The total value of borrowings on large DeFi platforms like Aave and Morpho has sharply dropped from the mid-December peak, as investors scrambled to reduce outstanding debt or got liquidated.
DeFi’s largest protocol, the Aave decentralized autonomous organization (DAO), has officially approved a $1 million token buyback initiative that will start on April 9. The proposal secured 439,000 votes in favor, well above the required 320,000 quorum, while only 2,020 votes opposed it. This move is part of a broader plan to strengthen Aave’s tokenomics […]
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Lens Chain mainnet goes live using an inexpensive Ethereum overlay blockchain designed for building decentralized social media applications.
Avara, the parent company of Aave, is allowing users of its Family Wallet to onboard with email or SMS, rather than messing around with seed phrases.
Co-founders Zak Folkman and Chase Herro were reportedly replaced as “controlling parties” of the platform, according to Reuters.
Converge, expected to launch in Q2, is an Ethereum-compatible blockchain featuring native KYC and custody solutions.
The proposal hinted at a potential 15% token allocation to Aave DAO, raising concerns about diluting the existing AAVE token’s value.
Aave Labs has launched a new initiative called Horizon, which aims to enhance the integration of institutional Real-World Assets (RWAs) into DeFi. Announced on March 13, the project seeks to bridge DeFi’s open financial ecosystem with the structured needs of institutional asset issuers, creating a framework that encourages broader participation in on-chain finance. Project Horizon […]
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The primary goal of Horizon is to bridge the gap between traditional finance and DeFi using the Aave ecosystem as a foundation.
Despite the recent positive momentum in the market, the AAVE price seems to be back under bearish pressure over the past day. As a result of the dwindling sentiment, the price of AAVE has dropped beneath the psychological $200 level in the last 24 hours. However, a prominent crypto analyst on social media platform X has suggested that the DeFi token won’t be down for long. According to the crypto pundit, the AAVE price could begin a new bullish rally, with its sights on the $360 mark. AAVE Price Prediction: Analyst Forecasts 80% Surge Popular crypto trader Ali Martinez took to the X platform to share a video, explaining AAVE’s potential path to return to its former price highs in the current cycle. This optimistic prediction is based on a developing “broadening formation” on a medium-term timeframe of the AAVE price chart. Related Reading: Bitcoin Price Crash Incoming? Why A Fall To $63,000 Is Possible If This Resistance Holds For context, a broadening formation is a price pattern in technical analysis characterized by two diverging trendlines; a rising upper trendline (connecting a series of higher highs) and a falling lower trendline (connecting lower lows). This pattern is often associated with a period of increasing price volatility (or significant price action). Typically, broadening patterns are bearish chart formations for most asset prices, as they are often correlated with rising volatility without a clear indication of the next direction. However, the current formation appears to be bullish and could prove a pivotal turning point for the AAVE price. According to Martinez, the DeFi coin looks primed for a bullish break out of the developing broadening pattern. However, the AAVE price would need to breach the crucial resistance level of around $250 before this bullish breakout can be confirmed. If AAVE successfully closes above this $250 resistance zone, investors could see its price travel to as high as $360 over the next few weeks. This would represent an over 80% surge from the current price point. Can Whales Push AAVE To $250? As of this writing, the price of AAVE is hovering around the $200 mark, reflecting an over 6% decline in the past 24 hours. According to CoinGecko data, the AAVE price is up by 4.3% on the weekly timeframe. While the DeFi coin is far away from the critical $250 mark, the appropriate positive catalysts might be all it needs to cross this level in a few days. One such catalyst that could prove crucial is the rising activity of AAVE whales in recent days. Data from Santiment shows that the AAVE token saw the largest increase in the amount of $100,000 whale transactions over the past week. The number of these large transactions skyrocketed by more than 267% in the highlighted period. Related Reading: This Bitcoin Price Range Could Be The Bulls’ Final Defense Line, Report Says Featured image from Binance Academy, chart from TradingView
Aave’s cash pile has ballooned by 115% to $115 million since mid-2024, with the platform’s GHO stablecoin hitting a $200 million supply and reporting strong revenues.
Aave has proposed a comprehensive update to its economic framework, focusing on revenue distribution, staking incentives, and liquidity management. The proposal, introduced by Aave Chan Initiative (ACI) founder Marc Zeller on March 4, is considered a pivotal development in Aave’s evolution. He stated: “We consider it the most important proposal in our history.” According to […]
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The proposal builds on a temp check, approved in August 2024, to adopt a fee switch to return some of the platform's excess revenue to users.
Despite the significant liquidation volume, major lending platforms have demonstrated resilience, continuing to function as designed even under stress.
According to Aave, Sonic’s monetization model allows protocols like Aave to earn a share of the transaction fees generated by user activity.
This DeFi activity could be seen as a way to appreciate the value of Ethereum Foundation's treasury without selling assets.
Both Lens and GHO originate from the developers behind lending protocol Aave, now operating under the Avara umbrella.
Aave aced the market's stress test, processing millions in liquidations without taking on new bad debt.
World Liberty has moved over 90% of its multi-asset treasury including its AAVE, ENA and LINK positions, onchain data shows.
The past week was one of two distinct halves for the AAVE price, which initially kicked off with a bearish downturn beneath the $300 mark. The DeFi coin has since shown strong signs of recovery, jumping to as high as $340 on Friday, January 31st. Based on its latest price setup, the AAVE token looks set to be one of the best performers in the crypto market this February. However, a crypto analyst has clarified that it might not be a smooth sailing journey for the AAVE price over the next few months. Here’s How AAVE Could Reach Its High In This Cycle Prominent crypto trader Ali Martinez took to the X platform to share an exciting bullish projection for the price of AAVE. According to the pundit, the DeFi coin could be readying for an over 6,400% rally before the end of this current cycle. Related Reading: Shiba Inu Burn Rate Explodes 7,240% With 1.1 Billion Tokens Burned In 24 Hours, What’s Driving It? This bullish prediction is based on the action of the AAVE’s price around a TD (Tom Demark) Sequential resistance trendline. The TD Sequential indicator is a tool used in technical analysis to identify the exact time of trend exhaustion and price reversal for a specific token. However, the TD Sequential indicator can also generate trendlines, which can serve as crucial resistance and support levels for price. These levels are determined using the extremes of the first candle in the Setup phase of TD Sequential. In the last cycle — specifically in 2020, the AAVE price breached the TD Sequential resistance trendline (represented as the black dots in the chart above). This singular action was followed by a 6,400% rally, which saw AAVE reach its current all-time high price of $661 in 2021. As it stands now, the price of AAVE is testing a similar resistance trendline around the $350 level on its monthly chart. If the price successfully breaks through this resistance zone — and history holds true, AAVE could witness a move to $3,500. AAVE Price In The Short Term? As of this writing, AAVE’s price stands around $337, reflecting an almost 7% increase in the past 24 hours. According to data from CoinGecko, the altcoin is down by 1% in the last seven days. Related Reading: Get Ready: XRP Set To Skyrocket To $4.39, Says Trading Guru While AAVE’s future looks incredibly bullish, there are certain obstacles the DeFi coin might need to overcome sooner than expected. According to Martinez in a separate post on X, the AAVE price faces two key resistance zones at $243 and $365, where investors purchased 1.3 million and 971,000 tokens, respectively. Martinez noted that breaching these supply barriers is crucial for AAVE’s bullish breakout and a potential run to a new all-time high. Featured image from Binance Academy, chart from TradingView
The move comes amid longstanding concerns over EF transparency, especially regarding its treasury management.
Donald Trump-affiliated project World Liberty has diversified its treasury even further with these recent token purchases.
Some tokenholders are expressing doubts about the proposal’s profitability for the DeFi lending protocol.
The DeFi protocol is proposing using 20% of revenues for monthly buybacks to boost benefits for stakers.
The Aave (AAVE) market suffered significant losses in the past week as price declined by 17.07% according to data from CoinMarketCap. While the DeFi token has shown some stability in the last 24 hours, certain market indicators suggest the bearish storm may be far from over. Related Reading: DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report AAVE Could Crash By 30% If Signal Holds In a recent post on social media platform X, crypto analyst Ali Martinez shared a hawkish prediction on the AAVE market. According to Martinez, the TD Sequential indicator has presented a sell signal on the AAVE weekly chart, suggesting a major decline on the horizon. In trading, the TD Sequential developed by Tom DeMark is used to identify potential turning points in price trades. It basically indicates when an asset’s price is overextended in a particular direction and due for a reversal. Based on Martinez’s forecast, if the TD Sequential sell signal holds, AAVE could undergo a significant correction falling to around $264. However, in the presence of overwhelming selling pressure, the L2 token could be headed for $203, indicating a possible 29.5% decline from AAVE’s current price. Interestingly, this bearish prediction is backed by other indicators. Firstly, Relative Strength Index indicator has a value of 62.57 indicating that AAVE is still far from the oversold zone and may experience further decline in the coming weeks. Furthermore, the asset’s 100-day simple average is also far below the current price which can be interpreted as another bearish signal. Clearly, there’s much need to apply caution in engaging the present market. At press time, AAVE trades at $290.04 after a slight 2.48% gain in the last 24 hours. However, its daily trading volume has dipped by 48.99% which may potentially indicate that selling pressure is beginning to ease up. Related Reading: Altcoins Surge As Crypto Market Kicks Off 2025 On A High Note Aave Set To Launch V4 Despite the ongoing price struggle, the Aave protocol continues to record positive development. Most recently, NewsBTC reported that Aave registered $35 billion in total net deposits, representing an all-time high value since 2021. In addition to this, the DeFi protocol is preparing to launch its V4 network upgrade that is expected to introduce advanced risk tools and unified liquidity among other benefits. According to data from DeFiilama, AAVE continues to rank as the second largest DeFi protocol with a Total Value Locked (TVL) of $20.4 billion. The decentralized lending platform falls only behind liquid staking protocol Lido Finance which boasts of a TVL of $31.60 billion. Featured image from iStock, Chart from Tradingview
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.
Leading decentralized finance (DeFi) platform Aave has reached a significant milestone, hitting $35 billion in total net deposits. This marks Aave’s new all-time high (ATH) in net deposits since 2021. Aave Hits $35 Billion In Net Deposits – What’s Ahead? In an announcement made yesterday, the leading DeFi lending protocol Aave revealed that it had reached a new ATH in net deposits since 2021. With $35 billion in net deposits, Aave has solidified its position as the largest DeFi protocol at the time of writing. Related Reading: AAVE Price Soars 26% In A Single Week — Will Rising FOMO Lead To A Bust? To put this into perspective, Aave’s net deposits were $5.5 billion at the end of 2022, increasing to $10 billion by the close of 2023. The current figure of $35 billion at the end of 2024 reflects an astounding surge of over 535% in just two years. The year 2024 proved to be transformative for Aave, with the protocol experiencing heightened user adoption across multiple blockchains. Throughout the year, Aave added support for five new markets, including BNB Chain, Scroll, ZKsync Era, and Ether.fi. According to the announcement, Aave is poised to expand further by potentially adding support for six additional blockchains. These include Mantle, Sonic, Linea, BOB, Spider Chain, and Aptos, pending approval by the Aave decentralized autonomous organization (DAO). For the uninitiated, a DAO is a blockchain-based entity governed by smart contracts and decentralized voting, where decisions are made collectively by token holders without any central authority. DAOs enable transparent, democratic management of protocols in a trustless environment. In addition to expanding to new blockchain markets, Aave launched its latest protocol upgrade, Aave V4. This upgrade introduces significant improvements, such as enhanced modularity, reduced governance overhead, optimized capital efficiency, and innovative features like the Hub and Spoke liquidity architecture. Moreover, Aave’s decentralized, overcollateralized stablecoin GHO is set to witness increased adoption. Plans are in motion to expand its cross-chain support across various smart contract platforms, including Coinbase’s Base and Avalanche (AVAX), by early 2025. DeFi To Make A Comeback In 2025? Following Donald Trump’s victory in the November 2024 U.S. presidential election, DeFi tokens have experienced a significant surge, driven by optimism surrounding favorable cryptocurrency regulations under the new administration. Related Reading: Chainlink And AAVE Surge After Trump’s Crypto Project Invests In Both Additionally, DeFi protocols have become increasingly secure, fostering greater user trust and leading to higher deposit volumes and a larger total value locked (TVL). A recent report highlighted that DeFi exploits decreased by 40% in 2024 compared to 2023, signaling improved security across the ecosystem. In addition, Q1 2025 is expected to be bullish for Ethereum (ETH), the second-largest cryptocurrency by market cap, and home to the largest DeFi ecosystem. A positive price action for ETH is expected to benefit major DeFi tokens such as AAVE, Curve (CRV), Compound (COMP), and others. That said, the Solana (SOL) DeFi ecosystem is rapidly gaining traction and catching up with Ethereum in terms of adoption. This development could propel Solana-based DeFi tokens, such as Orca (ORCA) and Raydium (RAY), to reach new highs. At press time, ETH is trading at $3,461, up 4% in the past 24 hours. Featured image from Unsplash, chart from Tradingview.com
The lending platform also introduced Aave v4 in 2024, while its GHO stablecoin expanded to multiple blockchain networks.
Most traders expect Bitcoin price to hit new highs throughout 2025, and charts suggest ETH, SOL, SUI and AAVE could be the top-performing altcoins this year.
A bearish chart pattern could send Bitcoin price to $76,000. What will BNB, AAVE, XMR and VIRTUAL do in the meantime?