Story Highlights
- AAVE price could surge to a maximum of $264.81 by the end of 2024.
- Aave with a potential surge could go as high as $812.56 by the end of 2030.
- The live price of AAVE token is $ 132.94889434.
The year 2021 had been a game-changer for the broader crypto space. And tokens from Defi space had made most of the bull season of the year. One such crypto asset which made virtues with price gains was Aave (AAVE).
With the current year 2023, the market is expected to be very stable. As the year began with a stable rise in the chart, much can be expected from crypto this year. Investors are being patient as the market gains back its strength. yet to ignite a bull run, certain sections of marketers are still betting on AAVE.
The fundamental strengths of the protocol such as borrowing, lending, staking, liquidity pools, and flash loans. Still hold significant prominence in the industry, which could help the digital asset munch higher candles.
Are you one of the many, who are considering Aave Price Prediction? Then look no further as this write-up decodes the possible price forecast for 2024 and the years to come!
Table of contents
Overview
| Cryptocurrency | Aave |
| Token | AAVE |
| Price | $ 132.94889434
5.31% |
| Market cap | $ 1,961,886,641.2286 |
| Circulating Supply | 14,756,697.6840 |
| Trading Supply | $ 250,262,220.4878 |
| All-time high | $666.86 on 19th May 2021 |
| All-time low | No Data |
| 24 High | $ 138.1300 |
| 24 Low | $ 125.8000 |
AAVE Crypto Price Prediction March 2024
The AAVE price traded in a closed range between $89.58 and $99.45 for a brief period, indicating a weak price action for the coin in the market. As the market volatility grew, the bulls regained momentum and successfully broke out of the range where the price traded sideways for the next seven days.
Following this, the price recorded a jump of over 10% in valuation, after which the price faced rejection at $119.08, resulting in the price displaying a neutral trend. As the bears regained momentum, the AAVE token recorded a loss of approximately 16.5%. After testing it low of $99.45, the altcoin is constantly trading under a bullish influence and recorded a jump of 32.73% in valuation.
The technical indicator, MACD, displays a constant green histogram, indicating an increased buying pressure in the crypto industry. Further, the averages show a rising pattern, suggesting the price will continue gaining value in the coming time.
If the market pushes the price above the resistance level of $137, the AAVE price will continue to rise and prepare to test its upper resistance level of $155. Conversely, a bearish trend reversal may pull the price toward its low of $119 in the coming time.
AAVE Price Prediction 2024
The ecosystem could further thrive if the necessary impetus is given to its hold on dApps, Defis, and DAOs. As these sectors could possibly ignite a bullish run, which has been long due. In such a case, the price of AAVE might hit a maximum of $264.81.
On the downside, emerging rivals and depleting stance of the network could sink the price to a minimum of $106.98. Constrained by the linear momentum, the average price could settle at $185.89.
Aave Price Prediction 2024 – 2030
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | 106.98 | 185.89 | 264.81 |
| 2025 | 195.11 | 259.63 | 324.16 |
| 2026 | 267.26 | 357.74 | 448.23 |
| 2027 | 334.65 | 430.49 | 526.34 |
| 2028 | 406.58 | 511.86 | 617.15 |
| 2029 | 498.69 | 599.74 | 700.79 |
| 2030 | 609.74 | 711.15 | 812.56 |
Aave (AAVE) Price Prediction 2025
As the crypto industry continues to evolve in the future, it may experience growth in the adoption curve and face regulatory restrictions at the same time. However, if it manages to resist the challenges and continues to rise, then AAVE’s price would hit a maximum of $324.16 by the end of 2025.
However, the asset would plummet to a bottom of $195.11 if bears predominate the space. Successively, factoring in the bullish and bearish targets the average price could be at $259.63.
Aave Price Prediction 2026
According to forecast prices and technical analysis, Aave’s price is projected to reach a minimum of $267.26 in 2026. The maximum price could hit $448.23, with an average trading price around $357.74.
Aave Price Prediction 2027
Looking forward to 2027, AAVE’s price is expected to reach a low of $334.65, with a high of $526.34 and an average forecast price of $430.49.
Aave Price Prediction 2028
In 2028, the price of a single AAVE is anticipated to reach a minimum of $406.58, with a maximum of $617.15 and an average price of $511.86.
Aave Price Prediction 2029
By 2029, Aave’s price is predicted to reach a minimum of $498.69, with the potential to hit a maximum of $700.79 and an average of $599.74.
Aave Price Prediction 2030
In 2030, AAVE is predicted to touch its lowest price at $609.74, hitting a high of $812.56 and an average price of $711.15.
Market Analysis
| Firm Name | 2024 | 2025 | 2030 |
| Wallet Investor | $92.49 | $105.61 | – |
| priceprediction.net | $180.94 | $260.35 | $1,787 |
| DigitalCoinPrice | $279.50 | $341.86 | $981.76 |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
Fundamental Analysis
AAVE was previously known as ETHLend and was launched in November 2017 by Stani Kulechov. However, the rebranding of the platform was done a year later in September 2018. DeFi was not so popular at the time of AAVE’s launch. Realizing the scarcity of lending platforms on the ETH blockchain, the founder came up with this project.
The founder of the platform accumulated a vast knowledge of programming when he was young. He was an early entrant to the blockchain space. In order to make capable of AAVE enabling a broad range of services, he rebranded ETHLend to AAVE. The central goal of the platform is to target the audience who are already occupied in the cryptocurrency space.
Furthermore, the Initial Coin Offering (ICO) was completed in November 2017 where it managed to raise $16.2 million in funds. Whilst in September 2018, the platform was rebranded from ETHLend to AAVE. The mainnet launch was completed in January 2020.
What Is AAVE?
AAVE is an open-source decentralized and non-custodial liquidity token that thrives to facilitate users to lend and borrow cryptocurrencies. Lenders can earn a substantial interest in depositing assets into specifically established liquidity pools. However, Borrowers can subsequently avail of crypto as collateral to acquire a flash loan through this liquidity.
The AAVE protocol is open-source and enables interaction with a user interface client. Or establishing communication with the smart contracts on the Ethereum blockchain. However, the interaction cost relies on the transaction’s intricacy and network status. Another fascinating feature of the platform is Flash loans. This allows traders to buy any convenient amount of assets without putting up any collateral.
The AAVE platform has its own native governance token AAVE. The token could be utilized to vote and determine the product of Aave Improvement Proposals(AIPs) and further upgrades. In addition, AAVE could be staked to earn rewards and fees from the protocol. It can be staked within the protocol Safety Module to facilitate security or insurance to the lenders.
Historic Market Sentiments 2020 – 2022
- Though Initial Coin Offering (ICO) was done in November 2017, the protocol went live on the main net in January 2020. Interestingly, starting from the initial days, AAVE price has thrived to exhibit a sort of volatility. However, with certain fluctuations, the asset plummeted to the bottom support from $42 to $28 by the year’s end.
- In the first two months, the asset underwent two supercycles where it surged by over 500%. After clinching an ATH of $666.86 on 5th May, the asset woefully fell prey to a Chinese financial crisis.
- With continued bearish dominance the AAVE price tumbled to the bottom support of $180.86 by late June. The second bull session of the asset was triggered in July. With consecutive supercycles, the asset managed to hit an upper resistance of $415 in August. The asset almost fell by 50% from $325 to the low of $175 by mid-December, posing a rebound the year was closed at $276.9.
FAQs
Considering the fundamentals of the protocol, AAVE is a profitable investment, if considered for the long term.
The circulating supply of AAVE is 14,093,192.58 AAVE.
The price of AAVE could surge to a maximum of $264.81 by the end of 2024.
The price of the altcoin could escalate as high as $324.16 by the end of 2025. With a potential surge the price may go as high as $812.56 by the end of 2030.
AAVE is available for trade across prominent cryptocurrency exchange platforms such as Binance, Huobi Global, FTX, KuCoin, etc…
At the time of publishing, the price of one Aave crypto was $135.80.
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