Aave Rift, Bitcoin Rebound and ETF Inflows Dominate the Crypto Week

The crypto market saw Bitcoin stage a recovery, rising from a low of $63,245 to $73,000, supported by $1.1 billion in net weekly inflows into US spot Bitcoin ETFs. In the DeFi sector, a significant governance clash occurred as the Aave Chan Initiative (ACI) announced it would cease engagement with the Aave DAO and wind down operations within four months, citing concerns over governance standards. Separately, a strategist from Strive predicted that AI-driven technological deflation could push Bitcoin to $11 million by 2036, though other analysts suggested a more realistic ceiling near $1 million due to expected market maturity. Furthermore, weekly stablecoin inflows rebounded significantly to $1.7 billion, and Solv Protocol offered a 10% bounty after a $2.7 million exploit on one of its token vaults.

(Source：Cointelegraph)