AAVE surges over 15% to above $170 for first time since January 19

  • AAVE surged more than 15% after an announcement by Aave founder Stani Kulechov.
  • AAVE traded above $170 for the first time since January 19.
  • Aave is a decentralized lending platform, and the announcement details are incomplete.

AAVE, the native token of decentralized lending platform Aave, surged more than 15% in 24 hours to trade above $170 for the first time since January 19. The move followed an announcement by Aave founder Stani Kulechov, although the available report does not include the announcement's full details.

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