- Aave price jumped sharply after Stani Kulechov hinted at a major upgrade.
- The network will introduce Aavenomics 3.0, which will revamp its growth.
- Technical analysis suggests that the token has room for more upside.
Aave price continued its recent recovery following important statements from founder Stani Kulechov. It spiked to $95.48, its highest level since May 15, and was 65% above its lowest point this month. So, will the rally continue, or is this a dead cat bounce?
Stani Kulechov Makes the Case for Aave
In a recent X post, Kulechov said that he would not allow Aave to be sold at a 70% discount. This was a reaction to rumors that Kraken was considering the company that runs the world’s biggest decentralized lending protocol.
He pointed out that 100% of Aave Protocol and GHO revenue goes to the AAVE token, which, in theory, should benefit its performance. Data shows that Aave has generated over $350 million in fees this year, down from $907 million in 2025.
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Most notably, Kulechov noted that Aave was working on Aavenomics 3.0, which will introduce a new automated, non-discretionary buyback mechanism designed to boost its price.
Meanwhile, Kulechov noted that the network was expanding to tokenized stocks, one of the fastest-growing industries, with estimated assets worth over $4.6 trillion. This new service will be introduced through its v4 product and comes at a time when gold-backed loans in the network are thriving.
Aave has gone through a rough patch in the past few months, a situation that escalated after the recent KelpDAO hack. It had to be rescued by DeFi United, a group that raised millions of dollars.
Despite the rescue, the total value locked (TVL) in the network has been in free fall, dropping from a high of $45 billion earlier this year to $12 billion. The total amount of loans has also continued to fall, while staked Aave tokens fell to $158 million.
Aave Price Prediction: Technical Analysis
The daily chart shows that the AAVE token has rebounded in the past few days, moving from a low of $57.78 in June to $95.50 today. This increase happened in a high-volume environment, with the 24-hour figure hitting $548 million.
Aave price has jumped above the 50-day Exponential Moving Average (EMA) and the Strong, Pivot, and Reverse levels of the Murrey Math Lines tool. Also, the Relative Strength Index (RSI) has continued to move upward.
Therefore, the path of least resistance is bullish ahead of the Aavenomics 3.0 launch, with the next target to watch at $125, the strong pivot and reverse level of the Murrey Math Lines tool.
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