Aave's V4 upgrade is poised to significantly enhance the DeFi landscape with new features such as cross-chain liquidity and the introduction of the GHO stablecoin. Currently in its beta phase, the upgrade aims to boost capital efficiency and improve borrowing dynamics. Following this development, Aave (AAVE) has surged past the $300 mark, trading at approximately $323.
Market analysts suggest that AAVE could potentially rise to the $400-$420 resistance level, with some forecasts even predicting a climb to $650. The weekly chart indicates a robust bullish trend, as AAVE stabilizes after a previous correction to the $180-$200 range. The V4 upgrade is expected to fortify Aave's infrastructure and enhance market participation, paving the way for further growth.
Aave's V4 Upgrade Propels AAVE to $323, Targets $400 Resistance
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