The U.S. #SEC has officially closed its investigation into #AAVE  , ending nearly 4 years of regulatory scrutiny with no enforcement action recommended.

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Aave founder Stani Kulechov confirmed the decision, noting the protocol cooperated throughout the process.

Following the news, $AAVE  price dipped 3.18%, likely reflecting short-term profit-taking rather than fundamentals and also the broader crypto market is hit.

Aave remains the largest DeFi lending protocol, with ~$3.3T in lifetime deposits and ~59% market share. #Altcoin Season#

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