The price of Aave's native token (AAVE) has surged to its highest level since April 2022, reaching above $173. This comes after a period of decline for AAVE, which reached an all-time high of over $670 in May 2021. The recovery in price is in line with the broader crypto market's upward trend, led by Bitcoin. Aave's total value locked has also seen a recovery, reaching $22.1 billion, with most of the value on Aave V3.



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