Aave has showcased promising performance in terms of network activity over the last few weeks along with a price hike.
AAVE’s network activity surged substantially over the last few weeks, and the bulls pushed the token’s price up.has showcased promising performance in terms of network activity over the last few weeks. This indicated a rise in its adoption and usage. Apart from that, the token’s price also witnessed a similar rise. Let’s have a look at what’s going on.highlighting a notable development related to AAVE.
To be precise, the number increased by more than 140% in the past seven days. Thanks to that, AAVE’s daily transactions also followed a similar increasing trend during the same time.However, when AMBCrypto checked Token Terminal’s data, it was revealed that the blockchain didn’t perform well in terms of captured value.
Our analysis of Santiment’s data revealed that the token’s volume increased along with its price, which acted as a foundation for the bull rally.
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