Aave's token price fell 4% in 24 hours, failing to break the $100 resistance after reaching $101.57. Selling pressure is evident from declining Open Interest and negative Funding Rates, signaling a bearish market sentiment. The protocol plans to cut low-adoption assets and reduce chain deployments, reflecting strategic shifts. Technical indicators suggest further downside, with key support at $88; if breached, prices could fall toward $83 and $72.
Audiera's price surged 8.8% to $4.17, driven by recent partnerships with major music labels that boost its decentralized music streaming platform's profile. This rise positions Audiera as a key player in the crypto music space amid mixed altcoin mark...
Aave announced it will shut down six blockchain markets—Sonic, Scroll, zkSync, Metis, Soneium, and Aptos—and deprecate 50 low-activity asset reserves to reduce economic and technical risks. This move impacts about $98.1 million in supplied assets and...
Aave plans to shut down its operations on six blockchains—Sonic, Scroll, zkSync, Metis, Soneium, and Aptos—due to low usage and revenue, impacting about $98 million in deposits. These chains generate less than $5,000 in quarterly revenue each, far be...
Aave intends to remove $98.1 million in underused crypto reserves and close six blockchain deployments to reduce risks and maintenance costs. This move is part of a broader strategy to focus on more active markets and improve risk management ahead of...
Aave announced a proposal to retire 50 low-adoption asset reserves and 21 matured Pendle tokens, and to wind down six smaller blockchain deployments holding $12.8 million in supply and $4.1 million in debt. This move aims to reduce operational costs ...
