#ChristmasMarketAnalysis
The price of Aave is approaching the cycle high amid market weakness
AI Summary
According to BlockBeats, on December 24, Arthur Cheong, founder and CEO of DeFiance Capital, stated on social media that, despite the overall weakness of the market, the price of Aave is nearing a cyclical high. Cheong suggested that this could be due to institutional investors buying Aave to include it in their year-end reports as one of the best-performing DeFi assets and a significant representation of the future of finance.
