Aave Surpasses $1 Trillion in Lending Volume

Aave has made history by reaching $1 trillion in cumulative lending volume, a significant milestone in the decentralized finance (DeFi) space. This achievement marks a major turning point for the platform, which has been growing rapidly since its launch as ETHLend in 2017.

The protocol's institutional adoption through Aave Horizon, launched in August, is expected to boost its credibility and growth. Aave Horizon allows traditional financial institutions to borrow stablecoins using real-world assets as collateral, increasing the platform's reach and potential revenue streams.

Analysts are closely watching the AAVE token for potential upside, with forecasts ranging widely. While some predict a conservative estimate of $250, others see the token reaching as high as $1,500. The key factors driving performance will be TVL growth, continued revenue generation, and broader DeFi market conditions.