🚀 $AAVE Price Surges, Targets ATH as Active Addresses Rise 📈🔥

📊 AAVE has soared 420% since April, approaching the key resistance at $400. Its market cap now stands at $5.6 billion, ranking it the 27th largest coin. This rally accelerated after Donald Trump’s WLFI selected AAVE as a service provider and bought 6,137 tokens worth $2.28M, boosting investor confidence.

💰 TVL Hits Record High: The total value locked (TVL) in AAVE’s ecosystem surged to $23.2 billion, up from $7.53 billion YTD, with TVL in ETH terms reaching 5.8 million ETH. This growth highlights rising activity in AAVE’s DeFi ecosystem.

📈 Active Addresses Spike: Investor FOMO is driving activity. Data from IntoTheBlock shows AAVE addresses with a balance rose to 166K, up from July’s low of 160K. Large transactions also spiked to 828 on December 16, signaling bullish sentiment.

⚡ Technical Analysis: AAVE recently broke above critical resistance at $300 and now faces resistance at $375. If the price clears the next major hurdle at $460, it could rally to its all-time high of $667—an 80% surge from current levels.

📉 Key Levels:

Bullish View: Confirmed if AAVE breaks above $460.

Bearish Risk: A drop below $250 invalidates the bullish outlook.

🔥 With strong fundamentals, rising TVL, and growing investor activity, AAVE’s push toward a new ATH looks increasingly likely. 🚀📊