Will Aave price soar to $500 as exchange balances fall?

Aave remained in a tight range on Saturday, but a combination of strong technicals and soaring deposits means that it could rebound soon. Aave (AAVE), originally known as ETHLend up until September 2020, was trading at $353 at last check Saturday. It remains 370% above its 2024 lows.  Source: CoinGecko Data shows that the total […]

Aave eyes bigger 2025 after net deposits hit all-time high

Aave, a leading decentralized finance protocol, witnessed a remarkable year amid a host of key milestones. But the Aave (AAVE) protocol, which offers a non-custodial platform that allows users to earn interest on their deposits as well as borrow assets, is eyeing an even “bigger” year in 2025.  The DeFi giant shared the outlook in […]

Sonic passes Aave temp check for v3 integration

Sonic, formerly Fantom, has passed the first stage of launching Aave’s third-generation lending protocol on its blockchain. An on-chain temperature check to advance Aave v3 deployment on the newly launched Sonic layer-1 network reached a quorum on Dec. 27, per a snapshot vote. The check sought to assess community support for integrating Aave, the largest […]

Aave and Lido surpass $70b in net deposits, leads DeFi

Aave and Lido together have surpassed $70 billion in net deposits for the first time in history, as per Token Terminal.  Aave (AAVE) is in the leading position with $34.3 billion, just ahead of Lido Finance’s (LDO) $33.4 billion. The two protocols together represent 75.25% of the $89.52 billion allocated to the top five Decentralized applications, […]

AAVE price rises as smart money buys, exchange balances falls

AAVE price rebounded for the second consecutive day, erasing some losses from last week, as smart money investors bought in and exchange balances declined. AAVE (AAVE), the largest lending protocol in the crypto industry, climbed to $341 on Monday, Dec. 23, marking a 25% increase from its lowest level last week. This recovery pushed the […]