AAVE Token Sees 2.67% Dip After Strong Rally, Trading Volume Hits $361.56M Amid High Liquidity

AAVE’s price declined by 2.67% over the past 24 hours, opening at $263.28 and currently trading at $256.26 on Binance. The recent price pullback follows a period of strong momentum driven by Aave’s launch on the Soneium blockchain and positive technical developments, such as breaking key resistance levels and expanding ecosystem integrations. However, the latest retracement appears to be a short-term correction after recent gains, with no negative news directly impacting sentiment. Market activity remains robust, with a 24-hour trading volume of $361.56 million, a market capitalization of $3.88 billion, and 94.8% of the total supply in circulation, reflecting continued high liquidity and active trading across major exchanges.