AAVE token surged near the $100 mark on Monday, fueled by both a protocol milestone and bullish technical analysis. Trader Michaël van de Poppe highlighted a trend flip on AAVE’s chart, while Aave’s official X account confirmed that deposits in its new V4 iteration had surpassed $300 million.
Van de Poppe stated that AAVE had broken its prior downtrend and that moving‑average flips now signal a continuation of the uptrend. He pointed to “strong signals” across multiple timeframes, suggesting the token is “increasingly likely for a new leg upwards.” This technical view aligned with live market data: CoinMarketCap showed AAVE trading around $95.95, up 7.43% in 24 hours, with a trading volume of $236.87 million.
On the fundamental side, Aave announced that V4 deposits crossed the $300 million threshold. The protocol also lifted supply and borrow caps on several assets to meet growing demand, marking an active adoption phase rather than a mere test launch. Aave’s total value locked (TVL) stood at $14.56 billion, and its fully diluted valuation (FDV) was $1.53 billion, according to CoinMarketCap. The deposit milestone reinforces the protocol’s expanding utility, which often feeds into the token’s market narrative.
With a 24‑hour volume‑to‑market‑cap ratio above 16% and a liquidity‑to‑market‑cap of 0.84%, AAVE displayed active trading interest despite thin liquidity cushions. The convergence of rising usage on Aave V4 and a chart‑based bullish call has kept AAVE among the top DeFi watchlists.
