Launched in November 2017, Aave was previously known as ETHLend, a name that attests to its primary function as a money market protocol. After rebranding to Aave in September 2018, the project became one of the leading DeFi protocols, supporting the lending and borrowing of crypto with up to 20 different assets accepted as collateral.
Aave’s native token trades under the ticker symbol “AAVE”. It recorded exponential growth during the 2021 crypto bull market and many analysts believe it still has high growth potential. In this Aave price prediction guide, we’ll explore short-, medium and long-term AAVE price forecasts, including other important information you should have before buying the coin.
Aave Price Prediction Summary
- End of 2024: The 2024 Bitcoin halving is expected to create a positive trend that will resonate throughout the crypto market for months. Its effects are already noticeable on AAVE price, among assets. Based on our estimations, AAVE could reach $220.14 before the end of 2024.
- End of 2025: A crypto bull market is already on the horizon and we expect it to peak sometime in 2025. Depending on how the market shapes up and how AAVE responds to the market factors, we estimate a maximum AAVE price in the region of $376.68 before the end of 2025.
- End of 2027: The crypto space is developing at an impressive pace and a lot could change by 2027. Due to institutional interests and other positive market developments, AAVE price in 2027 could rise significantly to reach a maximum of $630.78 per token.
- End of 2030: In just three years, Aave protocol has expanded across 8 networks and over 15 markets. Before 2030, we anticipate significant growth that will position it as one of the most valuable DeFi applications. Therefore, our 2030 Aave price forecast is $1,460.20 per token.
Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.
Aave (AAVE) Price History
The Aave Protocol was founded by Stani Kulechov in Switzerland in 2017. The team raised over $17 million during Aave’s initial coin offering (ICO). However, the project did not fully kick off until 2020.
When Aave tokens launched on major cryptocurrency exchanges in October 2020, the initial price, according to Coinmarketcap data, was $52.67. The price declined in the weeks that followed. By November 5, 2020, AAVE reached its all-time low price of $26.02, according to Coingecko data.
AAVES recovered significantly after the initial price decline, just in time to take advantage of a major crypto bull market. By December 28, 2020, it was already trading at $77.59 per token.
Aave token rallied significantly in early 2023, moving from an average price of $88 on January 1 to around $300 on February 1, 2021. The impressive price rally continued and by February 11, the token was worth as much as $524.81.
Between the last weeks of February and April, Aave price fluctuated significantly, ranging from $299 to $450. It picked momentum again in early May, eventually reaching an all-time high (ATH) price of $666.86 on May 18, 2021.
AAVE Price History – Post ATH
Soon after hitting its current ATH, Aave price declined sharply in the following week, reaching as low as $293.32. By the last week of June, it had dropped to a new low in the region of $220. The token attempted to recover again, just as the rest of the market was rallying but still came up short.
Though Aave reached $420 in early September 2021, it dropped to around $182 in mid-December 2021. By early January 2022, it traded in the region of $268 per token. AAVES price dropped to around $131 per token in late February 2022 but went up again to $242 in early April.
Aave price dropped below the $100 mark for the first time in many months around mid-May 2022. It traded within that range until mid-August when it briefly touched $107.58 before declining further to reach $57 in late December 2022.
AAVE started 2023 at around $51 per token. It fluctuated throughout the year, responding to the different big pieces of news within the crypto industry, such as SEC suing Binance and its CEO and the same SEC charging Coinbase for selling unregistered securities.
For the most of 2023, AAVE traded between $50 and $75. However, the anticipation of a looming bull market has pushed the price upward. It tested the $100 mark again on November 6 and has remained relatively strong as 2023 runs out.
Key Points in Aave Price History
- Aave protocol was conceptualized as ETHLend in 2017 but rebranded to Aave before the project was fully launched
- During its ICO, the Aave team raised over $17 million
- When AAVE debuted on major altcoin exchanges, its initial price was in the region of $52
- After a short-lived initial price decline, Aave experienced exponential growth in December 2020 and the first few months of 2021
- During a major crypto bull market, AAVE reached its all-time high price of $666.86 on May 18, 2021
- Days after reaching ATH level, AAVE experienced a sharp price decline but recovered significantly in the weeks and months that followed
- Aave token performed decently in 2022 but was uninspiring for most of 2023
- During the last couple of months in 2023, AAVE price has gained significantly, testing the $100 margin once again
Aave Price Prediction 2024
At the time of writing this post, an objective appraisal of Aave price chart will reveal that it has entered another growth phase. While the token price fluctuated throughout 2023, it was unable to rise above a certain threshold. However, in November and December 2023, the growth pattern is noticeably positive.
While several factors can push Aave price upward, the anticipation of an impending bull market is mostly responsible for the recent growth. The crypto market is recovering from the extended bear market. Bitcoin is championing the resurgence and many altcoins are following in the positive steps.
But how exactly do we know that a bull market is coming? Crypto analysts and market insiders understand Bitcoin Cycle and what it means to the wider crypto market. Bitcoin halving, which happens every four years, is scheduled for April 2024 and is widely believed to be responsible for the positive market trends we’ve observed in the past couple of months.
Historically, Bitcoin Halving ushers in a bull market. The beginning and end of a particular bull market may vary from one to another, however, they are mostly linked to Bitcoin halving and supported by other major market updates.
While the impact of the upcoming Bitcoin halving event is being felt already we anticipate that it will become more pronounced in early 2024. After the event, prices of digital assets will most likely skyrocket. Ultimately, 2024 is projected to be a good year for the entire crypto market.
Based on how AAVE responds to the changing market condition, the price of the asset may rise further going into 2024. Based on our analyses, Aave price prediction estimates a maximum price of $220.14 before the end of 2024.
Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.
Aave Price Prediction 2025
The positive condition of the crypto market in 2024 will most likely extend into 2025. A bull market normally lasts up to 18 months and the next one could last a lot longer. 2025 may turn out to be the year most digital assets will establish new ATH values.
As for Aave token, several key factors can result in sustained price growth for the next couple of years. As a leading DeFi protocol, it can attract many new users as the market becomes busier and more profitable.
In just three years, Aave has been able to establish itself as a tested and trusted DeFi protocol. It currently serves both individuals and institutional users. It has expanded meaningfully and added the right features to cater to the needs of different users, becoming a lot more attractive in the process.
According to dAppRadar, Aave is the second-largest Ethereum DeFi app based on transaction volume, behind 1Inch Network. One of the factors that contributed to this growth is Aave Arc, a feature that facilitates seamless institutional access to DeFi pools. It has established a booming permissioned DeFi market where all participants are KYC/KYB verified and AML compliant.
Aave’s demonstrated leadership in the DeFi space will become even more prominent as the market experiences another favorable season. We anticipate that the majority of important metrics (including daily users and daily transaction volume) will increase meaningfully in the next few years.
As per our Aave price forecast for 2025, we expect the price of the token to rise as the fortunes of the protocol improve. Overall, we estimate that AAVE price in 2025 could rise to as high as $376.68 per token.
Aave Price Forecasts 2027
Depending on how the wider crypto market shapes up in 2027, chances are high that Aave will still have a great year. A lot could happen before then, but we expect things to turn out great for the ever-changing digital economy. We also believe that assets like Aave, which have practical use cases, will benefit from a flourishing crypto market.
Recent events suggest that cryptocurrencies will become a lot more acceptable in the years to come. Though regulators in different countries and regions continue to battle some crypto entities for both serious and trivial issues, the global crypto market continues to develop at an impressive pace.
The possibility of Bitcoin ETFs hitting the market soon is high. Blackrock’s Bitcoin ETF team has held several meetings with the SEC, and it appears a favorable outcome is on the horizon. An approval could spell the beginning of something huge for the wider crypto market.
Considering that Ethereum is arguably the biggest altcoin in the blockchain industry, an Ethereum ETF could also become a possibility in the future. This could attract several more institutional investors to Ethereum DeFi protocols, of which Aave is one of the largest.
While being optimistic, we also need to consider the possibility of regulatory bodies going hard on cryptocurrency projects. Regulatory and legal issues could hamper growth in the market. The level of impact will depend on various known and unknown factors.
Obviously, Aave price in 2027 will depend on several intertwined factors. However, the signs are positive and we anticipate better times ahead. Based on the factors considered so far, our Aave price prediction for 2027 is a maximum price level of $630.78 per token.
Aave Price Prediction 2030
While Aave appears ideal for short-term investment needs, its long-term potential is even more appealing. If you are considering AAVE for long-term investing, then 2030 is a strategic year to keep an eye on.
Firstly, we need to admit that the wider crypto market will undergo several ups and downs before 2030. However, we also need to agree that the possibilities ahead are much and that the industry could grow to become a lot more liquid, valuable and profitable. Top altcoins with long-term potential, including Aave, could make all the difference in 2030.
One of the reasons we consider AAVE a top asset with potential is the way the protocol has evolved over the years. In addition to enabling lending and borrowing of assets and earning of interest, Aave now supports the building of applications.
As hinted earlier, Aave will be able to attract several new users in the future. It will also attract willing developers who could play several roles to expand its ecosystem. Thanks to its many encouraging features, Aave may become one of the most recognizable protocols in the DeFi space and the benefits that will come with that will be massive.
Aave’s governance structure also makes it an attractive investment option for crypto enthusiasts. It is a fully decentralized, community-governed protocol where every member can submit a proposal and vote on other proposals to determine changes to be made.
Based on our findings, Aave has a positive long-term price prospect. Depending on various factors, it could gain significantly before 2030. However, our 2030 Aave price prediction estimates that the token will reach a maximum price of $1,460.20 before the end of the year.
Aave Price Prediction 2040
Knowing that the crypto market and the all-encompassing blockchain industry are still riddled with uncertainties, a really long-term Aave price forecast is tricky. However, we can juxtapose different related factors to determine how AAVE price movement will play out.
Firstly, we need to consider what AAVE was able to do within its first few years of trading on cryptocurrency exchanges. From the previous sections of this article, we can see that AAVE moved from its initial price of around $50 to over $660 in just seven months. While some may argue that this was because it entered during a bull market, we must realize that several other bull markets will come.
Considering what AAVE did in months, we can anticipate mind-blowing price changes going into 2040. It is expected that the crypto market must have advanced so well in 2040 and we strongly feel prices of assets will be significantly higher than what obtains now.
We must also recognize Aave’s ability to attract and collaborate with other entities within the crypto scene and beyond. It has already expanded to 8 different networks and over 15 markets in the past three years. Many more partnerships and collaborations could see it grow a lot bigger in the next decade.
As institutional investors increase their stakes in the crypto niche, we expect a properly-formulated global regulatory framework that will protect the interests of everyone. Business leaders and other experts are beginning to understand that crypto is the future, so we anticipate several positive developments before 2040.
Based on how the entire market develops, AAVE could become a lot more valuable in the future. Our analyses indicate that the protocol will improve its market share and overall value as we approach 2040. Our 2040 Aave price forecast, therefore, is $2,117.50 before year-end.
Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.
Potential Highs and Lows of AAVE Price
Of course, it’s almost impossible to predict the actual future price of a digital asset with certainty. Just like other crypto tokens, Aave will continue to fluctuate in the future. So, it is easier to work with a price range when planning an Aave investment.
In the table below, we’ll present potential high and low prices of Aave tokens for the years we’re dealing with:
| Year | Potential High | Potential Low |
| 2024 | $220.14 | $107.06 |
| 2025 | $376.68 | $216.50 |
| 2027 | $630.78 | $510.70 |
| 2030 | $1,460.20 | $916.40 |
| 2040 | $2,117.50 | $1820.85 |
Expert Opinions – What Other Analysts Predict for AAVE Price
Though our Aave price forecast(s) are based on in-depth research and algorithmic-based analyses, they are not infallible. Therefore, it will be sensible that you get an idea of what other analysts are saying before making a decision.
Below, we’ll sample the opinions of other analysts providing Aave price predictions for other online media outlets:
“The price of 1 Aave is expected to reach at a minimum level of $170.37 in 2024. The AAVE price can reach a maximum level of $197.45 with the average price of $175.06 throughout 2024.”
Priceprediction.net
“AAVE could still experience the after-effect of the Bitcoin halving and is expected to trade above its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, AAVE will continue to rise in 2025 forming new resistance levels. It is expected that AAVE would trade beyond the $219 level.”
Coinedition.com
“Aave present price range might interest many traders and because of this, AAVE can reach $575.29 by 2027 with substantial cooperation with financial institutions… With an average price of $510.26 for 2027, it can beat the latest price trend to reach new highs.”
Technewsleaders.com
“The year 2030 will be determined by the maximum AAVE price of $1,695.74. However, its rate might drop to around $1,387.52. So, the expected average trading price is $1,427.59.”
Changelly.com
“As per our long-term Aave price forecast, we may expect an average price of $1,519.04 in 2040. Our maximum price prediction for Aave is $1,901.14. If the market gets bullish, Aave may surge more than our Aave price forecast in 2040… The minimum price level of Aave can be around $1,315.18 if the market gets bearish.”
Telegoan.com
What is Aave and What is it Used For?
We can describe Aave as a decentralized finance (DeFi) protocol that allows for the lending and borrowing of crypto assets. Like many other DeFi protocols, it facilitates the creation of non-custodial liquidity markets where participants can supply or borrow varying digital assets without middlemen.
As the definition clearly shows, Aave is used for lending and borrowing digital currencies. It is also used for earning interest on deposited crypto assets. Originally launched as EthLend, it rebranded years ago and swapped its LEND tokens for AAVE tokens.
AAVE is the native token of the Aave protocol. It serves as both a utility and governance token. It is also recognized as a digital asset with growth potential. AAVE is widely used within its ecosystem for lending, borrowing and earning interest. It is also listed on major crypto trading platforms as a volatile digital asset.
What Influences the Price of Aave Token (AAVE)?
Just like most other digital assets, Aave responds to several factors within and beyond the crypto market. One of the factors that affects its price most is the condition of the wider crypto market. AAVE will mostly likely gain if the market is favorable and lose when the market is generally declining.
AAVE price is also affected by investor sentiment. When buyers view AAVE negatively, its price will most likely drop. However, when the sentiment is positive, AAVE value can grow. The token also responds to developments within the DeFi niche and the wider crypto markets. Positive pieces of news drive prices up while negative news/commentaries have a negative effect on price.
Is AAVE a Buy?
According to our Aave price prediction, AAVE will go up in the years to come. This implies that the token could be a profitable asset to trade. For months, AAVE tokens have traded at cheap prices, only gaining substantially in the past month. However, analysts believe it will trend higher.
If your intention to buy AAVE is primarily to make profit, then the token could be a good buy at the moment. It is projected to grow significantly in the years to come, potentially yielding huge profits.
Judging by its qualities and features, it is safe to regard Aaves as one of the most attractive DeFi protocols. Its decentralized governance and non-custodial structure make it difficult to manipulate. It also has a Safety Module that acts like an insurance fund for token holders and liquidity providers. Therefore, AAVE can be considered one of the top trending and attractive cryptos to buy now.
Aave Price Prediction – Conclusion
In this Aave price prediction guide, we’ve covered the most important things you need to know before deciding to buy Aave. Based on its price history, we can tell that the digital asset has growth potential. Our expert analyses and forecasts agree with this assertion.
AAVE is the utility and governance token of a well-established and successful protocol. We must also mention that Aave protocol has high-grade security features in place to prevent attacks and protect users’ assets. It is reliable and attractive, hence commands a positive price outlook.
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Cryptoassets are a highly volatile unregulated investment product.
More Coin Price Predictions Reviews
If you’re looking to buy cryptos, then you might want to check out some of the other forecasts posted by the Crypto2Community team.
- Bitcoin Price Prediction 2024 – 2030
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References
- https://coincodex.com/article/25377/next-crypto-bull-run/
- https://coinmarketcap.com/currencies/aave/
- https://www.coingecko.com/en/coins/aave
- https://www.cnbc.com/2023/06/05/sec-sues-binance-and-ceo-changpeng-zhao-for-us-securities-violations.html
- https://www.sec.gov/news/press-release/2023-102
- https://cex.io/bitcoin-halving
- https://blockworks.co/news/blackrock-etf-team-meetings-sec
- https://aave.com/
- https://hedera.com/learning/decentralized-finance/defi-trends
FAQs
What was AAVE’s highest price ever?
According to Coinmarketcap data, the highest-ever recorded price of Aave token was $666.86. This ATH price was recorded on May 18, 2021, during a crypto bull run
Will AAVE go up?
Yes, AAVE price will likely go up in the months to come. Our AAVE price analysis shows that the asset has already started to appreciate and our forecasts indicate that it will rise further in the years to come
Will AAVE bloom in 2024?
Yes, AAVE will likely bloom in 2024. It is expected that the upcoming Bitcoin halving will usher in a bull market, and top altcoins like AAVE will ride the wave to reach higher price levels
What will AAVE be worth in 2025?
Based on the results of our analyses, AAVE is projected to reach a high price level of $376.68 before the end of 2025
What is Aave price forecast for 2027?
Depending on how the market plays out in the next couple of years, AAVE price could reach new heights in the region of $630.78 before the end of 2027
How much will AAVE be worth in 2030?
Depending on how the wider crypto market performs in the years to come, AAVE has the potential to reach a new high price level of $1,460.20 in 2030
What is Aave price prediction for 2040?
A lot could happen before 22040. However, our long-term AAVE price forecast indicates that the token could be worth as much as $2,117.50 by 2040
Will AAVE reach $1000?
Yes, AAVE has the potential to reach the $1000 mark. The token was able to move from around $52 to over $666 in less than a year. It could skyrocket in the future and reach $1000 per token
Is this a good time to buy Aave token?
Yes, this could be a good time to buy AAVE. The price of the token is on the rise and it is best to buy when the price is still relatively low compared to when it gets very high
Is AAVE a good investment?
AAVE could be a solid investment for those who have the risk appetite to invest in volatile digital assets. Our forecast indicates that the price of the asset will rise considerably, implying that holders and potential buyers could sell later for huge profits