Recently, the news of AAVE "experiencing fluctuations" has caused capital to tend to withdraw and shift to other tokens like $SPK. Meanwhile, direct competitors such as $SKY and $MORPHO are showing clear upward trends on the monthly timeframe, reflecting the market's new expectations for the DeFi lending sector.

However, the likelihood of AAVE truly "collapsing" is low. In the decentralized lending and borrowing field (DeFi Lending), AAVE is one of the most solid projects, having gone through two major bull and bear cycles of the market while maintaining its leading position. The market consensus (market consensus) cannot be replaced after just a few short-term fluctuations.
The temporary capital outflow mostly stems from psychological concerns and short-term effects. But in the long run, AAVE's fundamentals show no signs of serious weakening. When the "storm" passes and confidence gradually stabilizes, the likelihood is that capital will return to leading projects.
Therefore, instead of panicking, investors can consider waiting for the right moment to accumulate at reasonable prices. In investing, opportunities often arise when the market is most doubtful — and with AAVE, the long-term story may still be ongoing. $SPK
{spot}(SPKUSDT)