com

Continue Reading on Coin Telegraph