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Aave surges 65.7% past $130 zone as V4 deposits hit $800M, signaling strong DeFi demand.

Protocol Fundamentals
28 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

Aave's price jumped from $87.54 to $145.09 in under five days, breaking through the $130 resistance zone active since February 2026. This rally was supported by Bitcoin's momentum and a significant increase in Aave V4 deposits, which surpassed $800 million, alongside active loans exceeding $216 million, indicating strong market confidence and real borrowing demand. Although Aave's price pulled back slightly to $124, the former $120-$130 supply zone now acts as support, suggesting a potential buying opportunity if this level holds. Traders should watch the $120 zone closely, as a drop below $112 could signal a deeper pullback to $76-$91.

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