Aave has integrated Chainlink ACE to bolster institutional compliance, aiming to enhance its ecosystem's robustness. Concurrently, the Aave DAO has initiated a $50 million annual buyback plan, leveraging $98.3 million in fees and a total value locked (TVL) of $35 billion. This strategic move is designed to support Aave's price, which analysts suggest has key support levels between $150 and $160. The initiative aims to prevent a drop below these levels, with potential price targets reaching up to $538 by the end of the year.
Aave Integrates Chainlink ACE, Launches $50M Buyback to Stabilize Price
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