{"id":6548,"date":"2025-08-01T19:27:19","date_gmt":"2025-08-01T19:27:19","guid":{"rendered":"https:\/\/bitunikey.com\/news\/aave-crypto-price-crashes-as-its-top-network-metrics-surge\/"},"modified":"2025-08-01T19:27:22","modified_gmt":"2025-08-01T19:27:22","slug":"aave-crypto-price-crashes-as-its-top-network-metrics-surge","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/aave-crypto-price-crashes-as-its-top-network-metrics-surge\/","title":{"rendered":"AAVE crypto price crashes as its top network metrics surge"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">AAVE crypto price continued its freefall this week, hitting its lowest level since June 28. The token has entered a local bear market after falling 23% from its July high of $337.<\/p>\n<div id=\"cn-block-summary-block_7da415b0b07423442255573c2f58d514\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Aave crypto has moved into a local bear market after falling by 23% from the July high.<\/li>\n<li>The total value locked in the ecosystem surged to a record high this week.<\/li>\n<li>Data shows that the fees and revenue in the network is soaring.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">AAVE crypto price crashed despite booming ecosystem<\/h2>\n<p>Aave (AAVE), the biggest player in the decentralized finance industry, is firing on all cylinders as its assets and fees jump.<\/p>\n<p>DeFi Llama data <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/protocol\/aave\" target=\"_blank\">shows<\/a> that the total value locked in the ecosystem jumped to a record high of $35 billion this week. This is a strong surge for a platform that started the year with $21 billion in assets.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>One of the main catalysts for the surge is Ethena (ENA), whose assets have jumped to nearly $5 billion recently. Dune Analytics <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/dune.com\/sealaunch\/ethena-on-aave\" target=\"_blank\">data<\/a> shows that they have jumped by over $1 billion in the past two days.\u00a0<\/p>\n<p>This growth has led to a big increase in its fees. Data shows that AAVE has collected over $783 million in fees in the last 12 months. Its annualized earnings have jumped to $47 million, while the revenue soared to over $110 million.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14402085\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\"><em>Aave total value locked and fees | Source: DeFi Llama<\/em><\/figcaption><\/figure>\n<p>Data from <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/tokenterminal.com\/explorer\/projects\/aave\/financial-statement\" target=\"_blank\">TokenTerminal<\/a> shows that Aave\u2019s net deposits rose by 21% in July, with active loans increasing by 25% to $20.5 billion. Monthly fees and revenue grew by 49% and 85%, respectively.<\/p>\n<p>This growth comes as the DeFi lending space becomes increasingly competitive, with platforms like Morpho, Compound Finance, and Maple Finance gaining ground.<\/p>\n<h2 class=\"wp-block-heading\">AAVE price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14402086\"><source type=\"image\/webp\" ><\/source><br \/>\n<img loading=\"lazy\" decoding=\"async\" width=\"3574\" height=\"1988\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/AAVE-crypto-price-crashes-as-its-top-network-metrics-surge.png\" alt=\"AAVE price chart\">\n<\/picture><figcaption class=\"wp-element-caption\">AAVE price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily chart shows that AAVE has been in a steep decline after peaking at $337.25 in July. The drop coincided with a broader sell-off across crypto markets.<\/p>\n<p>AAVE has fallen below both the 50-day and 100-day Exponential Moving Averages and is approaching the psychological support level of $250. The Relative Strength Index is also nearing oversold territory.<\/p>\n<p>The token is now sitting at an ascending trendline connecting the lowest swing points since April 7. A potential rebound could send it toward resistance at the Murrey Math Lines level of $312. However, a break below the trendline would invalidate this bullish scenario.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>AAVE crypto price continued its freefall this week, hitting its lowest level since June 28. The token has entered a local bear market after falling 23% from its July high&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=6548"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6548\/revisions"}],"predecessor-version":[{"id":6549,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6548\/revisions\/6549"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5224"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=6548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=6548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=6548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}