AAVE token has surged 20 percent after U.S. lawmakers moved forward with the GENIUS Act, a stablecoin bill viewed as a potential game-changer for DeFi regulation. This legislative development has generated a wave of optimism among crypto investors.

The implications of this bill could significantly reshape the DeFi landscape, making it easier for stablecoins to gain mainstream adoption. Consequently, AAVE and other tokens related to DeFi are experiencing renewed momentum.

This advancement provides a glimpse into what might lie ahead for the DeFi sector. Investors should keep a close watch on further developments, especially as regulatory clarity emerges.