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Category AAVE news

Aave Wallet Growth Hits 5-Year High Even as Standard Chartered Revises Crypto Forecasts

Aave Wallet Growth Hits 5-Year High Even as Standard Chartered Revises Crypto Forecasts

In Brief Aave added 1,806 new wallets on June 30, its best growth day since 2021. Standard Chartered set a $3,500 AAVE target after cutting BTC an...
Could Open USD Crush Aave’s USDC Yields? Here’s What DeFi Users Need to Know

Could Open USD Crush Aave’s USDC Yields? Here’s What DeFi Users Need to Know

In Brief Aave's USDC yields depend on borrowing demand, so utilization is the key metric. Open USD could cut USDC borrowing by drawing payment fir...
Standard Chartered and Grayscale Both Have This DeFi Pick in Common

Standard Chartered and Grayscale Both Have This DeFi Pick in Common

In Brief Standard Chartered and Grayscale both back Aave's upside. Standard Chartered forecasts AAVE could reach $3,500 by 2030. Grayscale calls A...
Aave Founder Stani Kulechov Denies Kraken Stake Sale Report, Confirms AAVE Buybacks

Aave Founder Stani Kulechov Denies Kraken Stake Sale Report, Confirms AAVE Buybacks

In Brief Aave's Stani Kulechov denied claims the protocol would sell AAVE at a 70% discount. He said all Aave protocol and GHO revenue flows to AA...
Aave Jumps 15% Off Standard Chartered Forecasts, While Bitcoin Drops Below $60,000

Aave Jumps 15% Off Standard Chartered Forecasts, While Bitcoin Drops Below $60,000

In Brief AAVE is up 15% in 24 hours even as Bitcoin briefly fell below $60,000. USDT deposits on Aave's Ethereum market are nearing $3 billion, si...