Aave recorded a record inflow of liquidity into Plasma Chain. Since the launch of the mainnet beta version, the total deposit volume has reached $6.5 billion, with users depositing more than $1.5 billion in a single day.
Institutional interest is strengthening
The main driver was the focus on the use of stablecoins. The joint Aave and Plasma project for $1 billion strengthened institutional investors’ trust. Additional support came from a large $800 million ETH transfer to Plasma by one of the major holders.
According to market participants, ‘whales are actively using ETH → USDT → Plasma vault cycles for yield, which confirms strong demand for the Aave ecosystem.’ Partnerships with Tether and Bitfinex, which provided zero fees for USDT transfers, brought in over $1 billion in pre-deposits.
Aave forecasts
Aave founder Stani Kulechov stated that the team expects rapid growth. According to his forecasts, net deposits could reach $100 billion as early as 2025.
Ethereum movement amid Plasma launch
Ethereum’s market indicators remain volatile. According to CoinMarketCap, ETH is trading around $4,022 with a market cap of $485.5 billion. Over the past day, the price increased by 1%, but over the week the asset lost more than 10%.
Coincu analysts emphasize that the Plasma and Aave collaboration became one of the first where DeFi is directly connected to traditional finance at such a scale. This strengthens the prospects for further sector growth and highlights institutional interest in blockchain solutions.
What’s next?
The launch of Plasma Chain has strengthened Aave’s position in the DeFi market. The combination of capital inflow, institutional interest, and retail user activity shows that the protocol is reaching a new level. If the trend continues, the $100 billion deposit goal could be achieved much earlier than the stated timeline.
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