AAVE surges 177% in a year, beats UNI, LDO – But THIS group loses confidence – BitRss

• AAVE ($245.64) has outperformed DeFi tokens, with its value almost tripling over the past year.
• AAVE is experiencing short-term bearish sentiments despite gains over the past day.

Over the past year, Aave [AAVE] has experienced exceptional growth on its price charts. Throughout the past year, AAVE has spiked from a local low of $94 and managed to reach a local high of $400 before a retrace.

As of this writing, AAVE was trading at $250, marking a 177% increase in yearly charts. Equally, its market cap has spiked from $1.4 billion to $3.7 billion at press time.

With these strong growths over the past year, AAVE has become the most pe…