AAVE, UNI, CRV surge amid market complexities

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After avoiding proscription by the SEC, these tokens have now become a major interest for whales and institutions. But what else?

, which has been in an unimpressive state for a while, surged to 431.61 million. UNI also increased to 135.49 million, and CRV’s volume rose mildly to 57.73 million.

The rising volume indicated that transactions with the token increased. Also, it indicates increased enthusiasm among buyers. If this continues without glaring sell pressure, then the prices of the token might get more strength behind them. Consequently, this could lead to another price increase.As prominent DeFi tokens, AAVE, UNI, and CRV, it’s unusual to be typically associated with traditional financial systems.

Additionally, their respective ability to provide decentralized lending, borrowing, and yield farming has made them gain attention. These activities, which happen without relying on traditional intermediaries, could have also played a role in increasing investment interest.

 

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