随着天才法案燃起投资者的情绪，AAVE（AAVE）价格飙升了19.5％

最近的集会归因于宏观监管发展和加强AAVE生态系统内的链基本面的结合。

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.

在过去的七天中，流行的分散贷款协议的治理代币的AAVE（AAVE）的价格飙升了19.5％，在过去一个月中飙升了90.7％，表现优于更广泛的加密货币市场。

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

最近的集会归因于宏观监管发展和加强AAVE生态系统内的链基本面的结合。

GENIUS Act fuels investor sentiment

天才法案燃烧投资者的情绪

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最近激增的主要驱动力是由《天才法案》（Genius Act）的进步引起的，这是一项旨在规范稳定市场​​的立法的一项持续期待的投资者。该法案最近通过国会中的重要程序投票提出，现在在潜在的法规之前等待一票。

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.

如果通过了，《天才法》将允许银行和批准的实体签发自己的稳定币，前提是它们遵守特定要求。作为Stablecoin行业的主要参与者AAVE，将从由此产生的机构采用中受益。该协议促进了主要稳定股的贷款和借贷，例如USDC，USDT和DAI，并于2023年推出了其自己的过度取决于GHO的稳定稳定性。

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.

投资者对AAVE的信心受到了与唐纳德·特朗普（Donald Trump）支持的世界自由金融（WLFI）（WLFI）的参与。去年12月，WLFI作为500万美元以偏见的投资的一部分收购了3,300多个AAVE代币。随后，AAVE社区批准了AAVE V3的推出，提供了扩大的贷款服务和不常见的收入分享协议，该协议授予了Aavedao的7％的WLFI代币供应量和其协议费用的20％。

Ecosystem fundamentals strengthen as Aave reaches 20% of DeFi TVL

随着AAVE达到DEFI TVL的20％，生态系统的基本原理增强

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.

除了监管方风外，AAVE的链链指标还显示出显着改善。根据Defi Llama的数据，该协议的总价值锁定（TVL）已飙升至约300亿美元，比其200亿美元的年度低50％增加了50％。这个里程碑巩固了Aave作为以太坊的顶级贷款平台和TVL的第二大分散应用程序的地位。

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

Aave现在占所有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.

每日协议费用也超过100万美元，表明用户活动稳健。同时，未偿债务已增长到约100亿美元，其健康债务与TVL比率约为33％。这种利用水平表明对AAVE服务的需求强劲，同时保持必要的流动性缓冲区。

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.

新的资本流入反映了市场状况的改善，并且更广泛地旋转为产生产生的Defi平台。凭借其稳固的性能和战略定位，AAVE在下一阶段的增长阶段就成为领先者。

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

尽管最近取得了收益，但AAVE仍低于其2024年末峰值383.49美元的峰值，这表明如果目前的势头继续下去，则为进一步的上升空间。