The entire crypto market has turned bearish, pushing several top cryptos' prices down, including Bitcoin (BCT) and Ethereum (ETH). However, the Bitget Token (BGB) price decoupled from the market as it registered promising gains in the last 24 hours.
Maker (MKR) price rallied over 44% in the past week. The DeFi token holds steady even as large wallet investors and whales holding MKR take profits in the ongoing price surge.
Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and USDC across five blockchain networks while retaining self-custody of assets.
The cryptocurrency market has witnessed significant activity surrounding Maker (MKR), a token that has surged by 50% in recent times. While this price movement has attracted much attention, the involvement of whales—large holders—adds an additional layer of complexity to the market dynamics.
Trading activity in the crypto market has picked up this week, with the global cryptocurrency market cap rising by 2% over the past seven days.
MKR surged 50%, attracting whale activity as a major holder sold for a $418K profit. With resistance at $1,450, traders await a breakout or potential correction driven by liquidations.
Maker (MKR) price has defied the broader crypto market's recent turbulent action, rallying over 75% in a week. The DeFi cryptocurrency recently witnessed a staggering $156 million token burn, which appears to have fueled a price upswing.
Cryptocurrency prices had a mixed performance this week as investors focused on the recent Federal Reserve minutes and the ongoing Bitcoin consolidation. BTC price remained below $100,000, while the crypto fear and greed index moved to the fear zone. Still, there were some standout coins like Maker (MKR), Pyth Network (PYTH), and Alchemy Pay (ACH).
Digital tokens witness limited recoveries as Bitcoin attempts a break past $97K. While bulls fight for control, AAVE remains poised for continued struggle after resistance rejection. AAVE failed to steady above $270 after rallying to $277 on Monday. The sharp rejection saw the alt plunging to $249 the following day.
Maker (MKR) has faced a strong resistance at $1,220 and reclaimed the 20-day EMA after a strong bullish move.
MKR is making a strong comeback after months of decline, thanks to renewed interest from whales and smart money investors. According to crypto.news data, Maker (MKR) jumped 11% to an intraday high of $1,197 on Feb.
While cryptos remain weak amid pessimistic macro developments, Maker (MKR) displayed resilience with substantial price gains over the past week. The altcoin trades at $1,196 after gaining 10% and over 25% in the past day and week. On-chain data indicates continued gains as Maker's record high daily revenue on Feb 10 bolstered the alt's strength.
Maker (MKR) is currently defying broader market trends and showing strong potential for a 50% rally. At a time when many assets are experiencing price corrections, MKR has been making bullish moves, surging over 14% in a 24-hour period.
Following the recent bullish breakout, Maker could soar by 50% to reach the $1,600 level.
Aave (AAVE) has demonstrated promising signs of a potential price reversal, bouncing from its accumulation zone and experiencing a 5.07% increase in the past 24 hours, bringing its current price to $267.39. This upward movement has created optimism in the market as traders remain focused on whether AAVE can break free from its ongoing consolidation and continue to climb.
In this bearish market trend, where major assets are struggling to gain momentum, MakerDAO (MKR) has outperformed major cryptocurrencies and defied the market trend. As of today, February 18, 2025, MKR has gained 7% in the past 24 hours, topping the crypto market and showing signs of a potential price rebound.
AAVE shows reversal signs with key resistance levels ahead, indicating potential for further gains.
The quick gains and effortless profits had attracted many towards the memecoin space. New tokens were constantly been launched and within a few moments faced a massive rug pull.
AAVE, one of the leading decentralized finance (DeFi) platforms, has been experiencing notable developments in its ecosystem. Over the past year, the platform has witnessed significant growth, with net deposits exceeding $20 billion.
AAVE has seen over $20 billion in net deposits over the past year Ethereum Foundation's
Spot On Chain data has revealed that The Ethereum Foundation supplied 10,000 ETH each to Spark and Aave, valued at approximately $53.4 million. The foundation has supplied 30,800 ETH in total to Aave today, worth a little over $85 million, with 10,000 ETH going to Aave Prime and 20,800 ETH going to Aave Core.
Both Lens and GHO originate from the developers behind lending protocol Aave, now operating under the Avara umbrella.
Solana price (SOL) price remains below the $200 mark, struggling to regain momentum. The cryptocurrency has dropped 10% in the past week amid broader market uncertainty.
TL;DR Aave proposes deploying on Soneium, a Layer 2 blockchain by Sony, to leverage its scalable infrastructure and extensive distribution network. The integration aims to attract new users and deepen liquidity, enhancing Aave's position and expanding DeFi opportunities on Soneium.
This proposal, part of a “Temperature Check,” aims to gauge community interest in tapping into Soneium's ecosystem. Soneium is designed for mainstream adoption with a focus on DeFi, gaming, NFTs, and entertainment applications.
AAVE has recently demonstrated notable bullish momentum, gaining 5.2% in the past week and 1.12% in the last 24 hours. Trading at $250.83 at press time, the cryptocurrency has been showing signs of stabilization, with key levels of support and resistance indicating the potential for further upward movement.
Cryptocurrencies displayed optimism on Tuesday as Bitcoin becomes immune to tariffs' developments. While altcoins mirrored the enhanced sentiments, Aave stole the show with an over 6% daily uptick. Coinmarketcap shows AAVE jumped from the opening price of $245 to the resistance at $260 within the past day.
AAVE surges 5.2% this week as bullish trends emerge. Key levels and market activity analyzed!
The co-founder of Solana Labs Anatoly Yakovenko claimed Kamino produced more value than Aave, despite the lower value locked in its lending vaults.
The founder of Aave downplayed Solana's Kamino during an argument with the president of the Solana Foundation and the co-founder of Solana Labs about decentralized money markets on X. Alex Svanevik, founder of Nansen, questioned the absence of Aave on Solana, which currently boasts Kamino as its largest money market protocol.
Several events are in the pipeline for the crypto market this week, including updates in the Aave, Bittensor, and Jupiter ecosystems, US economic data, earnings calls, and key token unlock events.
The DeFi sector witnessed significant turbulence this week, with major tokens recording substantial losses. Meanwhile, BitLemons ($BLEM) h
AAVE declined for the second consecutive week, mirroring the performance of most altcoins as tariff risks remained a concern. AAVE (AAVE) token fell to a low of $196.
Arbitrum has deployed Balancer V3, a major upgrade that enhances network liquidity through advanced automated market maker features.
Litecoin (LTC) joined Aave (AAVE) as a top performer, rising 3.7%.
The DeFi tokens category saw an uptick on Wednesday while the biggest crypto, Bitcoin, remained under immense selling pressure. High-rolling traders have quickly moved to profit-taking mode, dumping top DeFi tokens like Aave (AAVE), Chainlink (LINK), and Uniswap (UNI).
AAVE rallied over 9% over the past day amid community hype around its potential launch on Sonic blockchain and an uptick in whale accumulation. Aave (AAVE) rebounded to an intraday high of $274.91 on Feb. 5, gaining 9.
Altcoins like Floki, AAVE, Jasmy, and ApeCoin are seeing increased whale activity as volatility in the crypto industry rises. Floki (FLOKI), a popular meme coin, saw its whale activity increase by 286% in the last seven days.
Aave [AAVE] has seen substantial liquidations, totaling over $200 million in the past 24 hours amid market volatility, marking the largest liquidation event on the platform since August 2024. Despite these losses, Aave's underlying structure has proven resilient, with bad debt decreasing and the overall health of the system remaining intact.
Decentralized lending protocol Aave has successfully processed $210 million in liquidations without adding to its existing bad debt. Data from Chaos Labs shows that following Monday's flash crash, which wiped out roughly $2.
Aave has demonstrated remarkable resilience during a period of high market volatility, managing $210 million in liquidations.
Aave has proven to users that DeFi protocols can now handle liquidations in the face of market distress.
Aave aced the market's stress test, processing millions in liquidations without taking on new bad debt.
Aave saw over $200 million in liquidations amid market volatility, but bad debt decreased, showing resilience.
AAVE price crashed to a two-month low as cryptocurrencies retreated amid US inflation risks after Trump's tariffs. Still, the AAVE coin has formed a hammer pattern, pointing to a 65% rebound as its founder cheers its resilience during the crypto sell-off.
The past week was one of two distinct halves for the AAVE price, which initially kicked off with a bearish downturn beneath the $300 mark. The DeFi coin has since shown strong signs of recovery, jumping to as high as $340 on Friday, January 31st.
AAVE's short-term price action will be dictated by a few key factors.
With Lightchain AI's presale price at $0.005625 per token and over $14.2 million raised, this AI-powered blockchain project is gaining attention as a must-buy asset for investors seeking long-term value and exponential growth potential.