Aave (AAVE) has experienced a significant price drop, falling 10% to $250 as the broader cryptocurrency market faces bearish pressure. The token has broken below its key support zone of $270–$265, marking a 25% decline over the past month. On-chain data reveals $11.26 million in net outflows, suggesting panic-driven selling among investors. Despite the recent v4 upgrade, Aave has struggled to maintain upward momentum. The 24-hour trading volume surged by 159% to $593 million, yet the Relative Strength Index (RSI) has plummeted to 20.9, indicating oversold conditions. Analysts caution that further declines could occur in September if market sentiment remains negative.