Interested in $AAVEthat saw billions of dollars in outflows after the KelpDAO attack in April, continues to grow.
At this point, $AAVE has recently managed to get on the radar of business companies, and has also experienced a huge increase in the number of new wallets.
Cryptocurrency analytics platform Santiment has reported that its DeFi lending protocol Aave ($AAVE) has reached the highest daily number of new wallets since 2021. According to Santiment, this signals a recovery in DeFi.
According to data shared by Santiment, the number of wallets opened on Aave on the Ethereum network on June 30 reached 1806. This was the highest daily number of wallets recorded since October 2021.
Santiment indicates that it sees this increase $AAVE as a sign of new participants entering the DeFi ecosystem.
The company stated that, from a price perspective, this is the kind of signal investors want to see as July begins.
“…Last week, $AAVEranked 46th in terms of market capitalization, saw an increase of 23%.”
Furthermore, the emergence of new wallets at this rate indicates a growing interest in $AAVE and supports the price momentum. If this new participation translates into deposits, loan demand and protocol revenue, $AAVE could be poised for an even stronger recovery in the second half of 2026.”
Despite a decline of around 2.4% in the last 24 hours, $AAVE has increased in value by about 13% in the past week. After approaching $100 last week, $AAVE was negatively affected by Bitcoin’s sharp decline, dropping to around $86.
As expected for $AAVE Continuing to grow lately, Standard Chartered and Grayscale have also issued bullish forecasts for the company. Accordingly, Standard Chartered predicts that the $AAVE the price could reach $3,500 by 2030, while Grayscale predicts it could reach $175 within a year.
Related news A Leading Global Bank Makes a Major Bull Run Prediction for Altcoin, Shocked by a $290 Million Hack This Year!
*This is not investment advice.