Aave, a leading decentralized finance protocol, saw a remarkable year amid several major milestones.
But the Aabh (GHOST), which offers a no-nonsense platform that allows users to earn interest on their investments as well as borrow funds, is looking at an even “bigger” year in 2025.
The DeFi giant divided the view in its year-end review of X, noting key milestones such as the introduction of Aave 2030 and V4. The proposal for V4 looks at the strategic evolution of Aave over DeFi with better modularity, lower management costs, capital efficiency and innovative liquidity distribution.
Aave is looking to strengthen its position with these future endowments.
The target builds on a year that saw Aave launch new markets and set records as the total value of the locked protocol hit an all-time high. In fact, TVL became big when net investments hit $35 billion while new markets included the expansion of Aave DAO to Scroll, BNB Chain, ZKSync Era and Ether.fi. The new markets offered a total value volume of $2.55 billion.
By 2025, more than six new chains will be added with Aave DAO regulatory approval – current proposals include a targeted merger with SonicMantle, Linea, Botanix Labs Spider Chain and Aptos.
Also to see a particular push for further growth is GHO, the overcollateralized decentralized stable native to the Aave protocol. The project has plans for cross-chain expansion after the Arbitrum debate in 2024. Over the next few months, GHO will look to go live on Base and Avalanche.
In the markets, the Aave token saw its price rise to a high of $385 in the past 12 months – the highest level last seen in September 2021. While AAVE has improved gains from recently, the current price of the DeFi token is more than 183% up in September 2021. last year and about 52% of it reached its peak ever above $661 in May 2021.
Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only.
