Aave Rallies Against Bitcoin As Institutional DeFi Narrative Strengthens
AAVE’s rally towards a weaker Bitcoin tape suggests merchants are nonetheless rewarding DeFi names tied to institutional lending and real-world asset narratives. TL;DR AAVE outperformed whereas Bitcoin traded below strain. The transfer adopted renewed consideration on Standard Chartered’s DeFi and RWA thesis. Traders are watching whether or not protocol income can assist stronger DeFi valuations….
