Decentralized finance protocol Aave is witnessing a surge in whale activity, with over 58,848 AAVE tokens worth $6.47 million withdrawn from exchanges in two days. This follows a market dip that saw altcoins reach key support areas.
AAVE’s price surged by 7% in 24 hours, reaching $111, and has jumped over 18% in the past week. The total value locked in Aave stands at $22 billion, with $19.9 billion on Aave V3.
Aave V3.1, launched across all networks, brings enhancements in security and usability. Aave Labs has ambitious plans, including Aave V4 by 2030.
