Aave v4 deposits have surpassed $900 million, with $280 million now in active loans. AAVE's daily chart has also formed a golden cross, putting $160 in view as the next resistance level above the cited $120 support.
AAVE is drawing fresh attention as Aave v4 deposits climb past $900 million, with $280 million of that total now out in active loans. The v4 deposit base has grown by more than 100% over the past month, pointing to sharply higher activity across the newest version of the protocol.
Aave V4 Growth Pushes Utilization Higher
The rise in deposits matters because active loans have expanded alongside the larger deposit base, and that growing utilization could support AAVE price if the stronger activity continues. Active addresses, meanwhile, have increased across the 24-hour, 7-day and 30-day periods, another sign that usage of the protocol is broadening. Still, fundamentals alone don't move price — the chart has to cooperate too.
AAVE Gets a Bullish Golden Cross Signal
AAVE's daily chart has formed a golden cross between the 50-day and 200-day EMA bands, a technical formation that reinforces the bullish case built on stronger deposits, loans and address activity. The cited market data puts AAVE at $16.02, with $120 marked as the key support level. From there, the setup points toward $160 as the nearest resistance, and a break above that level could open the way to a $240 target.
A Break Below $120 Would Change the Setup
The downside risk is straightforward: if the $120 support gives way, AAVE could slip toward $85 or even $60. That leaves the setup dependent on network growth holding alongside price structure, with a clear break above $160 needed before $240 comes into range.
Source: Coinpedia Fintech News
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