AAVE token price exceeds $360 for the first time since 2021, recording a 44% increase 💹 over the past week. The reason for the increase is due to a decrease in the average age of investment in dollars 🔄, as large investors returned inactive tokens to the market, which led to an increase in trading activity 🔥.
This coincided with:
🔹 Balancer V3 upgrade to improve liquidity and trading volume.
🔹 Integrate with Consensys' Linea zk-rollup network to expand scalability and reduce costs.
🔹 Strong institutional support, with World Liberty Financial investing $1 million in AAVE.
The continuation of the momentum remains dependent on whale activity 💼 and the implementation of new technical initiatives 🚀.
