Aave (AAVE) experienced a remarkable rise of over 22% as Bitcoin and Ethereum prices bounced back sharply. Bitcoin has managed to reclaim the $105,000 level after a turbulent start to the week, while Ethereum successfully climbed above $2,500.

This resurgence has left bears in a tough spot as the market appears to correct following recent declines. Traders are showing renewed interest in Aave, driven by the overall market recovery.

The developments signal a potentially lucrative period ahead for Aave and other altcoins, as market dynamics continue to shift in favor of recovery.