The governance token of the decentralized lending protocol Aave has experienced explosive growth in recent days, jumping by nearly 24%, from around $214 to over $263. This surge is being driven by a combination of factors, including bullish sentiment in the cryptocurrency market and growing institutional interest. The price action has been notable for several reasons: it surpasses the psychological barrier of $250, reflecting a break beyond technical limitations; it’s fueled by significant trading volume from both individual investors and large institutions; and, importantly, this rally comes amidst broader shifts in risk asset markets as geopolitical tensions fuel volatility. Experts attribute this surge to expanding DeFi applications and growing institutional interest. 24% growth highlights the increasing momentum behind AAVE, a token that has captured attention within the crypto sector.