AAVE has maintained its price above $90.80 as it extends its mild recovery on Tuesday.
The growth in adoption of Aave's lending protocols is evident with over $500 million in deposits to Aave V3 on Monad and a record high of over $350 million in deposits to Aave V4.
However, despite the increase in protocol activity, weak derivatives data and bearish momentum indicators continue to cloud AAVE's price outlook.
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