AAVE Surges 14% with Bybit and Mantle Integration Boosting DeFi Accessibility

Aave's native cryptocurrency, AAVE, experienced a notable 14% price surge, reaching $188. This increase stands out as one of the most significant daily gains within the decentralized finance (DeFi) sector. The surge was triggered by a decisive breakout above the $175 mark, accompanied by a substantial 35.66% rise in trading volume.

This surge was further supported by Aave's strategic move to integrate with the Mantle network, a development aimed at expanding access to DeFi lending services. Through this integration, Aave seeks to tap into Bybit's extensive user base of 70 million individuals, potentially introducing a vast new audience to the world of decentralized finance.