AAVE Rallies Above $290 as DeFi Lending Surges to New Highs

  • AAVE, the native token of decentralized finance (DeFi) platform Aave, surged to over $290 on Tuesdayits highest level in three weeksas the DeFi lending sector gains renewed momentum. According to CoinDesk Research, AAVE rebounded from Mondays low of $277.57 to a session high of $291.11, marking a 5% gain in under 24 hours.