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Crypto

Aave V4 Deposits Soar Past $1 Billion

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AAVE
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Aave V4 has seen a significant surge in deposits, reaching over $1 billion and doubling its total within the past month.

This rapid growth has amplified on-chain activity and increased demand for AAVE, driving protocol utilization higher.

The price of AAVE/USD currently trades above key moving averages, with momentum signals indicating a robust bullish trend.

Looking ahead, the projected trading range for AAVE/USD is $145.57 to $158.99 over the next 2-3 sessions, with upward movement remaining the most probable scenario in the near term.

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