Aave breaks through the $330 mark! TVL exceeds $30 billion, V4 upgrade may trigger a new round of pump.

Aave Lock-up Position has risen by 57% this year, and protocol revenue continues to climb According to DefiLlama data, as of July 16, Aave's total Lock-up Position (TVL) has surpassed $30 billion, a rise of nearly 57% compared to $19 billion at the beginning of the year. The protocol's monthly revenue has also performed impressively, increasing from $30 million in April to $40 million in May, and further climbing to $48 million in June, with total fee revenue exceeding $1.4 billion. The simultaneous rise in TVL and fees indicates that Aave's leading position in decentralized finance (DeFi) is becoming increasingly solid.

Aave V4 Major Upgrade Drives Market Sentiment Higher On June 30, Aave founder Stani Kulechov officially announced the preview of Aave V4 at the Ethereum Community Conference (EthCC). The new version will introduce core upgrades such as a unified liquidity layer, cross-chain lending support, and dynamic risk control, while also integrating more deeply with Aave's native stablecoin GHO.

Analysts point out that if the new version is successfully launched and widely adopted, the price of AAVE is expected to break through the $400 barrier.

Structural reforms in the ecosystem assist in long-term value rise In addition to the protocol upgrade, Aave has made significant adjustments in ecosystem development. In April, Aave Labs announced changes to the "Aavenomics" mechanism and launched the AAVE token buyback plan to optimize the token supply structure and enhance long-term value support.

In May, Aave announced the acceptance of Uniswap V4 version LP tokens as collateral, allowing users to obtain borrowing limits by staking their Lock-up Position, providing more flexibility for DeFi users.

AAVE technical analysis is approaching a key breakout point From a technical analysis perspective, AAVE's current price is stabilizing above key moving averages. The 10-day Exponential Moving Average (EMA) is at $308, and the 20-day EMA is at $294, indicating a positive short-term trend.

The current coin price is close to the upper Bollinger Band (around $331), indicating that the price is in a strong range. The Relative Strength Index (RSI) is at 68.7, approaching the overbought threshold; the MACD indicator remains in the bullish zone, although there are slight signs of momentum slowing down.

If the market momentum temporarily stagnates, AAVE may consolidate around $306 or $288. However, if it successfully breaks through the resistance at $330, AAVE could open up an upward space towards $350.

Conclusion: Fundamentals and Market Sentiment Resonating, AAVE Welcomes Structural Opportunities Under the multiple drives of protocol upgrades, TVL hitting new highs, and optimizations in the token economic mechanism, AAVE is gradually emerging from a strong rising channel. Although there is short-term consolidation pressure, on-chain data and technical analysis suggest that AAVE has the potential to continue its upward trend and is one of the blue-chip assets worth paying attention to in the current DeFi space.