According to @CoinMarketCap, BTC rose 2.37% and ETH gained 1.76% as total crypto market capitalization reached 3 trillion dollars, with crypto grinding higher on low volumes while equities set new highs, source: CoinMarketCap. According to @CoinMarketCap, key market drivers include an Aave governance dispute and Solana’s launch of Kora targeting fee-free transactions, source: CoinMarketCap.

According to @MilkRoadDaily, AAVE is trading above $280 as of Aug 8, 2025, more than doubling from their August 2024 call at $128 (source: @MilkRoadDaily on X, Aug 8, 2025). The post frames this move as a reminder that risk/reward can favor protocols that continue building, positioning AAVE as a DeFi outperformer in this cycle (source: @MilkRoadDaily on X, Aug 8, 2025). For context, Aave is a leading DeFi lending protocol and AAVE is its governance and staking token, which traders often monitor for sector momentum (source: Aave documentation).