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AAVE token peaks at 394 USD with TVL rising to 23.1 billion USD

The AAVE token hit 394 USD this month, its highest in three years. This price, despite a minor pullback, signals strong market demand reflecting the platform’s robust appeal among investors.

AAVE’s Total Value Locked (TVL) skyrocketed to 23.1 billion USD in December, up from 6.62 billion USD in January. This remarkable growth illustrates AAVE’s strong market position and user confidence.

Traders reported impressive returns, exceeding 96% over 30 days and annual gains above 290%. AAVE’s demand is further evidenced by significant engagement from whale investors.

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