Traditional banks are starting to take DeFi seriously. Can AAVE leverage this wave to return to its peak?

Banking news, Standard Chartered Bank states that tokenized assets entering decentralized finance (DeFi) could drive deposit inflows into AAVE and help the protocol rebuild its position as the leading on-chain lending platform. The bank's global head of digital asset research, Geoff Kendrick, pointed out in a research report on Wednesday that active tokenized assets in DeFi could boost more deposits flowing into AAVE. Despite recent challenges, Kendrick remains optimistic about AAVE's prospects. He noted that AAVE's recent performance has been affected by the general decline in digital asset prices and the $292 million network attack related to KelpDAO. Standard Chartered expects that with the widespread adoption of tokenized assets, AAVE will regain some scale.