I am optimistic about the 8th reason. So it will definitely rise.
小黄人大眼萌
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If you need a reason to hold AAVE, I can give you 9
AAVE has been on a good rise recently, with the number of active borrowers on its platform hitting a record high of about 41,000 per week. AAVE has survived the last bull and bear market and reached a record high this year. In this round of borrower growth, BASE and Scroll contributed the most, accounting for 23.4% and 21%, respectively, which also kept AAVE's revenue relatively strong.
In the last bull market cycle, smart contract platforms such as Polygon, Avalanche, and Fantom incentivized a large number of users and liquidity, creating AAVE's peak revenue. From the beginning of this year to now, AAVE's TVL has almost doubled, mainly due to the rise in the prices of collateral assets such as WBTC and ETH. Currently, AAVe's quarterly revenue has exceeded the revenue in the fourth quarter of 2021 during the peak of the bull market.
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