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AERO jumps 17% on merger news and rising revenue, eyeing $1.30 resistance

Protocol Fundamentals
11 Oct 2026
AMBCrypto
View Source
Bullish
AERO jumps 17% on merger news and rising revenue, eyeing $1.30 resistance

Aerodrome Finance (AERO) surged 17.01% to $0.942 following the announcement of a planned merger with Velodrome, set for October 21, 2026. The merger could expand the protocol's market and improve tokenomics, fueling investor optimism. Trading volume nearly tripled, and September revenue hit a yearly high of $7.92 million, narrowing the gap with token incentives. Holding above $0.93 is crucial for AERO to sustain momentum toward the next resistance level near $1.30, though profit-taking could cause short-term pullbacks.

Aerodrome Finance (AERO) holds a market cap of Rp17.01 trillion and a 24-hour trading volume of Rp2.02 trillion on Pluang as of October 12, 2026, 03:11 WIB. Despite the article's report of a 17.01% surge, AERO's price on Pluang shows a more modest 0.97% increase, trading at Rp16,739. The platform data also reveals a higher sell activity at 66%, with typical holders keeping their tokens for about 21 days, indicating cautious investor behavior amid merger optimism.

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