Aave V4 Deposits Surge Past $1B as Token Tests Key Resistance Zone

The Aave native token has shown early signs of recovery after a sustained decline. According to crypto analysts, the critical support area for AAVE is between $121 and $122.

Recently, AAVE tested a key resistance zone between $136 and $145. If it can close decisively above $145, the bullish momentum could extend to the $180-$190 area.

Aave V4 deposits have surpassed $1 billion, marking a new all-time high for the platform. This growth coincides with heightened activity on the Aave V4 protocol upgrade.

Traders are now watching two central factors: the price reaction at the $145 resistance and the continuation of protocol growth on V4.