Aave Price Prediction 2024-2033: Is AAVE a Good Investment?

Aave Price Prediction 2024-2033

• Aave Price Prediction 2024 up to $156.8
• Aave Price Prediction 2027 up to $467.2
• Aave Price Prediction 2030 up to $1,484.12
• Aave Price Prediction 2033 up to $4,601.81

How much is Aave worth today?

Today’s live Aave coin price is $87.88, with a 24-hour trading volume of $168,890,954. Aave is down 6.88%% in the last 24 hours. The current CoinMarketCap ranking is #55, with a live market cap of $1,263,343,118. It has a circulating supply of 14,715,823 AAVE coins and a max. supply of 16,000,000 AAVE coins.

Aave price analysis: AAVE moves towards $90 as bulls strive for control

• Aave price analysis shows a strong bullish trend.
• AAVE has been down by almost 7 percent.
• Trading volume has also increased by 82.35% over the last 24 hours.

Aave’s January 31st, 2024, performance shows that the Aave market has exhibited a lateral movement throughout the day’s trading session. The AAVE/USD pairing has fluctuated between $106.30 and $84.89 within this timeframe. 

The current price of AAVE is $87.88, trading below its support level, indicating an inclination of 6.88% over the past 24 hours. The day commenced with a bullish tone, but the bears have overturned the market to bearish momentum, as the bearish signals indicate.

AAVE/USD 1-day price chart: Bullish pressure is present at $106.30

Aave’s 1-day price chart analysis reflects a bearish trend for the day, with the price plummeting below initial expectations. A substantial surge in bullish momentum has driven price levels upward, leading to a value of $87.88.

AAVE/USD 24-hour price chart: TradingView

The RSI value of 37.80 for the AAVE coin suggests that it is currently in a somewhat oversold condition but has not reached an extreme level of oversold territory. The Relative Strength Index (RSI) is a widely used momentum oscillator in trading analysis, and it provides valuable insights into the strength and direction of price movements.

A reading of 37.80 implies that AAVE has experienced some recent downward price momentum, leading to a lower RSI value. While an RSI value below 30 is typically considered a strong signal of oversold conditions, an RSI value of 37.80 is on the cusp of the oversold territory. It indicates that the selling pressure on AAVE may have subsided somewhat, but there could still be potential room for further downside or consolidation in the short term.

Additionally, for the Bollinger Bands of Aave, we observe a support level at $106.30 and a resistance level at $84.81. This suggests a relatively narrow trading range. The Bollinger Bands can serve as valuable indicators, helping traders identify potential breakout or breakdown points as Aave price fluctuates within these boundaries.  

Aave price analysis 4-hour price chart: A bullish pattern forms

Aave price analysis on the 4-hour chart, AAVE/USD is seen trading inside an ascending parallel channel as prices corrected lower after hitting the upper limit of the channel. The current move can be considered a retracement, as the prices are still trading inside the bullish channel.

AAVE/USD 4-hour price chart: TradingView

The AAVE coin currently exhibits a Relative Strength Index (RSI) value of 42.59. This RSI value provides valuable insight into the current state of the AAVE market.

This mid-range RSI reading of 42.59 implies that AAVE is experiencing a balanced market sentiment. It may neither be in a strong bullish or bearish trend. Traders and investors should exercise caution and consider other technical and fundamental factors before trading.

The Bollinger Bands of Aave has a support level of $95.89 and a resistance level of $87.88. This signifies a relatively tight trading range. These Bollinger Bands serve as significant indicators, aiding traders in recognizing potential breakout or breakdown points as the Aave price fluctuates within these established boundaries.

Recent AAVE News

The Aave community considers GHO Stablecoin integration for enhanced interoperability

The Aave community has taken a significant step by voting to gauge interest in integrating the GHO stablecoin on various blockchain networks. The main aim is to make GHO more readily available, improve its liquidity, and ensure it can smoothly work across blockchains without compromising its security and reliability. 

To achieve this, they plan to use Chainlink’s Cross-Chain Interoperability Protocol (CCIP), making it easier and safer for users to move GHO between blockchains. If the vote yields positive results, they will proceed with the technical implementation of this integration.

Aave Price Predictions by Cryptopolitan 2024-2032

Year	Minimum	Average	Maximum
2024	$130.34	$134.99	$156.8
2025	$190.73	$196.13	$230.44
2026	$275.17	$284.98	$332.02
2027	$391.87	$406.12	$467.2
2028	$585.32	$601.56	$686.79
2029	$867.08	$891.14	$1,032.58
2030	$1,234.32	$1,269.96	$1,484.12
2031	$1,812.42	$1,863.21	$2,143.50
2032	$2,613.90	$2,707.06	$3,099.43
2033	$3,638.96	$3,747.24	$4,601.81

Aave Price Prediction 2024

Our Aave price prediction for 2024 suggests that the cryptocurrency will reach a maximum price of $156.80. We anticipate a minimum price of $130.34 and an average trading price of $134.99.

Aave Price Prediction 2025

By 2025, we expect Aave to attain a peak price of $230.44 and a minimum market value of $190.73. Our Aave price prediction for 2025 also indicates the coin will trade around an average price of $196.13, representing a significant profit on the current market price.

Aave Price Prediction 2026

Our Aave price prediction for 2026 anticipates a continued uptrend in the market price of Aave, leading to the coin trading at a maximum value of $332.02. Aave is also expected to have an average price of $284.98 and a minimum price of $275.17.

Aave Price Prediction 2027

Our Aave price prediction for 2027 has a maximum price of $467.20 and an average price of $406.12. The minimum price expected for the year is $391.87.

Aave Price Prediction 2028

For this year, our Aave price prediction 2028 indicates that Aave will record more gains, resulting in a maximum trading price of $686.79 and an average market value of $601.56. The minimum price expected for the coin is $585.32.

Aave Price Prediction 2029

According to our Aave price prediction for 2029, the coin’s market price will reach a maximum value of $1,032.58. We anticipate that Aave’s price will be between a minimum of $867.08 and an average of $891.14 throughout the year.

Aave Price Forecast 2030

Our Aave price prediction for 2030 is that Aave may attain a maximum value of $1,484.12 and an average trading price of $1,269.96. The minimum price is estimated to be $1,234.32.

Aave (AAVE) Price Prediction 2031

Our Aave price forecast for 2031 anticipates a continued uptrend in the market price of Aave, leading to the coin trading at a maximum value of $2,143.50. Aave is also expected to have an average price of $1,863.21 and a minimum price of $1,812.42.

Aave Price Prediction 2032

According to our Aave price prediction for 2031, the value of this cryptocurrency is expected to increase to a maximum of $2,143.50 by that year. Based on our price analysis, Aave’s expected minimum and average price will be $1,812.42 and $1,863.21, respectively.

Aave Price Prediction 2033

According to our Aave price prediction for 2033, Aave may grow to a maximum price of $4,601.81 and a minimum value of $3,638.96. The coin is expected to stabilize at an average price of $3,747.24.

Aave Price Prediction By Wallet Investor

In their latest update, WalletInvestor has provided their perspective on Aave’s price prediction. They anticipate that the Aave price could reach $139.814 within one year, reflecting a significant increase. Furthermore, WalletInvestor envisions a promising long-term earning potential, projecting a growth of +62.42% over the year. Their 5-year forecast is even more optimistic, suggesting that Aave could reach $304.434. These insights offer investors valuable information to consider when assessing Aave’s prospects in the cryptocurrency market.

Aave Price Prediction By DigitalCoinPrice

In Digitalcoinprice’s latest update on Aave’s price predictions, they foresee significant growth in the cryptocurrency’s value. By the end of 2024, they anticipate Aave reaching $191.90, reflecting a positive outlook for the near future. Their projections show even more substantial gains in the coming years, with Aave’s value expected to increase by 214.12%, reaching $315.17 by the end of 2026. 

Looking further ahead, Digitalcoinprice predicts that 2027 Aave will hit a high of $399.50, indicating a continued upward trajectory in the cryptocurrency’s value. These predictions offer insight into their optimistic perspective on Aave’s performance in the cryptocurrency market.

AAVE Price Prediction by Coincodex

Coincodex’s recent analysis of Aave’s price predictions reveals intriguing insights. According to their one-month prediction, Aave is expected to hover around $92.06, showing potential short-term movements. Looking further ahead, their 2025 projection spans from $81.41 to an optimistic high of $634.86, suggesting a potential 640.83% gain if Aave reaches the upper target. 

For the long-term vision in 2030, Coincodex envisions a price range between $417.36 and $786.64, implying a substantial 819.00% gain from today’s price if Aave manages to attain the upper limit. These predictions offer a comprehensive perspective on Aave’s potential trajectory and are subject to market dynamics and developments.

Aave Price Prediction By Market Sentiment 

In a recent update, Altcoin Doctor, a prominent crypto community figure, shared his intriguing insights regarding Aave’s future price predictions. According to his analysis, Altcoin Doctor anticipates that Aave will make significant strides in the crypto market. By mid-2024, he foresees Aave reaching a substantial price point of $384, reflecting the coin’s potential for growth. 

Furthermore, his predictions extend to the end of the year, where he envisions Aave surging even higher, potentially exceeding the $900 mark. These optimistic projections by Altcoin Doctor have certainly caught the attention of crypto enthusiasts, as they eagerly await Aave’s performance in the coming months, all while keeping a close eye on this dynamic market.

AAVE Overview

Popularity		Market Cap	$1,264,124,709
Price Change (24 hours)	-6.88%	Trading Volume (24 hours)	$168,890,954
Price change (7 days)	-3.4%	Circulating Supply	14,715,823 AAVE
All-time low (Oct 03, 2020)	–	All-time high (May 19, 2021)	$666.86
From ATL	51.02%	From ATH	-84.88%

AAVE’s Price History

ETHLend started in 2017 as a peer-to-peer digital asset lending and borrowing platform. It generated $16.2 million during an initial coin offering (ICO). During the same ICO that 1 billion units of LEND coins were sold, with 300 million reserved for the AAVE team.

ETHLend was given a new name in 2018, AAVE, with ETHLend becoming a subsidiary. Note that AAVE means ghost in Finnish. In January 2020, the protocol officially went live on the Ethereum mainnet. By August of the same year, the AAVE token rose to be the second DeFi protocol to get to $ 1 billion in total value locked, with MakerDao being the first.

In the same month (August), AAVE was awarded an EMI (Electronic Money Institution) license by the FCA, which saw LEND rapidly rise by 30% to a new ATH at the time. Around the same time, a second version of the AAVE protocol was announced and was released on 3 December of the same year. Other features were reported simultaneously, involving a trading desk, a game studio, and a payment system.

Aave’s proposal to upgrade its protocol was passed unanimously by its community. Following Aave v3’s mainnet launch on 16 March, AAVE token surged as much as 114% to a near three-month high of $261.29 hit on 1 April 2022.

More about the AAVE Network

What’s AAVE?

Aave is simply an Ethereum-based money market where users can borrow and lend various digital assets, from stablecoins to altcoins. Aave (AAVE) is also the native cryptocurrency of the Aave platform: a decentralized finance (DeFi) platform where users can borrow a range of cryptocurrencies and lend assets in exchange for interest payments, all without needing an intermediary.

Decentralized lending system

Users of AAVE now require a traditional financial institution to manage their money. They need to trust the code used to write the program, and they won’t be disappointed. If you’re wondering about AAVE, it’s an acronym for African American Vernacular English. No matter, know that among several emerging DeFi cryptocurrencies, Aave is a decentralized lending system that allows users to lend, borrow, and earn interest on crypto assets without intermediaries.

The AAVE software allows a lending pool capable of lending or borrowing up to 17 different crypto coins, some of which include ETH, BAT, and MANA. And just like other DeFi systems, if you want to borrow AAVE, you need first to deposit collateral. The equivalent of whatever you post is what will be given to you as a loan. The borrower then collects the funds as a unique token called aToken. The aToken is assigned the worth of another asset and then encoded so that lenders receive interest when they deposit.

5th highest TVL

Aave, along with the likes of Uniswap (UNI), Compound (COMP) and Curve, is considered one of Ethereum’s blue-chip DeFi protocols. Aave is also deployed on layer-1 network Avalanche (AVAX) and Ethereum’s layer 2 protocol Polygon (MATIC). 

According to DeFi total value locked (TVL) aggregator DefiiLlama, the Aave protocol has the fifth highest TVL across all blockchain at $14.3bn, as of 4 April. Aave protocol is currently the top DeFi platform in terms of TVL on Avalanche and Polygon.

AAVE Founder

AAVE was developed by Stani Kulechov in 2017. Stani hails from Finland, and he is a programmer and an entrepreneur. He started the AAVE cryptocurrency. He is majorly into cryptocurrency, blockchain, and fintech.

He graduated with a Law Master’s degree in 2018. He graduated from the University of Helsinki. While at the university, he worked as a Trainee at a Law Firm named Castrén and Snellman between January and May 2017. He was still a trainee between August and November of the same year at Bird and Bird. He then became a Member of the Legal Aid Committee of the Law Students Association of Pykäläry.

While he was at the university for his Master’s, finance struck his interest, becoming involved with FinTech. The concepts of smart contracts and the Ethereum blockchain became appealing to him, and he was motivated to develop a decentralized financial system.

Where to buy AAVE?

Steps to Buy Aave

Step 1 – Open an Online Account. The 1st step to buying Aave begins with opening an account with an exchange that supports Aave.

Step 2 – Buy a Wallet (Optional). After deciding where you want to purchase Aave and opening your account, you can open a wallet to store your tokens safely.

Step 3 – Make Your Purchase.

Crypto.com App users can now purchase AAVE at true cost with USD, EUR, GBP, and 20+ fiat currencies and spend it at over 60M merchants globally using the Crypto.com Visa Card. 

Coinbase customers can now buy, sell, convert, send, receive, or store AAVE, in all Coinbase-supported regions, except New York State. Same steps as on top. 

Conclusion

The Aave ecosystem has continued to draw investors since its launch with a growing community and the earning opportunities it provides investors by enabling them to lend, borrow, and earn interest on crypto assets without intermediaries. Defi projects like Aave are also prone to attacks by bad actors who take advantage of vulnerabilities in the system.

Exploits on Defi protocols this year have resulted in the loss of millions of investor funds; while Aave has not been attacked, blockchain bridges threaten the Aave platform’s security. The price of Aave is anticipated to continue rising into the future. You can buy Aave on top-tier crypto markets like Binance, Huobi global, and Coinbase.

This guide has given you an exhaustive analysis of Aave’s future price trends; however, always seek a second opinion from a financial advisor before investing in the crypto markets.  Also, you may take a look at our GUIDES on Crypto Investing.