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AAVE Soars 95% in 30 Days as Supply Shrinks and Whale Activity Surges

  • AAVE's price surges 95% in May 2025, reaching a multi-month high above $260, driven by declining exchange supply and increased whale accumulation.
  • Total value locked (TVL) on Aave surged 35% in the past month to $24.4 billion, making it the largest DeFi protocol by TVL, supported by increased lending activity and profitability.
  • Technical indicators suggest AAVE may reach $400 soon, with the token already surpassing its 50-day EMA and clearing the $255 resistance zone, marking a strong bullish foundation.
  • Analysts forecast AAVE could challenge the next key resistance at $400, representing an 83% gain from current levels, while a drop below the $250 support zone could signal a potential retracement.

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