Aave Network Growth Spikes to July Highs: $111 on Cards?

Aave, the cryptocurrency ranked 48th on the CoinMarketCap scale, running on AAVE protocol, is seeing massive resurgence. Is a price of $111 on the horizon? Recent developments, including a new all-time high for net deposits on the Base chain, have turned market sentiment positive for Aave, solidifying its position in the DeFi landscape. The Aave (AAVE) price is only 11% from a new yearly high.

Aave, a leading DeFi protocol, achieved unprecedented growth in 2025, with net deposits soaring to $33.4 billion as per the X post thread. This milestone surpasses the highs of the 2025 bull. The price of AAVE, the governance token of leading lending protocol Aave, has surged by 15% in the past 24 hours. The price rally is attributed to the recent temperature.

What's Fueling the Aave Surge?

This has been further fueled by the launch of Aave V3.1 across all networks with active Aave V3 instances on July 31. When an asset sees a spike in its daily active usage, it often indicates growing interest and adoption. Aave may be in for price rise, per recently revealed analytics data.

The DeFi market has been in its recovery mode over the past few days. The cumulative market capitalization of all tokens from the space has risen by ~20% from its recent lows, and Aave is leading the charge. It leads other Decentralized Finance (DeFi) protocols in on-chain metrics. Can the AAVE price sustain its upward trajectory?

19 de sept. de 2025 saw impressive on-chain activity for Aave. The combination of increased deposits and a positive market sentiment creates a favorable environment for further growth.

Aave's Resurgence: On-Chain Growth and Bullish Sentiment

In summary, AAVE’s resurgence is powered by a potent mix of on-chain growth, user activity, and bullish sentiment in the DeFi space. With increasing participation in Aave's ecosystem, the potential for continued price appreciation is significant. Keep an eye on Aave as it continues to navigate the dynamic DeFi landscape.