AAVE Token Jumps 3.4% After Major Withdrawal and Aave V3 Launch on Mantle Network

AAVEUSDT experienced a 3.40% price increase over the past 24 hours, with the current price on Binance at $117.39, likely driven by recent on-chain activity including a large withdrawal of 17,390 AAVE tokens, positive protocol developments such as the launch of Aave V3 on Mantle Network, and increased deposits into Real World Assets. Market sentiment may have been impacted by the announcement of BGD Labs' planned exit from the DAO and fluctuations in trading volume, which saw a decrease of 19.20% from the previous day, signaling a moderation in activity. AAVE's circulating supply is approximately 15.19 million coins, with a market capitalization ranging from $1.71 billion to €2.119 billion and the asset remains among the top cryptocurrencies by market cap.