{"id":38263,"date":"2024-09-23T12:59:09","date_gmt":"2024-09-23T12:59:09","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/aave-price-surges-to-2-year-high\/"},"modified":"2024-09-23T12:59:09","modified_gmt":"2024-09-23T12:59:09","slug":"aave-price-surges-to-2-year-high","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/aave-price-surges-to-2-year-high\/","title":{"rendered":"AAVE price surges to 2-year high"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/AAVE-Logo-2-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/AAVE-Logo-2-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/AAVE-Logo-2-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/AAVE-Logo-2-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>AAVE price reached highs of $173 on Monday, its highest level since April 2022.<\/li>\n<li>TVL has also recovered as the decentralised finance protocol witnessed bullish sentiment.<\/li>\n<\/ul>\n<p>DeFi protocol Aave (AAVE) has seen the price of its native token surge to highs last seen in April 2022.<\/p>\n<p>The surge to above $173 represents Aave\u2019s highest price level since the coin traded at around $176 on April 28, 2022.<\/p>\n<p>For AAVE, it was a sharp downturn after bulls reached the all-time high above $670 in May 2021, before a massive accumulation phase for nearly two and half years.<\/p>\n<figure id=\"attachment_231983\" aria-describedby=\"caption-attachment-231983\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-231983 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/09\/aave-usd-weekly-chart.png\" alt=\"\" width=\"1057\" height=\"545\"\/><figcaption id=\"caption-attachment-231983\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/AAVEUSD\/\" target=\"_blank\" rel=\"noopener\">AAVE\/USD weekly chart. Source: TradingView<\/a><\/figcaption><\/figure>\n<p>Aave now looks poised above the horizontal line that has constrained buyers for this long.<\/p>\n<p>Part of <a href=\"https:\/\/coinjournal.net\/news\/ftm-aave-tao-see-double-digit-gains-as-bitcoin-retests-57k\/\">this recovery<\/a> comes as the broader crypto market eyes an upward run, led by Bitcoin\u2019s flip above $60k and the rally that includes retesting of bear resolve above $64,800. According to CoinGecko data, AAVE\/USD has jumped more than 172% in the past year, including an uptick of over 23% in the past week.<\/p>\n<p>These gains have come as AAVE\u2019s total value locked recovered since the decline to $5.7 billion in January 2023. In a year where the decentralised finance market has benefited from an overall recovery amid greater lending and borrowing, DeFiLlama <a href=\"https:\/\/defillama.com\/protocol\/aave#information\" target=\"_blank\" rel=\"noopener\">shows<\/a> Aave\u2019s TVL has touched $22.1 billion.<\/p>\n<p>Most of the value is on Aave V3, which has seen a lot of key integrations across the market. Total TVL for the network stood around $20.5 billion.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/aave-price-surges-to-2-year-high\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) AAVE price reached highs of $173 on Monday, its highest level since April 2022. TVL has also recovered as the decentralised finance protocol witnessed bullish sentiment. DeFi protocol Aave (AAVE) has seen the price of its native token surge to highs [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":38264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/38263"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=38263"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/38263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/38264"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=38263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=38263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=38263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}