Aave's price surged nearly 7% in the past 24 hours, reaching $85.82, marking a significant recovery as institutional investors renew confidence in the decentralized lending protocol. Standard Chartered's Geoff Kendrick initiated coverage of Aave with a $3,500 price target by the end of 2030, implying a roughly 50x increase from current levels. Tokenized assets active in DeFi are expected to grow 37-fold by 2030, providing a major tailwind for Aave's lending business.