DeFi Frenzy Ignites as AAVE Soars on New Protocol Launch

The cryptocurrency market is buzzing with activity as decentralized finance (DeFi) tokens are experiencing a surge in popularity. Leading the charge is Aave (AAVE), which soared over 21.5% in 24 hours following its launch on Aptos blockchain, signaling a strategic expansion into newer Layer-1 ecosystems and attracting significant investor interest. This move has coincided with substantial growth in DeFi Total Value Locked (TVL) and a bullish technical outlook suggests Aave could test $400 levels in the near future.