Aave sees most new daily wallets since 2021, signaling DeFi recovery

DeFi lending protocol Aave (AAVE) added 1,806 new wallets on the Ethereum network on June 30, the highest daily figure since October 2021, according to data from Santiment. CoinDesk noted that Santiment views this surge as a sign of new participants entering the ecosystem. Despite the AAVE token falling roughly 2.4% over the past 24 hours, it has gained about 9% over the last week. The protocol's total value locked (TVL) is currently around $12.2 billion.