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Aave Cuts Low-Usage Assets To Reduce Risk And Focus On High-Impact Priorities
Woofun AI reports that Aave founder Stani Kulechov stated the protocol’s recent removal of low-usage assets and networks is not a stance against any Layer 1 or Layer 2. The initiative seeks to minimize operational, technical, and economic risks to prioritize high-impact areas, including expanding into existing high-value markets and entering security funding. Kulechov emphasized that Ethereum Layer 2 remains vital for user experience, noting the Aave App’s Safety Module uses L2 for settlement to onboard mainstream users. Additionally, networks like Avalanche are highlighted for their role in bringing real-world assets on-chain via institutional expansion, addressing a historical weakness for Ethereum.

Bithumb Lists Geodnet (GEOD) for KRW Trading on July 27
South Korean exchange Bithumb lists Geodnet (GEOD) against KRW on July 27 at 9:00 a.m. UTC. This DePIN project offers RTK positioning services, marking a key expansion into the Asian retail market amid growing investor interest in blockchain infrastructur

SHIB Breaks Trendline Near 2021 Lows, But Volume and Moving Averages Signal Caution for Buyers
Shiba Inu breaks a descending trendline near $0.0000042, testing former resistance. While Shibarium activity grows with FHE plans, weak volume and bearish moving averages suggest the rebound remains conditional until key highs are reclaimed.