AAVE Soars 10% as Grove Boosts Liquidity for Aave’s Real-World Asset Market

The Aave (AAVE) token experienced a remarkable surge over the weekend, reaching a new all-time high of $230 and topping DeFi gains. Key factors driving this upward momentum include a boost in liquidity from Grove, an onchain capital allocator, for Aave’s institutional Horizon market focused on real-world asset (RWA) lending. Grove will provide USDC and Ripple USD (RLUSD) liquidity to the platform.