The cryptocurrency market has witnessed another breakout performer, and today’s spotlight is on Aerodrome Finance (AERO). The token has recorded an impressive double-digit price jump, crossing the $1 mark for the first time in weeks. Investors and traders are now asking: What’s fueling this rally, and can it sustain the momentum?
One of the biggest catalysts behind AERO’s sharp move upward is Coinbase’s integration of decentralized exchange (DEX) trading on its Base network directly within its main application. As Aerodrome Finance is currently the leading DEX on Base, this development has significantly boosted its visibility and utility.
With millions of Coinbase users gaining direct access to AERO’s ecosystem through a seamless interface, market participation has surged. This strategic move not only increases the platform’s adoption but also positions AERO as a core asset in the Base network’s DeFi landscape.
Alongside the price spike, AERO has seen an extraordinary jump in trading activity—volume has surged by more than 400% in the past 24 hours. This surge in liquidity reflects both retail enthusiasm and likely institutional participation. High volumes during a price breakout often suggest stronger conviction from market participants, which can help sustain bullish momentum in the short term.
From a technical standpoint, AERO has broken through multiple resistance levels. After reclaiming the crucial $0.81 Fibonacci retracement zone, the price moved swiftly toward $1.04, a key target that traders have been watching closely.
The breakout is supported by strong upward momentum within an ascending channel, indicating that bulls are firmly in control. If buying pressure continues, the next resistance could be found near $1.12, followed by potential upside toward $1.20.
The rally is not happening in isolation. The broader cryptocurrency market is experiencing bullish sentiment, with Ethereum’s recent climb above key psychological levels driving renewed interest in the DeFi sector. Altcoins tied to real utility and ecosystem growth, like AERO, are benefiting the most from this shift in sentiment.
Furthermore, the expanding use of Base as a layer-2 solution is creating a supportive environment for tokens native to its ecosystem. As more projects and liquidity migrate to Base, Aerodrome Finance stands to gain a larger share of user activity.
While AERO’s rapid rise has been impressive, traders should keep a close eye on short-term volatility. Breakouts of this scale often invite profit-taking, which can trigger brief pullbacks. However, if trading volumes remain high and Base adoption continues to grow, the token may hold above the $1 mark and even push toward higher technical targets.
The combination of Coinbase’s Base DEX integration, a surge in trading activity, a clean technical breakout, and favorable market conditions has propelled Aerodrome Finance (AERO) into the spotlight. Whether the rally sustains will depend on continued adoption and market sentiment, but for now, the AERO price has firmly established itself as one of today’s top-performing altcoins.
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