AAVE crypto falls below $150 despite Citi Research’s bullish outlook – Why?

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The AAVE cryptocurrency fell below the $150 threshold, hitting $148, even as Citi Research identified it as the leading collateral mobility protocol for tokenized capital markets, projecting a $200 trillion-plus opportunity in stock borrowing. Active loans on the Aave protocol dropped sharply following an April security incident, falling from $18 billion to $9 billion before recovering to $12 billion. Between October 19 and 20, over $213 million in USD inflows were recorded into the protocol, signaling growing demand despite the price weakness.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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