AAVE's price surged 9% to $205 after the Federal Reserve announced a rate cut, sparking optimism among traders. The recent V4 upgrade has been a significant factor, enhancing the risk-to-reward ratio with its new liquidation engine designed to improve capital efficiency and risk management. In the past 24 hours, open interest in AAVE increased by $34 million, and the number of on-chain receiving addresses reached 1,200. Additionally, weekly fees for AAVE rose to $15.47 million, indicating growing activity and interest. Key support and resistance levels are emerging around $223, suggesting potential future price movements.