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Crypto & Digital Assets

Aave logs biggest network-growth day in nearly 5 years as DeFi interest returns

The lending protocol added 1,806 new wallets in a single day, the most since October 2021, according to Santiment. The AAVE token has risen about 20% in a week even as the broader market slides.

Aave logs biggest network-growth day in nearly 5 years as DeFi interest returns
Aave logs biggest network-growth day in nearly 5 years as DeFi interest returns · Photo: Unsplash

The lending protocol added 1,806 new wallets in a single day, the most since October 2021, according to Santiment. The AAVE token has risen about 20% in a week even as the broader market slides.

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This article references CoinDesk. Open original source.