Aave Shatters Supply Zone with 65.7% Price Surge
Aave's price has surged by 65.7% in just five days, breaking above the $130-supply zone that had been holding since February 2026.
This impressive rally was fueled by Bitcoin's gains and a significant increase in V4 deposits, which crossed $500 million on August 19th and reached $800 million at press time.
The DeFi token's price peaked at $145.09, but has since pulled back to around $124, prompting some traders to watch the $120-zone closely.
According to charts, this area was previously a supply zone, but now appears to have been flipped to support, with steady buying pressure and momentum still bullish.