Aave’s surge in the decentralized finance (DeFi) space is noteworthy, as its token recently broke past the $260 mark. This growth comes alongside a strong rally in Ethereum, contributing to Aave’s increased adoption and market performance. 20% of all DeFi TVL now belongs to Aave, according to the platform’s recent X post, demonstrating their significant position in this sector. Aave has doubled its Total Value Locked (TVL) from $56 billion to $115 billion between January 24 and May 21, as highlighted by on-chain analytics firm Sealaunch. Aave is now poised for further growth with its integration of non-EVM chains, expanding their cross-chain lending capabilities. Additionally, discussions are underway to integrate Soneium and Uniswap V4 LP tokens, expanding the utility of Aave’s DeFi ecosystem. The recent surge in Aave’s value is supported by significant events, including the introduction of a non-EVM chain protocol on Aptos. Further advancements include discussions surrounding incorporating Soneium and Uniswap V4 LP tokens as collateral, expanding the Aave ecosystem’s utility. Regulatory developments also play a role, with the U.S. Senate making progress on the GENIUS Act which could potentially fuel institutional adoption of DeFi companies like Aave.