AAVE to Aptos? A 30% Jump? 🤑

Well, isn’t this just divine? AAVE, darling, is considering a rather bold move to the Aptos chain. One can only hope it doesn’t clash with the décor. 💅

  • AAVE, bless its cotton socks, has a proposal up for a vote. Will it sashay over to Aptos? The suspense is simply dreadful!
  • And the liquidity? Positively gushing! Could this be the overture to a market rally? One shudders to think of the possibilities.

Buyers, those intrepid souls, are apparently accumulating Aave [AAVE]. A modest 3.34% price jump, you say? After a frightful 18.69% decline? Oh, the drama! 🙄

Naturally, market sentiment is all aflutter. Liquidity improves, a protocol upgrade gains traction… It’s all frightfully exciting, isn’t it? Or perhaps just frightful. 🤔

Ecosystem upgrade could benefit AAVE

The Aave V3 protocol, in a fit of daring, is contemplating its debut on Aptos [APT]. A non-Ethereum-compatible chain, you say? How very avant-garde! 🍸

Aptos, boasting speeds of 150,000 TPS—leaves Ethereum’s [ETH] 12–15 TPS in the dust. Faster execution, user growth, deeper liquidity… One could almost believe in miracles. 😇

AMBCrypto, those tireless investigators, assure us sentiment remains bullish. A sustained rally? One can only hope it’s not all just hot air. 💨

AAVE attracts fresh market liquidity

Oh, look, the total value locked (TVL) in AAVE is creeping up. TVL, darling, measures a protocol’s valuation. It’s all terribly important, you know. 🧐

When it’s high, it means investors are feeling particularly generous. Or perhaps just bored with their money. 🤷‍♀️

AAVE’s V3 TVL has ascended from $26.574 billion to $28.075 billion. An approximate $1.5 billion increase! Someone fetch the smelling salts! 😲

Liquidity inflow gains pace

This liquidity injection, you see, may be linked to rising activity. According to IntoTheBlock, Active AAVE Addresses crossed 174,840. Fresh retail participation! How utterly democratic. 🤩

Moreover, investors purchased 7,910 AAVE, worth over $1 million, in the last 24 hours. Exchange Netflows flipped negative, hinting at long-term holding. How dreadfully sensible. 🤓

A negative Exchange Netflow means these AAVE tokens were purchased and whisked away into private wallets. For long-term holding, naturally. Adding to the possibility of a market surge. Or a very long nap. 😴

Derivatives also lean bullish

Derivative traders, those gamblers in disguise, are aligned with the majority of bullish investors. How utterly predictable. 🙄

Bulls in the Futures market have taken control. The OI-Weighted Funding Rate remains positive. One can only hope they know what they’re doing. 🙏

A positive reading indicates that most AAVE contracts are from long traders anticipating a price increase. Or perhaps they’re just feeling lucky. 🍀

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2025-04-17 19:07