Chainlink (LINK) was also among the underperformers, falling 4.7% from Tuesday.

The $159 level is a key support to watch for Aave (AAVE), while a break below could send prices toward $128.

The selling pressure on Bitcoin forced MKR to lose 11%, but the bulls were likely to drive a recovery.

Two Ethereum whales on MakerDAO are at risk of being liquidated if Ether drops below $1,800. The whales, who borrowed millions in DAI from the DeFi lending protocol and pledged ETH as collateral, are now under pressure due to Ether's continuous decline.

AAVE is likely to establish a new high as more liquidity pours in.

TL;DR Aave integrates Chainlink Smart Value Recapture (SVR) on Ethereum to recapture the MEV associated with loan liquidations in DeFi protocols. The SVR solution allows DeFi protocols to recover value lost in block building, improving the DeFi economy in a sustainable and transparent way.

The Aave community has voted to allow the adoption of Chainlink's Smart Value Recapture feature as the protocol looks to reclaim millions in maximum extractable value lost to oracles.

Decentralized finance protocol Aave has integrated Chainlink Smart Value Recapture (SVR) on the Ethereum mainnet, with this coming on the back of a community vote. The integration is an initiative of Chainlink and Aave (AAVE) ecosystem contributors BGD Labs, and Aave Chan Initiative, according to an announcement.

The Aave DAO community has formalized the integration of Chainlink Smart Value Recapture (SVR) on the Ethereum mainnet, with the goal of recovering the value extractable from oracles (Oracle Extractable Value, OEV) related to liquidations and converting it into a new source of revenue for the protocol. The decision, confirmed by an on-chain vote, marks a turning point for decentralized finance (DeFi), ushering in a sustainable model that reintegrates into the system the value technically lost during liquidation operations.

The crypto market dipped into the red over the past 24 hours as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap dropped to $2.86 trillion.

MakerDAO's governance token, MKR, has posted double-digit gains in the past 24 hours, making it the market's top performer. The surge propelled MKR to a seven-day high of $1,485, where it traded briefly during Thursday's early Asian hours.

The crypto markets are consolidating after a small rise as the bulls face fatigue following a minor surge. Bitcoin price surged above $88,000 but has settled above $87,000 despite the rising bearish activity. On the other hand, Ethereum sustains above $2000, while memecoins display some strength as DOGE, PEPE, and FLOKI maintain a strong upswing.

Highlights MKR Coin breaks critical resistance level $1200 last week, signalling a breakout from the downtrend that began back in June. In the near term, MKR's future resistance is at $1500, with a breakout possibility to the $1800 price zone. A key support level is around $1000.

The market is reacting positively to Movement's pledge to do a $38 million token buyback to create a Movement Strategic Reserve.

Maker recently reacted off a major support zone where hundreds of thousands of units were purchased. Some traders, however, are taking profits—a move that could impact MKR's potential market movement.

This week, several significant events are poised to impact the crypto market. The new SEC chair ascension, developments in Ethereum's Pectra Upgrade, and new ecosystem developments have the crypto space buzzing with anticipation.

AAVE could be a focal point for traders this week.

The crypto market dipped back into bearish territory as prominent cryptocurrencies, including Bitcoin (BTC), registered notable declines. BTC reached a high of $86,444 as markets rallied.

A poorly timed trade cost a crypto whale $10.9M in potential profits, even as they secured $1.8M from their transactions.

Many cryptocurrency projects such as Aave, dYdX, Jupiter, and Hyperliquid have recently announced token buyback mechanisms.

Aave Chan Initiative (ACI) founder Marc Zeller, has said that the proposal to revamp the Aave protocol tokenomics has passed the quorum. In a post on X, he noted that implementation of the Aavenomics could start this month.

Spark has announced that BlackRock, Superstate, and Centrifuge are the winners of its Tokenization Grand Prix. The goal is to allocate $1 billion in tokenized assets, with BlackRock's BUIDL fund set to receive half of it.

Aave v3 has launched on Celo, expanding DeFi access to Celo's mobile-first users and opening the platform to broader user growth.

The Aave deployment on Celo allows builders and users globally to borrow, lend, and earn yield with “sub-cent” transaction costs and one-block finality. The post Aave V3 is Now Live on Celo appeared first on Cryptonews.

Aave Labs confirms no new token will be issued for Horizon, its initiative to integrate real-world assets into DeFi, maintaining $AAVE as the primary governance and utility asset. The post Aave Confirms No New Token for Horizon, Only $AAVE appeared first on Cryptonews.

Smart money investors have sold some popular cryptocurrencies during the ongoing crypto bear market. At the same time, on-chain data shows that these smart money pros are buying the dip in some cryptocurrencies.

TL;DR Aave DAO rejects the new token proposal for its Horizon initiative, emphasizing the commitment to preserving the value of the existing AAVE token. The Horizon initiative aims to integrate real-world assets into DeFi, facilitating institutional participation through tokenized money market funds.

Crypto exchange titan Binance again caused a market stir with its latest announcement on five crypto tokens this Monday. Notably, the exchange revealed plans to launch new spot trading pairs for MKR, EPIC, DF, GMX, and RPL shortly ahead.

Aave Labs founder Stani Kulechov has confirmed that no new token will be created for Horizon, Aave's initiative to integrate real-world assets into decentralized finance. According to Kulechov's Mar.

The proposal hinted at a potential 15% token allocation to Aave DAO, raising concerns about diluting the existing AAVE token's value.

The Aave DAO has reached a consensus. According to Aave Labs' CEO, the DAO is not currently looking to invest in tokens other than AAVE.

After a big surge in price last week, AAVE coin has seen a bit of a drop, but it's still the leading lending protocol in the crypto industry.

Aave Labs launched the Horizon initiative on Thursday targeting institutional investors with products centered on tokenized real-world assets (RWAs) to bridge decentralized finance (DeFi) and traditional financial systems.

Leading DeFi protocol Aave has announced plans to launch Horizon, a new initiative focused on building institutional DeFi products. The protocol founder, Stani Kulechov, announced this on X, noting that this initiative will take decentralized finance to the next level.

Aave Labs has launched a new initiative called Horizon, which aims to enhance the integration of institutional Real-World Assets (RWAs) into DeFi. Announced on March 13, the project seeks to bridge DeFi's open financial ecosystem with the structured needs of institutional asset issuers, creating a framework that encourages broader participation in on-chain finance.

TL;DR Bridging TradFi and DeFi: Aave Labs launches Horizon to integrate tokenized real-world assets into the DeFi ecosystem, linking traditional finance with decentralized solutions. Unlocking Stablecoin Liquidity: Horizon enables institutions to use tokenized money market funds as collateral to borrow stablecoins like USDC and GHO, reducing costs and enhancing 24/7 liquidity.

The primary goal of Horizon is to bridge the gap between traditional finance and DeFi using the Aave ecosystem as a foundation.

Horizon, an initiative by Aave Labs, proposed a new financial product to bring real-world assets (RWAs) into decentralized finance (DeFi) under a regulatory framework.

This means users can borrow EURC or use it as collateral, opening up new possibilities for DeFi enthusiasts. If you've been looking for more ways to put your crypto to work, this could be a game-changer.

Aave has launched MiCA-compliant EURC stablecoin on Base, enabling users to use it as collateral for lending and borrowing. The decentralized lending and borrowing platform Aave (AAVE) has launched Circle's EURC (EURC) stablecoin on Base layer 2 blockchain.

AAVE signaled a potential rebound as buying interest grew. Rising volume and netflow shifts hinted at a price recovery, but traders watched key resistance levels for confirmation.

Linea Network sees Aave V3 deployment, expanding DeFi possibilities. MetaMask Card introduces 1% USDC cashback, available in select regions, enhancing crypto usability.

Maker [MKR] has retraced to key accumulation zones, with cost basis data underlining a shift in investor engagement.

Despite the recent positive momentum in the market, the AAVE price seems to be back under bearish pressure over the past day. As a result of the dwindling sentiment, the price of AAVE has dropped beneath the psychological $200 level in the last 24 hours.

AAVE's technical indicators and whale buys hinted at a possible breakout if key levels are surpassed.

This week has been marked by significant volatility. Many cryptocurrencies briefly plunged to multi-month lows amid widespread market uncertainty triggered by Donald Trump's trade wars.

Cardano (ADA) was also among the underperformers, falling 2.9%.

Aave (AAVE) has been making headlines recently after breaking out of a descending wedge pattern, which raised an 11.78% price surge. As of writing, Aave is trading at $232, showing substantial bullish momentum.