AAVE Bounces Amid $50M Token Buyback Governance Proposal

AAVE, the native cryptocurrency of the Aave decentralized finance (DeFi) protocol, experiences a significant resurgence in price and trading volume following the announcement of a substantial governance proposal involving a $50 million token buyback initiative. This strategic move aims to bolster the token's value and enhance community engagement in the decision-making process, further solidifying Aave's position within the increasingly competitive DeFi landscape. As investors respond positively to the news, the market sentiment around AAVE strengthens, leading to a notable uptick in its market performance. source: https://www.coindesk.com/markets/2025/10/22/aave-bounces-amid-usd50m-token-buyback-governance-proposal