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AAVE achieves record total value locked of 20.42 billion USD through multi-chain growth

AAVE becomes the leading decentralized app: AAVE has achieved the highest total value locked at 20.42 billion USD, thanks to its multi-chain expansion across 13 blockchains. Despite this growth, its key value still heavily relies on the Ethereum network.

Impressive financial performance reported: AAVE reported outstanding monthly earnings of 2.95 million USD in October, 4.24 million USD in November, and 2.85 million USD in December. This performance is attributed to a favorable market rebound and its diverse asset acceptance.

AAVE token sees remarkable growth: The AAVE token has surged, now trading at 385.95 USD, moving from outside the top 100 to a current top 30 position. With anticipated growth, the community expects it to reach historic highs above 600 USD.

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