🚀 $AAVE Absolutely Crushing It—But Is It Worth the Hype?......Alright frens, buckle up because AAVE is on fire! 🔥Today alone, it’s up 25% with a jaw-dropping daily trading volume of $1.98 billion (+74% DoD). Zoom out, and you’ll see AAVE’s been flexing hard this December, up 81% since the month started. And on the weekly charts? It’s been climbing steadily since breaking through that tough $142 resistance. 🏔️
But let’s ask the big question: Is this pump legit or just the crypto FOMO train? 🤔
Here’s the tea on #AAVE ’s year-to-date performance:
📈 TVL (Total Value Locked): $6.5B at the start of 2024 → $19.2B now. That’s not just a jump; that’s a catapult. 🚀
👥 Daily users, transactions, and fees: All on the up. AAVE’s been raking in over $1M in fees daily since Q3/2024 began.
💸 Net deposits & active loans: Both at all-time highs—a whopping $34B and $14B, respectively.
Oh, and did we mention those massive partnerships? Because yeah, they’re a thing too.
So, is this surge justified? That’s for you to decide! With numbers like these, AAVE’s definitely making a case for itself. But as always, this is crypto—proceed with caution, DYOR, and maybe keep a snack handy. Watching these charts is hungry work. 😅 #CryptoLife #BullRun #DeFi