AAVE Price Eyes All-Time High as Active Addresses and DeFi TVL Surge
Key Highlights:
- AAVE price has surged for five consecutive weeks amid rising active addresses.
- Donald Trump’s World Liberty Finance purchased over $2 million worth of AAVE tokens.
- AAVE could reach its all-time high if the current bull cycle sustains momentum.
The AAVE price has paused near the critical resistance level of $400 following a strong rally that began in April. This uptrend coincides with increased accumulation by large investors and a surge in active addresses, signaling a potential continuation of the bullish momentum.
AAVE Price Rises 420%
AAVE has been one of the top-performing DeFi tokens, climbing 420% from its April lows and approaching a market valuation of $5.6 billion, making it the 27th largest cryptocurrency.
The rally gained additional traction after Donald Trump’s World Liberty Financial (WLFI) chose AAVE as a service provider and acquired 6,137 tokens worth $2.28 million. This investment is significant due to WLFI’s connections to Trump and his family, further boosting investor confidence.
DeFi TVL and Active Addresses on the Rise
The total value locked (TVL) in AAVE’s ecosystem has soared to record levels. According to DeFi Llama, AAVE’s TVL now exceeds $23.2 billion, up from the year-to-date low of $7.53 billion. In ETH terms, its TVL has risen to 5.8 million ETH, reflecting sustained growth.
Simultaneously, the number of active AAVE addresses has spiked. IntoTheBlock data shows that active addresses with balances have climbed to 166,000, surpassing July’s low of 160,000. Additionally, large transactions hit 828 on December 16, the highest level since December 12, indicating increasing investor optimism. 
AAVE Technical Outlook: ATH in Sight?
AAVE’s price has consistently broken key resistance levels, including the critical $300 psychological mark and the March swing high of $152.68. Currently, AAVE faces resistance near $375, a major pivot level on the Murrey Math Lines.
Technical indicators remain bullish, with AAVE trading above its 50-week and 25-week moving averages. If AAVE breaches the next resistance at $460—its October 2021 swing high—it could consolidate and form a bullish flag or pennant continuation pattern. Such a breakout could drive AAVE toward its all-time high of $667, approximately 80% above current levels. 
Key Levels to Watch
- Bullish Confirmation: AAVE surpassing $460 resistance.
- Bearish Invalidation: A drop below the key support at $250.
If the bullish scenario holds, AAVE appears well-positioned to challenge its previous all-time high, fueled by rising TVL, investor accumulation, and strengthening market sentiment.
