AAVE Poised for Next Adoption Curve Amid Bearish Trend
Stani Kulechov, founder of AAVE, has been building his protocol for over a decade despite being skeptical about DeFi. His persistence has paid off with nearly $150 million in net revenue and processing hundreds of millions in transparent liquidations during the last crypto market crash.
Michaël van de Poppe notes that AAVE is now ready for the next adoption curve as institutions eye on-chain finance rails. This comes at a time when price action shows AAVE at $87.58, pressing the lower Bollinger band near $88.21 support while EMA50 at $90.99 and EMA200 at $91.91 act as stacked resistance.
The MACD death cross at -0.52 reinforces the bearish trend structure, but RSI at 31.05 leaves room for a relief bounce before any sustained move higher. Kulechov's decade-long commitment to AAVE has positioned it well for future growth and adoption.