Aave, Solana ecosystem tokens lead crypto rebound as bitcoin steadies near $60,000

Bitcoin steadied near $60,000 after this week’s sharp selloff, while the market rebound was led by DeFi and Solana ecosystem tokens. Aave rose about 19% on renewed optimism after CoinDesk reported Kraken may be exploring a strategic investment in Aave, and Aave’s founder said protocol revenues flow to AAVE holders under the new framework and hinted at an automated buyback mechanism in a future tokenomics overhaul. Solana climbed nearly 10% as tokenized stock trading on its network surged to $2.5 billion in weekly volume, more than 10 times a month ago, giving Solana over 80% share of tokenized equity trading across blockchains. Related Solana protocols including Jito, Raydium, Meteora, and Kamino also posted strong gains, highlighting how tokenization activity is translating into price support for ecosystem assets.