The native token of the DeFi platform Aave (AAVE) reached its highest price in three years this month. Despite a slight adjustment following the overall market trend over the weekend, the price of AAVE remains close to its multi-year high of $394.

- Analysis from DefiLlama shows that Aave has experienced steady growth over the past year in terms of Total Value Locked (TVL), token price, and fees. Aave's TVL increased from $6.62 billion in January to a record high of $23.1 billion in December.

- Aave's fees have also grown steadily, indicating increased usage and demand for this decentralized cryptocurrency lending platform.

- Analysis from Santiment indicates that the growth of AAVE is related to the reactivation of inactive tokens, helping to drive the price uptrend. 📈

- Despite the price adjustment, experts believe AAVE remains stronger than other altcoins, indicating continued growth potential. 🌟