隨著天才法案燃起投資者的情緒，AAVE（AAVE）價格飆升了19.5％

最近的集會歸因於宏觀監管發展和加強AAVE生態系統內的鏈基本面的結合。

The price of Aave (AAVE), the governance token of the popular decentralized lending protocol, has soared 19.5% over the past seven days and 90.7% over the past month, outperforming the broader cryptocurrency market.

在過去的七天中，流行的分散貸款協議的治理代幣的AAVE（AAVE）的價格飆升了19.5％，在過去一個月中飆升了90.7％，表現優於更廣泛的加密貨幣市場。

The recent rally is attributed to a combination of macro regulatory developments and strengthening on-chain fundamentals within the Aave ecosystem.

最近的集會歸因於宏觀監管發展和加強AAVE生態系統內的鏈基本面的結合。

GENIUS Act fuels investor sentiment

天才法案燃燒投資者的情緒

A major driver behind AAVE's recent surge is renewed investor interest sparked by progress on the GENIUS Act, a long-anticipated piece of U.S. legislation aimed at regulating the stablecoin market. The bill recently advanced through a key procedural vote in Congress and now awaits one final vote before potential enactment.

AAVE最近激增的主要驅動力是由《天才法案》（Genius Act）的進步引起的，這是一項旨在規範穩定市場​​的立法的一項持續期待的投資者。該法案最近通過國會中的重要程序投票提出，現在在潛在的法規之前等待一票。

If passed, the GENIUS Act would allow banks and approved entities to issue their own stablecoins, provided they adhere to specific requirements. Aave, as a major player in the stablecoin sector, stands to benefit from the resulting institutional adoption. The protocol facilitates lending and borrowing of major stablecoins such as USDC, USDT, and DAI, and introduced its own overcollateralized stablecoin, GHO, in 2023.

如果通過了，《天才法》將允許銀行和批准的實體簽發自己的穩定幣，前提是它們遵守特定要求。作為Stablecoin行業的主要參與者AAVE，將從由此產生的機構採用中受益。該協議促進了主要穩定股的貸款和借貸，例如USDC，USDT和DAI，並於2023年推出了其自己的過度取決於GHO的穩定穩定性。

Investor confidence in Aave was further buoyed by its involvement with World Liberty Financial (WLFI), a crypto venture backed by Donald Trump. In December, WLFI acquired over 3,300 AAVE tokens as part of a $5 million DeFi-focused investment. The Aave community subsequently approved the launch of Aave v3, offering expanded lending services and an uncommon revenue-sharing deal that grants AaveDAO 7% of WLFI's token supply and 20% of its protocol fees.

投資者對AAVE的信心受到了與唐納德·特朗普（Donald Trump）支持的世界自由金融（WLFI）（WLFI）的參與。去年12月，WLFI作為500萬美元以偏見的投資的一部分收購了3,300多個AAVE代幣。隨後，AAVE社區批准了AAVE V3的推出，提供了擴大的貸款服務和不常見的收入分享協議，該協議授予了Aavedao的7％的WLFI代幣供應量和其協議費用的20％。

Ecosystem fundamentals strengthen as Aave reaches 20% of DeFi TVL

隨著AAVE達到DEFI TVL的20％，生態系統的基本原理增強

In addition to regulatory tailwinds, Aave's on-chain metrics have shown significant improvement. According to DeFi Llama, the protocol's total value locked (TVL) has surged to approximately $30 billion—a 50% increase from its year-to-date low of $20 billion. This milestone cements Aave's position as Ethereum's top lending platform and the second-largest decentralized application by TVL.

除了監管方風外，AAVE的鍊鍊指標還顯示出顯著改善。根據Defi Llama的數據，該協議的總價值鎖定（TVL）已飆升至約300億美元，比其200億美元的年度低50％增加了50％。這個里程碑鞏固了Aave作為以太坊的頂級貸款平台和TVL的第二大分散應用程序的地位。

Aave now holds 20% of all DeFi TVL. pic.twitter.com/I8FQChIlgv

Aave現在佔所有Defi TVL的20％。 pic.twitter.com/i8fqchilgv

Daily protocol fees have also exceeded $1 million, indicating robust user activity. Meanwhile, outstanding debt has grown to around $10 billion, yielding a healthy debt-to-TVL ratio of about 33%. This level of utilization suggests strong demand for Aave's services while maintaining necessary liquidity buffers.

每日協議費用也超過100萬美元，表明用戶活動穩健。同時，未償債務已增長到約100億美元，其健康債務與TVL比率約為33％。這種利用水平表明對AAVE服務的需求強勁，同時保持必要的流動性緩衝區。

The renewed capital inflows reflect improved market conditions and a broader rotation back into yield-generating DeFi platforms. With its solid performance and strategic positioning, Aave is emerging as a frontrunner in what could be the next phase of DeFi growth.

新的資本流入反映了市場狀況的改善，並且更廣泛地旋轉為產生產生的Defi平台。憑藉其穩固的性能和戰略定位，AAVE在下一階段的增長階段就成為領先者。

Despite the recent gains, AAVE remains below its late-2024 peak of $383.49, suggesting room for further upside should current momentum continue.

儘管最近取得了收益，但AAVE仍低於其2024年末峰值383.49美元的峰值，這表明如果目前的勢頭繼續下去，則為進一步的上升空間。