Share this article
Aave Rebounds Above $230 Confirming Double-Bottom Reversal
On the news front, Aave said it would expand its collateral assets with Maple Finance's institutional-grade yield tokens.
Oct 21, 2025, 5:45 p.m.
Make us preferred on Google
What to know:
- AAVE advanced 2.5% to $232, reversing an overnight selloff and breaking above $224.50 resistance early Tuesday afternoon.
- A double-bottom formation near $220 held, supported by an 87% surge in trading volume.
- Aave will begin listing Maple’s institutional-grade assets as collateral in a new strategic partnership.
In this article
The governance token of Aave , the world's largest decentralized lending protocol, advanced 2.5% on Tuesday afternoon above $230, recovering from an overnight selloff.
The token pushed through key resistance levels, confirming a double-bottom support zone between $220 and $221.13 and triggering a reversal as volume spiked nearly 90% above daily averages, according to CoinDesk Research’s analytics model. The breakout above $224.50 signaled renewed buying interest, capped by institutional accumulation in the final minutes of trading.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The move happened as the broader crypto market bounced, as a selloff in gold and silver pointed to renewed appetite for risk assets.
Aave also unveiled Tuesday a partnership with Maple Finance (SYRUP) to onboard institutional-grade assets as new forms of collateral. The integration will start with syrupUSDT, followed by syrupUSDC — products backed by Maple’s managed yield strategies — to be used for borrowing across Aave’s lending markets, beginning with its Plasma and core markets.
The collaboration aims to bridge institutional capital and DeFi liquidity. Maple, which manages billions in onchain lending volume, brings allocators and borrowers seeking consistent yield. Aave, with over $3.2 trillion in lifetime deposits since its 2020 launch, offers the liquidity depth to absorb that demand.
For users, this means higher-quality collateral and more stable borrow demand. For the protocol, it could support Aave’s variable-rate model through a broader base of non-volatile, creditworthy assets. In a volatile macro environment, the move signals a shift toward more predictable, capital-efficient lending mechanics in DeFi.
Technical analysis
Key technical levels signal a potential reversal for AAVE, CoinDesk Research's analysis model suggested.
- Support/Resistance: Double-bottom support holds at $220.00-$221.13 zone.
- Volume Analysis: Massive 87% surge above daily average during breakdown followed by concentrated accumulation.
- Chart Patterns: Downtrend with lower highs reversed by double-bottom formation and decisive breakout above $224.50 resistance confirms reversal potential.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
Більше для вас
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
Що варто знати:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
Більше для вас
Silver nears $1 billion in volume on Hyperliquid as bitcoin remains frozen: Asia Morning Briefing
Silver perps have more volume on Hyperliquid than SOL or XRP.
Що варто знати:
- Silver futures on the Hyperliquid crypto derivatives exchange have surged to become one of its most active markets, ranking just behind bitcoin and ether in trading volume.
- The SILVER-USDC contract’s high volume, sizable open interest and slightly negative funding suggest traders are using crypto infrastructure for volatility and hedging in macro commodities rather than for directional crypto bets.
- Bitcoin is holding near $88,000 in a "defensive equilibrium" with cooling ETF inflows, uneven derivatives positioning and rising demand for downside protection, while ether lags and capital rotates toward hard assets like gold and silver.
Top Stories
