dfx

The Awakening of #defi
#crv y #AAVE shots fire the Index #DFX in a new market rally

Decentralized finance (DeFi) has once again taken control of the crypto market, driving price action for the second time in just a week. This new bullish move shows a rotation of capital into established yield- and liquidity-focused protocols, signaling a clear resurgence of the sector against other narratives in the ecosystem.

DeFi Select Index (DFX): The index that groups the sector’s leading players has recorded a gain of 5.0% since midnight, climbing in a distinctly bullish channel during the early hours of September 29 to reach the 145.50 level.

#CurveDAO (CRV): Leading the charge in the sector, the token has seen a spectacular rebound of 19%. The short-term chart confirms this momentum with a positive MACD crossover and candles with strong buy volume, pushing its recent price into the 0.3978 USDT area.

Aave (AAVE): The leading decentralized lending protocol supports the move with a rise of more than 16%. After a period of consolidation, the asset broke strongly upward with a spike in volatility, placing its price at around 173.83 USDT.

Do you think this DeFi ecosystem momentum will be sustained to kick off a new season, or is it just a short-term rotation of capital?
$CRV
$AAVE