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Aave plans token burns amid $3B revenue milestone and $4.26M whale buy, eyeing $180 price target.

Protocol Fundamentals
30 Sep 2026
AMBCrypto
View Source
Bullish
Aave plans token burns amid $3B revenue milestone and $4.26M whale buy, eyeing $180 price target.

Aave is considering burning AAVE tokens acquired through its buyback program after reaching $3 billion in cumulative revenue, aiming to permanently reduce token supply. Meanwhile, large investors bought $4.26 million worth of AAVE, adding direct market demand alongside protocol purchases. Despite this, exchange reserves grew by 6.26%, suggesting potential selling pressure. Technically, AAVE faces resistance at $165.98 but could rise to $180 if it breaks this level and holds support.

Aave's market cap stands at Rp43.79 trillion as of Oct 01, 2026 03:26 WIB, with a 24-hour trading volume of Rp9.02 trillion on Pluang. Despite the news of potential token burns and large investor purchases, AAVE's price is down 4.63% at Rp2,837,252, while Pluang order activity shows a slight buying bias at 55%. Typical hold time on Pluang is 105 days, indicating moderate investor patience amid current volatility.

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