AAVE Token Surges 2.15% as V3 Launch, Grayscale ETF Filing, and Rising Volumes Drive Momentum

AAVEUSDT experienced a 2.15% price increase over the last 24 hours, rising from an opening price of $125.11 to $127.80 on Binance, driven in part by recent protocol developments and strategic proposals. The launch of Aave V3 on Mantle Network with liquidity incentives led to higher protocol usage, while Grayscale's spot Aave ETF filing and the "Aave Will Win" framework proposal from Aave Labs boosted market sentiment. The price movement is also supported by increased trading volumes, with total activity ranging from $201.23 million to $359.22 million across exchanges and a reported Binance volume between $9.09 million and $69.97 million. AAVE's current market capitalization is approximately $1.93 billion, with a circulating supply of about 15.33 million tokens. Trading remains volatile within a range of $123.83 to $132, with the price currently consolidating near $127.80.