AAVE has made headlines with an impressive 20 percent surge overnight, reaching approximately $264. This explosive increase has ignited excitement among crypto enthusiasts about the potential for a significant bull run within the DeFi landscape.

What are the driving forces behind this price jump? Renewed interest from institutional investors alongside fresh tokenomics proposals have instilled strong confidence among investors. Thanks to these factors, AAVE has successfully breached critical resistance levels, paving the way for future gains.

As AAVE continues to ascend, traders should monitor ongoing developments in the DeFi space closely. Will this upward trajectory signal the beginning of a broader bull market? Only time will tell, but for now, the outlook looks promising.