AAVE Token Surges 8.20% as Governance Proposal and V4 Upgrade Drive Investor Interest

AAVEUSDT experienced a notable price increase of 8.20% over the past 24 hours, reaching 119.47 USDT on Binance, primarily driven by significant governance developments and protocol upgrades. The rise can be attributed to heightened market attention following the "Aave Will Win" proposal, which aims to redirect all protocol revenue to the Aave DAO treasury and align financial incentives ahead of the imminent Aave V4 upgrade. Additionally, the launch of Aave V3 on the Mantle Network has further supported institutional liquidity and boosted trading activity. The AAVEUSDT market remains active, with substantial trading volumes and a market cap near $1.79 billion, reflecting increased investor interest in light of ongoing governance debates and protocol enhancements.