It rises to an increase of 3 weeks in the rise in the Defi lending market by $ 56 billion

The original code for decentralized financing (Defi) AAVE lender {AAVE} On Tuesday, he gathered to his strongest price in three weeks, reaching $ 290, as the Defi lending sector is heated.

AAVE witnessed great fluctuations throughout Monday and Tuesday, which was recovered from Nadir from $ 277.57 to $ 291.11, and gained about 5 %, according to Coindsk Research.

Size patterns remained strong during this period, with a noticeable rise during 12: 00-12: 13 penetration phase that exceeds 2000 units, which confirms the attention of authentic purchase and verifying the validity of the continuous recovery from the lowest levels of the previous session, as indicated by the model.

The recovery pattern indicates a large purchase benefit at less than 277.00 dollars to $ 280.00, which puts potential support areas for future price procedures, as the model suggested.

This step occurred because the broader lending space has the renaissance. Total closed value (TVL) In this sector, it rose to new levels above $ 56 billion, exceeding peak levels 2022, Defillalama data He appears.

AAVE plays a dominant role in the increasing direction: the protocol takes 26.4 billion dollars in TVL via seventeen Blockchain, according to Defillalama data. This means that AAVE has more assets on the platform more than 30 completely competing lending protocols, one market observer male.

Slip: Parts of this article were created with the help of artificial intelligence tools and reviewed by our editorial team to ensure accuracy and commitment Our standards. For more information, see Coindsk Full Policy Artificial Intelligence.