$AAVE , one of the main protocols in the DeFi sector, recorded a significant surge today with a daily price increase of +20.11% and reaching a high of $270.43 in the last 24 hours 🚀. Currently, AAVE is trading at $264.88, with solid trading volume at 473.7K AAVE, reflecting a renewed interest in fundamental assets in the DeFi realm.

📊 From a technical perspective, AAVE's movement is quite aggressive and confirms a breakout from a long accumulation zone. The price has consistently breached three Exponential Moving Averages (EMA 13, 21, and 99) with a strengthening slope, indicating that short to medium-term bullish momentum is active. EMA(13) at $226 and EMA(21) at $213 have served as dynamic support throughout this upward trend.

RSI(6) is currently touching 81.29, which means it has entered the overbought zone. This could be an early signal of potential retracement or short-term consolidation. However, as long as the volume remains high and there’s no significant distribution, this trend can still sustain. From a historical performance perspective, AAVE has recorded +90.14% in the last 30 days and +210.89% in the last year — figures that reflect the fundamental strength and capital inflow returning to projects with real utility in the crypto ecosystem 📈.

AAVE is a DeFi protocol that provides decentralized lending and borrowing infrastructure, with strong governance and a long reputation in the industry. This price surge could be a reflection of increasing demand for real-yield and crypto applications with direct utility.

Disclaimer: Not Promotion & Not Financial Advice