Aave (AAVE) has made waves in the crypto market lately, showing impressive gains amidst an uncertain backdrop. Recently, the altcoin has rallied more than 100% since late April 2025, and analysts now suggest a potential rise of around 40%. This optimism stems from a notable breakout above key resistance levels, increased whale participation, and significant exchange outflows observed in the last two days.
Transactions within the $100K to $1M range experienced a striking 360.77% increase, while the $1M to $10M segment rose by 283.33%, as reported by IntoTheBlock. Such spikes usually indicate interest from larger market players. The breakout was coincident with this surge, raising expectations for continued price strength.
As of now, AAVE's price stands slightly above $310, reflecting a 7% gain in the last 24 hours. In tandem with this, trading volume surged by 55%, signaling strong market conviction rather than fleeting excitement. Typically, a price hike accompanied by increased volume hints at significant support and investor confidence, suggesting a healthier rally.
Technical analysis indicates a bullish outlook, with AAVE having cleared a strong resistance at $290. Following an extended consolidation phase, this surge points toward possible dramatic price movements ahead. Analysts believe AAVE could see an additional 35% climb, potentially reaching $416, if it maintains momentum and holds above the $290 mark. The asset's recent trading above the 200-day Exponential Moving Average further reinforces this perspective.
On-chain analysis from CoinGlass highlights approximately $5.63 million worth of AAVE tokens flowing out of exchanges in the past two days, suggesting that accumulation is taking place. Such activities may create upward pressure on the asset’s price. Overall, bullish sentiment surrounding AAVE indicates that a push toward new highs could be imminent.
Transactions within the $100K to $1M range experienced a striking 360.77% increase, while the $1M to $10M segment rose by 283.33%, as reported by IntoTheBlock. Such spikes usually indicate interest from larger market players. The breakout was coincident with this surge, raising expectations for continued price strength.
As of now, AAVE's price stands slightly above $310, reflecting a 7% gain in the last 24 hours. In tandem with this, trading volume surged by 55%, signaling strong market conviction rather than fleeting excitement. Typically, a price hike accompanied by increased volume hints at significant support and investor confidence, suggesting a healthier rally.
Technical analysis indicates a bullish outlook, with AAVE having cleared a strong resistance at $290. Following an extended consolidation phase, this surge points toward possible dramatic price movements ahead. Analysts believe AAVE could see an additional 35% climb, potentially reaching $416, if it maintains momentum and holds above the $290 mark. The asset's recent trading above the 200-day Exponential Moving Average further reinforces this perspective.
On-chain analysis from CoinGlass highlights approximately $5.63 million worth of AAVE tokens flowing out of exchanges in the past two days, suggesting that accumulation is taking place. Such activities may create upward pressure on the asset’s price. Overall, bullish sentiment surrounding AAVE indicates that a push toward new highs could be imminent.
