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Latest market data shows that AAVE's ETH deposits on the Ethereum mainnet have reached a new all-time high, surpassing 3 million tokens and steadily approaching the 4 million mark. AAVE has generated significant native demand for ETH, while ETH deposits enhance AAVE's revenue-generating capacity, creating a win-win situation.
Currently, AAVE accounts for approximately 59% of the DeFi lending market share and over 60% of active loan volume. The trend indicates a strong recovery in decentralized finance by 2026, and the AAVE protocol is undoubtedly the preferred on-chain lending infrastructure. So the question is, is the $AAVE at 163U now extremely cost-effective?