Aave Deposits Hit $3 Trillion ATH as Aave Token Nears Key $290 Support for 30% Rebound Potential

Aave’s protocol reached a significant milestone as total deposits hit $3 trillion, marking an all-time high and solidifying its position as one of the leading decentralized finance (DeFi) lending platforms [1]. The surge in liquidity reflects growing adoption, user trust, and institutional interest in DeFi, as traditional financial systems increasingly integrate with decentralized alternatives [1]. This achievement highlights the protocol’s expanding influence and its role in providing permissionless and transparent lending solutions in the crypto market [1].

Despite these strong fundamentals, the Aave token (AAVE) has experienced short-term turbulence, losing nearly 6% of its value in the past 24 hours to trade at $299 [1]. The decline coincided with broader market corrections triggered by higher-than-expected U.S. producer price index (PPI) data, which caused widespread liquidations across crypto markets. However, the price is now approaching a critical support level at $290, a threshold that has historically supported significant rebounds [1]. Analysts suggest that if this level holds, it could serve as a springboard for a potential 30% recovery, pushing the token toward the resistance level of $380 [1].

The $3 trillion deposit milestone also signifies deep liquidity in Aave’s lending pools, offering competitive yields for lenders and streamlined borrowing processes. The platform’s recent integrations with key partners, including Ripple’s stablecoin and MetaMask’s new features, have further enhanced its infrastructure and usability, broadening its appeal to both retail and institutional users [1]. These developments indicate that Aave is well-positioned to attract more participants as traditional finance and DeFi converge.

Looking ahead, the price outlook for Aave depends on its ability to maintain the $290 support level. A successful defense could see the token rebound toward $300, with subsequent retests of $320 and eventually $355. In a stronger market—especially during a potential altcoin season—AAVE could even reach $380 or $450. Conversely, a breakdown below $290 could shift the narrative, leading to a test of the $260 level, where buyers may regroup [1].

The $3 trillion deposit milestone underscores the robust fundamentals underpinning Aave, even amid near-term volatility. As the protocol continues to evolve through strategic integrations and broader market adoption, it remains a pivotal player in the DeFi landscape. Whether AAVE can capitalize on this momentum to achieve a 30% rebound will depend on market conditions and the resilience of the $290 support level.

Source: [1] AAVE outlook: mapping path for potential 30% recovery as Aave deposits hit $3T ATH (https://invezz.com/news/2025/08/15/aave-outlook-mapping-path-for-potential-30-recovery-as-aave-deposits-hit-3t-ath/)