Aave Token Surges Above $165 Amid Equities Hub Launch

The Aave token surged more than 10% to reach $166.58 on September 29, 2026, propelling its market capitalization to approximately $2.62 billion.

The price gain extends the asset's cumulative seven-day increase to 18.1%, with a daily trading volume of $713.79 million over the last 24 hours, according to CoinGecko data for September 29.

This bullish performance is attributed to the operational launch of Equities Hub via the rollout of Aave V4 on the Layer-2 network Base, allowing non-U.S. residents to utilize tokenized shares of traditional corporations as loan collateral.