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Sadii

04/28 12:15

Solana lends USDT to Aave and onboards AAVE after

#BTC Pulls Back—Guess & Win 18M HTX #HTX Community April Creation Contest #Daily 5K USDT Airdrop - Join & Win! Solana lends USDT to Aave and onboards AAVE after the KelpDAO exploit, as SOL chops in the mid‑$80s and markets ask if “DeFi United” can reignite the trend. Summary Solana Foundation Chair Lily Liu says the foundation is lending USDT to Aave as part of a DeFi “recovery effort” after the KelpDAO exploit. Liu confirmed that the $AAVE token will be integrated into the Solana network this weekend, marking a rare cross‑chain alignment between the two ecosystems. The move, widely shared by DeFi analysts and institutional accounts, underlines how the KelpDAO incident has forced a broader, “DeFi United” style response. Over the last 3–12 hours, SOL has traded roughly in the mid‑80s, with most major venues showing a tight intraday range and modest negative drift: Gate shows SOL at about 84.22 dollars, down 2.66% over 24 hours, while KuCoin quotes about 84.21 dollars with a 2.72% drop over the past hour at snapshot time, implying near‑term selling pressure but not a capitulation move. Coinbase and CoinMarketCap both cluster current levels around 85–86 dollars with roughly 1% intraday moves, reinforcing the picture of a choppy, range‑bound market rather than a breakout. Prediction‑market odds on Solana reclaiming triple‑digit levels this week price that scenario at low single‑digit probabilities, with bands above 90 dollars offered at only a few percent, implying the market expects consolidation, not a sudden melt‑up. Solana Foundation Chair Lily Liu confirmed that the foundation has extended a USDT‑denominated loan to Aave to help stabilize liquidity after the April KelpDAO exploit sent shockwaves through its markets on Ethereum, Arbitrum, and Mantle. “This is the first time we are lending USDT to @Aave to aid their recovery efforts,” Liu wrote on X, adding that “economies do not operate in isolation” and that Solana’s health depends on “the health of all DeFi.” In t
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