SOL rebounds above $200, Aave deposits hit $33.4B record: Finance Redefined
Growing investor optimism in anticipation of Trump’s inauguration is inviting new capital into the market, which pushed Aave deposits to a new all-time high.
The beginning of 2025 brought renewed excitement to crypto investors, boosting Solana’s price back above the $200 psychological mark despite $55 million worth of potential selling pressure from Pump.fun.
In the wider crypto space, investor enthusiasm is growing in anticipation of United States President-elect Donald Trump’s upcoming inauguration, and the Aave lending platform’s net deposits have surpassed record highs of the 2021 bull market.
Solana’s price rose about 10% to more than $200 following a $55 million transfer from Pump.fun’s fee account to the Kraken cryptocurrency exchange.
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Author: Zoltan Vardai
