Aave's V4 Prime Loans Hit Record High as Price Targets $110

Despite ongoing market uncertainty, Aave's (AAVE) fundamentals continue to strengthen. The DeFi protocol's lending platform has seen a significant increase in demand, with V4 Prime reaching a new record high.

This milestone suggests that both institutional and retail users are actively utilizing Aave's infrastructure, reinforcing the platform's position as an active player in the DeFi space.

As buying demand continues to grow, the $110 price level is coming into focus. However, this area could also become strong resistance, making the next technical test crucial for AAVE's future performance.

The 200-day EMA aligns with the $110 price target, but a rejection near this level may push the price back toward $90 or lower.