AAVE Slumps 2.1% as CoinDesk 20 Index Stumbles – A Temporary Dip or Bearish Signal?

Crypto markets hit a speed bump as AAVE leads losses in the CoinDesk 20—because what’s a week in DeFi without some volatility?

Red ink spreads:
The lending protocol’s token bled 2.1% amid broader index weakness. Traders shrugged—after all, this is the same asset that mooned 300% last bull run before rug-pulling latecomers.

Silver lining?
The dip comes as ETH gas fees hit 3-month lows—perfect conditions for yield farmers to rotate positions. Watch for accumulation patterns near $85 support.

Wall Street analysts remain divided: ‘Technical correction’ says one report; ‘Proof DeFi summer is over’ declares another. Meanwhile, degens keep farming like nothing happened—because when has fundamentals ever stopped crypto?

Leaders: POL (+6.4%) and LTC (+4.6%).

Laggards: AAVE (-2.1%) and XLM (-1.7%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.