Reviewed by Reviewed by Jacob Thomas Updated 23:00 EDT September 29, 2026 Share Share Share Back to Top Aave [AAVE] has extended its bullish advance by recording a 13% surge over the last 24 hours at press time. The network’s recent developments could further strengthen the token’s market momentum
Before the recent daily gain, AAVE announced product expansion via Aave V4 on Base, enabling tokenized stocks like Coinbase ($COIN) to be used as collateral for USDC loans
At the same time, the bullish advances come as the on-chain sentiments across the network are also strengthening. AAVE whale activity has taken an upward trajectory alongside trading volume and exchange reserves. This creates a mixed setup as buyers push AAVE higher
According to the recent Future Average Order Size data, Aave whales are bagging in more orders at the current trading price
The impacts are already visible on the token’s price action. But borrowing from the previous developments, the rising whale participation creates more room to amplify price movements. Moreover, this time it coincides with broader buying pressure
On the derivatives, AAVE’s recent rally has pushed trading activity into overheated territory. This suggests that momentum may be accelerating faster than normal
For investors, however, elevated activity could also increase the risk of short-term profit-taking. But with the token now trading above all its key EMAs on the daily chart, the bullish momentum is likely to hold
AAVE’s exchange reserves have also seen a rise to a new monthly high during the past 24 hours. Thus, this gives another element to consider for traders. The rise in exchange reserves may act as an additional source of selling pressure, especially if the token holders start moving tokens into exchanges to book their profits
All in all, with network-related news helping to boost up the token’s price and whales becoming active, the short-term momentum could be prolonged. Nevertheless, increased exchange reserves and overheated trading might bring in some volatility
Kelvin Murithi is a crypto journalist and on-chain analyst covering market structure, price action and blockchain data. He is a Bsc. Actuarial Science graduate and harnesses his statistical and data analysis skills to translate complex metrics into clear insights for everyday crypto investors
