AAVE price surges, consolidating its position as the largest lending protocol, with a market value of over $5.5 billion!
AAVE continues to rise strongly, further consolidating its dominance as the largest lending protocol in the cryptocurrency field, with a market value that has surpassed the sum of the other ten largest lending protocols, and its performance is amazing!
Driven by strong bullish momentum and rising market interest, AAVE has soared 220% this year and 110% in the past 30 days. If the current positive momentum continues, AAVE is expected to challenge the key price of $400, which will set a new high since 2021!
Especially with the strong support of the golden cross pattern on December 23 and the EMA line, only another 7.5% increase is needed to break through this milestone, which means that the upward trend is very likely to continue.
The perfect consistency of this technical indicator shows the strong bullish sentiment in the market. If the trend remains stable, the price of AAVE is expected to continue to rise, and the momentum of buyers pushing up prices cannot be underestimated!
