AAVE TVL don reach $69B, e for be 38th biggest US bank
Marc Shawn Brown, di social media oga head for Cointelegraph, don tweet say AAVE TVL don reach $69 billion. For dis level, if AAVE be bank, e go be di 38th biggest for US. AAVE TVL na di total money wey lock for AAVE protocol, e dey show say DeFi dey grow strong. Dis milestone show say capital still dey flow into on-chain finance and e strengthen AAVE market position. Traders suppose note say AAVE TVL growth mean say more people dey use di protocol well and e fit support di price. If AAVE TVL continue to grow, e fit push more DeFi adoption and make AAVE token future better.
Bullish
Di increase wey AAVE TVL get reach $69 billion mean say capital dey flow well and users trust the protocol wella. For history, when big DeFi platforms reach important TVL milestones, e dey usually make market get better sentiment and price go up, like wetin happen to MakerDAO and Uniswap when their TVL increase. For short term, traders fit see di rising AAVE TVL as better sign wey fit make dem buy more and increase liquidity. For long term, if AAVE TVL keep grow steady, e go make the protocol get more market power, fit attract more institutional and retail people, and support steady upward trend for AAVE token.