Aave's Price Plummets Below $100 Amid Grayscale Interest

Aave's price has taken a significant hit, plummeting over 10% in the last day. This drop brings Aave's price below $100, raising concerns about the cryptocurrency's market performance.

Grayscale has been eyeing Aave as a 'household name' status, which could bring more attention and investment to the DeFi platform. The Bank of Canada has also signaled its intentions to explore DeFi's potential, further solidifying its position in the market.