To dive deeper, check out the complete article from original source:
https://droomdroom.com/aave-price-prediction/
AAVE has been on a bullish trajectory, breaking past $166, and is projected to reach $412 by the peak of the next alt season in early to mid-2026. With continued momentum, AAVE could surpass $1000 by 2030.
AAVE is a leading decentralized finance (DeFi) protocol, allowing users to lend, borrow, and stake various assets, including ETH and Wrapped Bitcoin. The platform boasts a total value locked (TVL) of $13 billion, making it the second-largest staking protocol. AAVE generates approximately $50 million in annual revenue, ensuring its long-term viability.
Technical indicators suggest a strong bullish outlook, with the Relative Strength Index (RSI) at 68, indicating potential further gains. If AAVE crosses $240 by the end of 2024, it will complete a rounding bottom pattern, paving the way for its rise to $412 by 2025.
Predictions indicate AAVE might see fluctuations, potentially dropping to around $500 in 2027 before gaining momentum again, with estimates of reaching $666 by 2028 and possibly $800 in 2029.
Overall, AAVE’s long-term forecast places it at $1000, with potential to reach $1250 by 2030, driven by strong fundamentals and market growth. 📈💰
