Aave Price AAVE

#48

$112.79

-2.52%

Buy Now

Price Information

1 Year Change

-53.36%

All Time High

$666.03 -83.07%

Volume 24h

0.3 B $ -39.91%

Market Cap

1.7 B $ -2.52%

Buy Now

Price Alert

Create a price alert and never miss the best entry time again

Set Price Alert

About Aave

AAVE Price Pulse: What’s Moving It?

AAVE, currently priced at $114.07, has experienced a positive 24-hour change of 1.38%, reflecting mild upward momentum in the market. With a market capitalization of approximately $1.72 billion, Aave remains one of the leading decentralized finance (DeFi) platforms offering lending and borrowing services.

The recent price movement can be attributed to growing investor interest in DeFi protocols as they showcase utility and increasing adoption. Market sentiment is also influenced by broader crypto trends where a stable or recovering market boosts confidence in assets like AAVE. Additionally, technical factors such as support levels around recent price lows and resistance at key moving averages could be encouraging traders to buy the dip.

AAVE Price Catalysts: Bull Case & Bear Case

Bull Case: AAVE’s price is supported by its role as a leading DeFi platform offering innovative, decentralized lending solutions on the Ethereum blockchain. Recent upgrades and expansion to other blockchain networks enhance its usability and value proposition. Increasing adoption in the DeFi space and partnerships could drive more transaction volume and fees, positively impacting the token’s value. Furthermore, growing institutional interest in DeFi sectors may bring additional capital inflows.

Bear Case: Despite the promising outlook, AAVE faces risks from overall market volatility and competition from other DeFi protocols. Regulatory uncertainties around cryptocurrencies and decentralized finance platforms can create headwinds. Technical price resistance levels or a broader market downturn could stall or reverse the current gains. Additionally, smart contract vulnerabilities or changes in liquidity dynamics can negatively affect investor confidence.

Frequently asked questions

Why is Aave going up right now?

Aave’s price is increasing due to growing optimism around decentralized finance, favorable technical indicators supporting a price rise, and renewed investor interest driven by recent platform developments and broader crypto market trends.

What is AAVE used for?

AAVE is the native token for the Aave protocol, primarily used for governance, staking to secure the network, and to enable borrowing and lending activities within its decentralized finance platform.

Is AAVE a good long-term investment?

AAVE’s potential as a long-term investment depends on the growth of the DeFi ecosystem, regulatory environment, and continued innovation. Investors should assess these factors along with market conditions before making decisions.

What affects AAVE’s market capitalization?

AAVE’s market cap is affected by its token price and circulating supply, which in turn are influenced by market demand, adoption rates, overall crypto market trends, and project developments.

How does the 24h price change affect retail investors?

The 24-hour price change reflects short-term market sentiment and volatility, helping retail investors gauge recent momentum and make informed buy or sell decisions based on current trends.

Where can I buy or trade AAVE?

AAVE can be purchased or traded on major cryptocurrency exchanges such as Binance, Coinbase, Kraken, and decentralized platforms supporting the Ethereum blockchain.

Popular Aave Exchanges

View All

Crypto.com is a global cryptocurrency platform that lets users buy, sell, and trade digital assets. It offers a secure wallet, a crypto-backed Visa card, staking, DeFi services, and various financial products designed to make crypto accessible for everyday use.

Rating:

2.9

Reviews:

Wirex is a digital payments platform that bridges crypto and traditional finance, letting users buy, hold, and spend both fiat and digital currencies with a single card.

eToro is a multi asset social trading platform. Its standout feature is copy trading, letting you mimic successful investors. User-friendly and regulated, it’s great for both beginners and experienced traders.

Rating:

3.2

Reviews:

Neverless is a new crypto trading platform created by former Revolut executives. It’s fully regulated in Europe and aims to make crypto more accessible by offering commission-free trading, competitive pricing, and support for over 700 cryptocurrencies. Users can also earn high yields on their assets and quickly buy crypto using Apple Pay or Google Pay.

KuCoin is one of the world's top ten largest cryptocurrency exchanges, allowing you to buy, sell, and trade 700+ crypto assets.

Bitget, founded in 2018 during a crypto downturn, is a global exchange focused on user-centric innovation. With roots in traditional finance, its team saw blockchain’s potential early on. Today, Bitget aims to make crypto trading more accessible while promoting long-term industry growth.

Cryptomus offers a secure, user-friendly platform for buying, selling, and managing crypto, with P2P trading, staking (up to 20% APR), and mobile access for seamless transactions.

Rating:

4.9

Reviews:

Bitpanda is a European neobroker on a mission to democratize the complex world of investing. With low fees, 24/7 trading and real-time settlement, Bitpanda empowers users to shape their financial futures - on their own terms.

Rating:

2.8

Reviews:

Kraken.com is one of the world’s largest and longest-standing cryptocurrency broker trading platforms. Founded in 2011 and headquartered in the U.S., it provides users with access to a wide range of digital assets such as Bitcoin, Ethereum, and many altcoins.

Rating:

3.9

Reviews:

Coinbase is a digital asset broker headquartered in San Francisco, offering exchanges of Bitcoin, Ethereum, and other crypto assets in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.

Rating:

3.5

Reviews: