AAVE, the governance token of the Aave Protocol, continues to strengthen its position in DeFi by offering new opportunities for users.
Key Indicators of AAVE
Currently, AAVE is priced at $318.16 USD, experiencing a 1.25% intraday decline while gaining 15.77% over the past week. The token holds a market capitalization of $4.83 billion, ranking 40th globally. The 24-hour trading volume stands at $780.95 million.
New Rewards Program
On August 14, 2025, Aave announced a new rewards program in the Linea market in collaboration with MetaMask, offering a 2.4% APR in USDC powered by Zero-Knowledge (ZK) technology. This advancement introduces 'privacy-preserving yield farming,' merging user confidentiality with capital efficiency.
Technical Analysis of AAVE
AAVE has recently broken above the $300 resistance level, confirming a bullish structure with strong buying volume. If this trend continues, AAVE may test the $340–$355 resistance zone, while immediate support lies at $305 USD. The token's current volatility makes it appealing for margin traders.
AAVE continues to be one of the leaders in the DeFi sector, reaffirming its significance through new reward programs and strengthening its market positions.