Popular Altcoin Experienced a Huge Boom After Trump's Victory, Set a New Record! Surpassed the 2021 Record!

Decentralized finance (DeFi) platform Aave set a new record in the early days of 2025.

According to the data, Aave reached a record high of $33.4 billion in net deposits, surpassing the levels seen during the 2021 bull market.

Experts pointed out that the growth of the Aave protocol is behind this success.

At this point, experts pointed out that Aave has expanded its ecosystem by adding BNB Chain, Scroll, ZKsync Era, and Ether.fi to the chains supported by 2024, stating that this has enabled Aave to reach more users.

Aave, which will continue to focus on further expansion in 2025, plans to open up to other new markets such as Sonic, Mantle, Ethereum Layer-2 scaling solution Linea, Bitcoin Layer-2 solution BOB, Spider Chain, and Aptos, subject to community approval this year.

As known, the DeFi sector has experienced an increase in total locked value and activities due to the expectation of a more friendly regulatory environment and crypto-friendly policies after Donald Trump's victory in the US election on November 5th.

While the growth of DeFi has also contributed to Aave's record, DeFi tokens have experienced significant gains immediately after the results of the US elections.

The AAVE price has been experiencing a rise of over 150% since November 5th, and continues to trade at $333.