Cryptocurrency Price Prediction View Non-AMP

Aave Price Prediction 2022: Will AAVE Moonshot To $1K?

Written by: Elena R

May 24, 2022

The year 2021 had been a game-changer for the broader crypto space. And tokens from Defi space had made most of the bull season of the year. One such crypto asset which made virtues with price gains was Aave (AAVE). With the current year 2022, yet to ignite a bull run, certain sections of marketers are still betting on AAVE. 

The fundamental strengths of the protocol such as borrowing, lending, staking, liquidity pools, and flash loans. Still hold significant prominence in the industry, which could help the digital asset munch higher candles. Are you one of the many, who are considering Aave? Then look no further as this write-up decodes the plausible price forecast for 2022 and beyond!   

Overview

Cryptocurrency.AAVE.
Token.AAVE.
Price.$99.57
Market Cap.$1,368,247,300
Trading Volume.$334,202,551
Circulating Supply.13,451,851.72 AAVE
All-time high.$666.86 on May 5th, 2021.
All-time low.$27 on November 11th, 2020.

Aave (AAVE) Price Prediction For 2022

Potential LowAverage PricePotential High
$180.2$213.7$244.5

  The trade for the year 2022, had commenced on a positive note for AAVE, with a price tag of $266.1. Going forward, the crypto asset trembled down to $198.8 by the 10th of January. Whilst the crypto asset had posed a rebound to $239 by the 17th of January. However, falling prey to FUD and panic, the price of AAVE took a slip to $141.4 by the 27th of January. 

Gathering volumes, the crypto coin rose to $188 by the 9th of February. But soon slipped down to $127.3 by the 25th of February, following the global tensions. The downtrend further aggravated dragging the price to its multi-month low of $115.9 by the 7th of March. Kickstarting an uptrend on the 16th of March, the digital asset escalated close to 88% to end the quarter’s trade at $227.5

Aave (AAVE) Price Prediction For Q2

  The second quarter of the year has been fairly rough for Aave. The digital token is presently down 60% from the peak of the quarter at $24.42. Surpassing the barriers at $116.6, AAVE could chug up to close the quarter at $138.8. On the flip side, if the bears take over the market again, the price could plunge to a minimum of $91. That said, an equilibrium in buying and selling pressures could land AAVE at $119.4

AAVE Forecast For Q3

  If the makers of the protocol take in-charge of network propelling developmental upgrades. Seeking the interests of buyers, the crypto asset could propel to a maximum of $185.9 by the end of the quarter. Conversely, the lack of first moves could leave it at a low of $128.5. Constrained by the linear momentum, the average price could settle at $158.6

Prediction Of Aave For Q4

  The presence of Aave in renowned markets such as Ethereum, Avalanche, and Polygon, amongst others could turn fruitful for the digital asset. Considering the poised upgrades of each chain. Wherefore, the price of AAVE could climb up to its potential high of $244.5 by the end of the year’s trade. 

On the contrary, factors like the prolonged dominance of bears could knock the price to $180.2. Considering the bullish and bearish targets, the average price could find base at $213.7

Aave Price Forecast For 2023

  If the protocol manages to attract a wider audience, who could increase the traffic of the network. The price of AAVE could chug up to its potential high of $490.0. However, ebbing stance and depleting volumes could slash the price down to the lows of $237.1

Price Prediction Of AAVE For 2024

  The ecosystem could further thrive if the necessary impetus is given to its hold on dApps, Defis, and DAOs. As these sectors could possibly ignite a bullish run, which has been long due. In such a case, the price of AAVE might hit a maximum of $985.8. On the downside, emerging rivals and depleting stance of the network could sink the price to a minimum of $454.6

Price Trajectory For 2025

As the crypto industry continues to evolve in the future, it may experience growth in the adoption curve and face regulatory restrictions at the same time. However, if it manages to resist the challenges and continues to rise, then AAVE’s price would hit a maximum of $907.2 by the end of 2025. However, the asset would plummet to a bottom of $2048.3 if bears predominate the space.

YearPotential LowPotential High
2023$237.1$490
2024$454.6$985.8
2025$907.2$2048.3

What Does The Market Say?

Digital Coin Price:

  According to the price prediction of Digital Coin price. AAVE’s price might escalate to a maximum of $147.75 by the end of 2022. While a reversal in trend could slash the price to $126.65. A balance in trade pressures could land the price of AAVE at $136.86. The firm has set the maximum closing targets for 2023 and 2025 at $163.91 and $226.85. 

Trading Beasts:

  As per the forecast of Trading Beasts, the altcoin might soar to a maximum of $132.113 by the end of 2022. The analysts from Trading Beasts believe, that AAVE could surge as high as $174.35 by the end of 2023. And a maximum of $212.06 by the end of 2025. 

Priceprediction.net:

 The prediction website anticipates the altcoin to hit its potential high of $108.04 by the end of 2022. The analysts have pinned the minimum and average closing targets for the year at $91.67 and $95.47. The source also hosts predictions for the long term. Accordingly, the maximum target for 2025 is set at $336.06. 

Click here to read our price prediction of SushiSwap (SUSHI)!

What Is AAVE?

AAVE is an open-source decentralized and non-custodial liquidity token that thrives to facilitate users to lend and borrow cryptocurrencies. Lenders can earn a substantial interest in depositing assets into specifically established liquidity pools. However, Borrowers can subsequently avail crypto as collateral to acquire a flash loan through this liquidity. 

The AAVE protocol is open-source and enables to interact with a user interface client. Or establishing communication with the smart contracts on the Ethereum blockchain. However, the interaction cost relies on the transaction’s intricacy and network status. Another fascinating feature of the platform is Flash loans. This allows traders to buy any convenient amount of assets without putting up any collateral. 

The AAVE platform has its own native governance token AAVE. The token could be utilized to vote and determine the product of Aave Improvement Proposals(AIPs) and further upgrades. In addition, AAVE could be staked to earn rewards and fees from the protocol. It can be staked within the protocol Safety Module to facilitate security or insurance to the lenders. 

Fundamental Analysis

AAVE was previously known as ETHLend and was launched in November 2017 by Stani Kulechov. However, the rebranding of the platform was done a year later in September 2018. DeFi was not so popular at the time of AAVE’s launch. Realizing the scarcity of lending platforms on the ETH blockchain, the founder came up with this project. 

The founder of the platform accumulated a vast knowledge of programming when he was young. He was an early entrant to the blockchain space. In order to make capable of AAVE to enable a broad range of services, he rebranded ETHLend to AAVE. The central goal of the platform is to target the audience who are already occupied in the cryptocurrency space.

Furthermore, the Initial Coin Offering (ICO) was completed in November 2017 where it managed to raise $16.2 million in funds. Whilst in September 2018, the platform was rebranded from ETHLend to AAVE. The mainnet launch was completed in January 2020.

Our Price Prediction

  As per the formulated price prediction of Coinpedia’s expert panel. If the protocol comes across bullish events such as major collaborations and adoptions. The price of the altcoin could soar to a maximum of $245 by the end of the year. In contrast, possible turbulence resulting from a financial crisis or regulatory clampdowns could clutch the price down to $180

Historic Market Sentiments

2020

Though Initial Coin Offering (ICO) was done in November 2017, the protocol went live on the mainnet in January 2020. Interestingly, starting from the initial days, AAVE price has thrived to exhibit a sort of volatility. However, with certain fluctuations, the asset plummeted to the bottom support from $42 to $28 by the year’s end. 

2021

The AAVE price had kickstarted with a massive rally by early January. The protocol has managed to experience a prolonged bull cycle for over five months. In the first two months, the asset underwent two supercycles where it surged by over 500%. However, until April the asset traversed within a narrow range-bound scale between $300 to $500. 

After clinching an ATH of $666.86 on 5th May, the asset woefully fell prey to a Chinese financial crisis. With continued bearish dominance the AAVE price tumbled to the bottom support of $180.86 by late June. The second bull session of the asset was triggered in July. With consecutive supercycles, the asset had managed to hit an upper resistance of $415 in August. 

Further, a complete crypto restriction by the Chinese government in September triggered a lengthy bearish cycle. The asset almost fell by 50% from $325 to the lows of $175 by mid-December. Thereafter, the crypto asset gathered volumes, posing a rebound the year was closed at $276.9. 

To read our price prediction of Ankr (ANKR) click here!

FAQ

Q: Is Aave (AAVE) a good investment?

A: Considering the fundamentals of the protocol, AAVE is a profitable investment, if considered for the long term. 

Q: Where can I buy AAVE?

A: AAVE is available for trade across prominent cryptocurrency exchange platforms such as Binance, Huobi Global, FTX, KuCoin, etc…

Q: What is the circulation count of AAVE?

A: The circulating supply of AAVE is 13,741,375.20 AAVE. 

Q: What will the maximum price of AAVE be by the end of 2022?

A: The price of AAVE could surge to a maximum of $244.5 by the end of 2022.

Q: How high will AAVE’s price rise by the end of 2025?

A: The price of the altcoin could escalate as high as $2048.3 by the end of 2025. 

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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