- AAVE trades at $272.82 (+3.7% daily), nearing $270 resistance; breakout eyes $285–$300 with RSI bullish.
- Aave’s TVL hits $24.89B, fueled by yield demand and GENIUS Bill’s DeFi-friendly regulations.
Aave (AAVE) is currently trading at $272.82, marking a +6.7% increase in the last 24 hours, and a notable +21.3% gain over the past 7 days.
The crypto has delivered an impressive +62.5% return over the past 30 days and an exceptional +170.8% growth year-over-year, positioning it as one of the top-performing DeFi blue chips in 2025.
Aave’s market cap is now $4.05 billion, with a 24-hour trading volume of $676.8 million, reflecting strong institutional and retail participation.
Technically, AAVE is approaching key resistance at $270, after breaking through the consolidation range between $245–$260. If AAVE maintains momentum above $270, bullish targets lie in the $285–$300 range.
Support is established near $252, which served as a strong demand zone during prior pullbacks. Technical indicators remain bullish, with moving averages aligned positively and RSI suggesting more upside potential.
On the fundamental side, Aave has seen a resurgence in usage and investor confidence following renewed interest in decentralized lending protocols. Its Total Value Locked (TVL) has reached $24.89 billion, making it the most capitalized DeFi lending platform. This is partially driven by yield-seeking behavior in a tightening credit environment, and Aave’s reputation for security and flexibility.
A key catalyst this week was the GENIUS Stablecoin Bill passed by the U.S. Senate, which has sent positive ripples across the DeFi sector. AAVE rallied more than 20% intraday immediately following the news. In addition, Aave continues to expand across multiple chains and has integrated with key DeFi partners such as Curve, Synthetix, and 1inch to broaden its ecosystem utility.
The post AAVE’s Bullish Breakout: How the GENIUS Stablecoin Bill Ignited a 170% YTD Rally appeared first on ETHNews.
