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AAVE Targets $394, Ethena Hits New Highs, and BlockDAG Gains Attention

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by Giorgi Kostiuk

10 hours ago


Currently, three crypto projects — AAVE, Ethena, and BlockDAG — are showcasing active growth and significant attention from users and traders.

AAVE Price Target Hits $394

AAVE continues to gain traction with a new price target of $394. Currently, the token's price is around $320. AAVE became the first decentralized application to reach $51 billion in Total Value Locked (TVL), which demonstrates high user confidence in the platform.

Over the past year, AAVE generated $105 million in revenue and $605 million in user fees. Today, AAVE holds 17.9% of the DeFi market.

Ethena (ENA) Breaks 30-Day High

Ethena (ENA) is showing active growth, hitting the highest level seen in the past 30 days. Last week, spot market inflows reached $3.37 million, the highest since May 12. This reflects increased interest in ENA.

Spot inflows often lead to price movements, and this case is no exception. The futures volume increased by 8% in the past 24 hours, reaching $425 million.

BlockDAG’s Daily Buyer Battles Offer New Opportunities

BlockDAG is running its coin sales in a competitive format. Each day, 50 million BDAG coins are available, and if not all are sold, the largest buyer receives the remaining amount for free.

To date, this high activity has raised $344 million and sold 24 billion coins across 29 batches. The project has also launched the X1 Miner App, which enables users to mine directly from their phones.

The AAVE, Ethena, and BlockDAG projects continue to show strong results and attract attention in the crypto market. AAVE reaches new heights, Ethena is on an upward trend, and BlockDAG offers innovative solutions in mining and funding, creating significant potential for future successes.

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