Aave Surges Past $370: What’s Fuelling the Rally?
By Vishakha Thakur
Aave, the popular decentralized exchange’s native token with a market cap of $5.68 billion, has surged past the $370 mark, gaining approximately 48% in just 24 hours. This milestone, the first since 2021, has delivered impressive returns for active traders, with 30-day and
365-day gains of 96% and 290%, respectively.
Institutional activity is a key driver of Aave’s rally. President-elect Donald Trump’s DeFi project, World Liberty Financial, has invested $1 million in AAVE tokens, demonstrating confidence in the asset’s growth. The Trump-backed initiative also acquired 2,631 ETH and 41,335 LINK, reinforcing its commitment to the DeFi space.
According to on-chain analytics platform Santiment, this surge is closely tied to a significant drop in the “Mean Dollar Invested Age,” indicating that previously dormant tokens are now actively circulating, adding to the bullish momentum.
Meanwhile, Blockchain Capital, an early investor in Aave, deposited 16,964 AAVE tokens worth $5.06 mn to FalconX after two years of inactivity. This firm, which acquired 233,256 AAVE at an average price of $82.9, still holds a massive 216,292 tokens valued at nearly $79 mn, signalling re-engagement from significant stakeholders.
Technical developments further support Aave’s bullish trend. The token benefits from its collaboration with Balancer, which recently launched its V3 upgrade, introducing enhanced liquidity pools and advanced trading tools. This integration creates 100% boosted pools, driving liquidity and trading volume.
Additionally, Aave’s upcoming launch on Linea, ConsenSys’ zk-rollup network, promises to improve scalability and reduce transaction fees, encouraging greater adoption and usage.
Aave’s resurgence combines institutional confidence, whale reactivation, and strategic ecosystem upgrades, positioning it strongly for sustained growth.
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