AAVE gains capital share in DeFi, yet its prices stall – What’s missing?

• Aave itself held 5% of the Stablecoins offer and overcame all the creditors of the Cefi together.
• Aave has 2.5 years constantly maintaining 60 to 80% of the ratio of the entire credit sector.

Defi can finally produce its loser status.

The reason is mainly streamlining, which came after a round table sec in the second quarter of this year. Spirit [AAVE] He was among the recipients of the SEC event.

With this, AAVE grew in the circulating stablecoins and in July 2025 in January to more than 5% increased according to the analyst Leon Waidmann. This constant growth meant that the interest in deficit and confidence in the lending model grew.

This sharp growth not only indicates growing confidence in decentralized loans, but also reveals a wider shift in how users – retail and institutional – are parking capital.

Deposits and borrowing formulas show in demand Divergence

Volume of bearings on Aave has shown This USDC was the most used with a deposit volume of $ 669 million. Weth followed the volume of deposit of $ 180.3 million.

In contrast, the rental activity was dominated by USDE and USDT, at $ 604.5 million and $ 282.7 million.

Interestingly, the USDC was stored in large numbers, but was lent less, $ 87.4 million. However, this case has turned with higher loans, but low deposits.

Such imbalance indicated the transition in demand for lending more stablecoins.

In terms of AAVE income, the loan industry continued to dominated. Since January 2023, its share in the total rental income between 60% and 80% on the basis of the dune.

In June 2025, this number was above 50%and translated into planned analized revenues that are close to $ 100 million.

Aave was also in its persistent activity with active addresses of 1.46 prints and 179K holders by Inotheblock.

However, the most active addresses and municipal holders of the tokens were the most active, with the first DAI rating, followed by Uniswap.

This shows that while Aave can lead on capital metrics, other Defo protocols maintain a stronger daily user activity.

Prices become like crushing liquidity

Coinelyze’s 2 -hour chart showed that the price of Aave fluctuated between $ 248 and $ 284, with the last rebounds failed to exceed the previous maximum.

Over the past two days, liquidity in the order books has decreased and joined the action.

Between June 24 and 1 July, long and short liquidation appeared without permanent direction. The price eventually settled in a stricter band of $ 260 – 270, although the momentum weakened.

Until the price breaks either above the level of $ 284 or below 260 $, Aave stagnates in the range of deteriorating dynamics.