- Kraken’s parent is exploring a 15% equity stake in Aave at a $385M valuation
- Aave unveiled Aavenomics 3.0, routing all protocol revenue to token holders
- Standard Chartered set a $3,500 long-term target, implying a 50x move by 2030
Aave trades at $94.86 on June 27, up 19% over 24 hours after Kraken’s parent company confirmed interest in buying a stake in the protocol. AAVE now carries fresh institutional attention alongside an overhauled tokenomics plan due later this year.
Has AAVE Broken Its Long-Term Downtrend?
The daily chart shows AAVE breaking decisively above a descending trendline that capped every rally since January. Price cleared the 0.382 Fib level at $80.85 and the 0.5 level at $87.98 in a single session, closing well above the 20-day EMA at $78.15 and the 50-day at $80.58. The 100-day EMA at $91.45 is the next test, sitting just below current price.
The broader Fibonacci structure drawn from the April low to the May high puts resistance at $97 near the 0.618 level, then $105.28 at the 0.786 retracement. A full reclaim of the prior high near $118.23 would confirm a structural trend change rather than a relief bounce. Key levels: support at $87.98 and $80.85, resistance at $97 and then $105.28.
What Do AAVE Derivatives Say About This Rally?
Derivatives volume jumped 20.38% to $1.20B while open interest surged 35.05% to $396.26M, a combination that points to fresh leveraged buying rather than short covering alone. The long/short ratio sits at 0.8369, meaning shorts still outnumber longs slightly even after the rally, leaving room for further squeezes if price keeps climbing.
Liquidations over 24 hours hit $3.16M, with shorts taking the bulk of the damage at $2.27M against $882.51K for longs. Open interest has more than doubled in days, jumping from roughly $190M to $396M, showing real capital rotating into the trade rather than just existing positions getting marked up.
Why Is Wall Street Suddenly Interested In Aave?
CoinDesk reported that Kraken’s parent company Payward is in early talks to acquire a 15% equity stake in Aave Group at a $385 million valuation, an offer structured as ETH and AAVE tokens worth roughly $71 million. Aave founder Stani Kulechov rejected any framing that this represented a discounted token sale, clarifying the talks concern company equity, not AAVE itself.
Kulechov also unveiled Aavenomics 3.0, a tokenomics overhaul that routes all protocol and GHO stablecoin revenue to the DAO and AAVE holders, backed by an automated buyback mechanism and a discretionary $50 million annual buyback budget.
Separately, Standard Chartered initiated coverage on AAVE with a $3,500 price target by 2030, citing the expected growth of tokenized real-world assets toward a $2.7 trillion market.
Aave Price Prediction: July 2026 Weekly Forecast
| Period | Price Range | Outlook |
| July 1-5 | $90 – $105 | Consolidation after the breakout, testing the 100-day EMA |
| July 6-12 | $95 – $115 | Momentum continuation if Aavenomics 3.0 gains governance traction |
| July 13-19 | $100 – $120 | Push toward reclaiming the May high near $118 |
| July 20-26 | $95 – $125 | Volatile chop as buyback details and Kraken talks develop |
| July 27-31 | $105 – $130 | Breakout attempt above $118 if institutional flows continue |
Aave Price Prediction: Upside and Downside Targets for July
- Upside case: AAVE clears $105.28 and $118.23, confirming the trend reversal and opening a path toward $130 as Aavenomics 3.0 advances through governance.
- Downside case: The rally fades near the 100-day EMA at $91.45, AAVE slips back below $87.98, and price retests the $80 support zone.
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