Aave Price Surges Amid Strong Technical Momentum and New Liquidity Inflows
Aave's price has surged by 17.73% to $122.19 amid strong technical momentum and new liquidity inflows.
The asset has established itself above its short-, medium-, and long-term moving averages, indicating firm upward momentum.
Notably, EtherFi's Aave V4 deployment exceeded $100 million in deposits within its first week, demonstrating robust user participation and a significant influx of new liquidity.
However, the protocol still faces concentrated risks, with around half of its total debt remaining highly concentrated in a small number of positions.