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Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: Malam90 on January 25, 2021, 02:34:42 AM

Title: Aave hits record $288 high as demand for flash loans and staking increases.
Post by: Malam90 on January 25, 2021, 02:34:42 AM

Aave (AAVE) price has been on an absolute tear for weeks and today the DeFi-token rallied to a new all-time high at $288.90.

The decentralized finance protocol is one of the most popular in the market and the recent rally in the DeFi sector is one of the driving forces behind AAVE’s rally.

At the start of 2021, AAVE price was trading at $83 and the recent rally appears to have bolstered the protocol’s surging total value locked, increasing buy volume on spot and derivatives exchanges and the continued development of Aave’s lending platform and flash loan issuance. Source Link (https://cointelegraph.com/news/aave-hits-record-288-high-as-demand-for-flash-loans-and-staking-increases)