AAVE gains strength because AAVE dominates the defect credit with over $ 50 billion net deposits

• AAVE is the first credit protocol that has deposits of more than $ 50 billion.
• The breakthrough indicates increasing acceptance and increasing trust in Defi.
• The native token Aave is still ready for impressive growth.

The cryptom market remained hot on Monday when Bitcoin reached a historic high of $ 123,000.

While the old coins experienced significant breakthroughs, Aave stole the show with a decisive milestone.

Aave is the first decentralized credit protocol that has exceeded net deposits of $ 50 billion.

This confirms the increased trust not only in the AAVE ecosystem, but in the entire Defi landscape.

The constant growth of AAVE has attracted attention because it demonstrates resilience, rising mainstream relevance and constant growth in a sector that is often criticized for short-term hype and wild volatility.

The platform, which debuted to experiment with on-chain loans, has developed into a financial strength that helps the masses to gain access to capital without being dependent on banks.

Aave loan allocation exceeds 50 billion: What is behind growth?

What drives the rapid growth of the protocol?

Aave has established itself as a safe, managed and transparent blockchain.

Innovative functions such as Collateral Swapping, Rate Switching and Flash Loans attracted the users because they enjoyed more flexibility and control.

Important integrations of the ecosystem and institutional interest aroused interest in Aave.

The protocol recently Added the stable coin rlusd by Ripple to support borrowing and allocation.

In the meantime, the latest milestone of the deposit signals confidence in the AAVE ecosystem.

Diverse users, from defi-power users to seasonal investors to institutional participants, trust the AAVE platform to protect their funds while enjoying smooth credit options and lucrative returns.

The striking number of $ 50 billion reflects the massive conviction of the users.

In addition, despite volatile market conditions, Aave has retained a healthy user base.

The platform has probably become the first choice for decentralized financial enthusiasts.

The current outlook is in line with the goals of AAVE to give priority to the integration of real assets.

In addition, the milestone of $ 50 billion net deposits indicates a flourishing defi niche, whereby the users are confident of binding significant funds into these protocols.

It also testifies to blockchain-based options from the prevailing shift from traditional finance (Tradifi).

In addition to the historical records, AAVE validated the Defi area.

The blockchain is now at eye level with medium -sized financial companies in relation to the managed assets (AUM).

And without an intermediary, physical infrastructure or bureaucracy.

In addition, the landmark of the deposit situation signals a future in which decentralized codes and not banks drive global borrowing and allocation.

Aave-Preisausblick

The old coin has increased by over 8% in the last 24 hours and noted at $ 328.

The portfolios of the AAVE owners rose by almost 15 % in the previous week.

The daily trade volume has increased by over 100 %, which indicates a new interest in Aave.

Short -term technical indicators support the upward trend.

For example, the convergence divergence of the moving average shows a resuscitation of the buyers with an upward crossover and green histograms.

The Chaikin Money Flow has also recovered at -0.31 to 0.10 since July 6th.

This indicates that money flows into the Aave ecosystem.

Nevertheless, the relative strength index indicates overbought conditions because it is in the 4-hour time frame at 67.

Possible profit treatment could trigger short -term corrections for AAVE.

Nevertheless, the Altcoin has a healthy ecosystem because AAVE democratizes the Defi credit and credit market.

This positions the native token for enormous growth in the coming time.