AAVE Surges 2.17% as Grayscale ETF Filing and DAO Revenue Boost Spark Market Activity

AAVEUSDT traded at 127.14 on Binance, marking a 2.17% increase over the last 24 hours, attributed mainly to heightened institutional interest following Grayscale's spot Aave ETF filing and positive sentiment from the Aave Labs "Aave Will Win Framework" proposal, which aims to allocate all protocol revenue to the DAO treasury. Recent launches such as Aave V3 on Mantle Network with liquidity incentives, and strategic plans for protocol expansion, have further supported market activity and trading volume. The asset's market capitalization is around $1.92 billion, with notable 24-hour trading volume increases, and the protocol continues to demonstrate strong annual revenue performance exceeding $100 million.