DeFi Tokens Rally Amid Political Shift
Decentralized finance tokens, including Aave and Uniswap, saw major gains following Donald Trump’s U.S. presidential election victory. Aave jumped over 24%, while Uniswap surged by 30% in 24 hours, responding to a shift in market sentiment following Trump's return to office.Aave’s Partnership Boosts Speculation
Aave’s surge may be partly fueled by its recent collaboration with World Liberty Financial, a Trump-associated project. Last month, World Liberty Financial proposed an integration with Aave, offering a share of transaction fees and governance tokens. Maker, Compound, and Lido also experienced double-digit growth, with broader DeFi tokens capitalizing on market optimism.Market Impact and Trends
The global crypto market cap rose by over 6% to $2.57 trillion, while Bitcoin remained stable around $74,300. The renewed enthusiasm in DeFi could signal growing interest in decentralized solutions amid regulatory uncertainty, particularly as Trump’s administration takes shape.
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