Aave (AAVE) Price Prediction: 2024, 2025, 2026

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 that made virtues with price gains was Aave (AAVE). 

2024 has started on a bullish note, indicating a positive outlook for the crypto market in the coming time. 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!

Overview

Cryptocurrency	Aave
Token	AAVE
Price	$ 151.00730809 7.41%
Market cap	$ 2,257,538,304.7066
Circulating Supply	14,949,861.2570
Trading Supply	$ 382,348,436.7914
All-time high	$666.86 on 19th May 2021
All-time low	No Data
24 High	Coming soon
24 Low	Coming Soon

AAVE Crypto Price Prediction October 2024

Amid increased price volatility, the AAVE price has plunged 11.41% over the past week. Furthermore, with a price tag of $148.32, and has recorded a 24-hour trading volume of $351.703 million.

A bullish price action could push the AAVE coin price toward its high of $180. However, in case of bearish action, this altcoin could retest its important support level of $118.40.

AAVE Price Prediction 2024

The ecosystem can thrive if the impetus is given to its hold on dApps, Defis, and DAOs. 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 $194.81. 

On the downside, emerging rivals and the depleting stance of the network could sink the price to a minimum of $66.98. Constrained by the linear momentum, the average price could settle at $130.89. 

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 will hit a maximum of $284.16 by the end of 2025. 

However, the asset would plummet to a bottom of $105.11 if bears predominate the space. Successively, factoring in the bullish and bearish targets the average price could be at $159.63.

Aave Price Prediction 2026 – 2030

Aave Price Prediction 2026

According to forecast prices and technical analysis, Aave’s price may reach a minimum of $267.26 in 2026. The maximum price could hit $408.23, with an average trading price around $357.74.

Aave Crypto Price Prediction 2027

Looking forward to 2027, AAVE’s price may 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 may reach a minimum of $406.58, with a maximum of $617.15 and an average price of $511.86.

Aave Coin Price Prediction 2029

By 2029, Aave’s price may 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, the AAVE token may touch its lowest price at $609.74, hitting a high of $812.56 and an average price of $711.15.

Market Analysis

*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. To make it 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. 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 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) in November 2017, the protocol went live on the main net in January 2020. Interestingly, starting from the initial days, AAVE price has thrived in massive 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 fell by 50% from $325 to the low of $175 by mid-December but concluded the year with a price tag of $276.9.

FAQs

AAVE

BINANCE