AAVE Price Rallies 16% as $3,500 Prediction Fuels DeFi Rally

AAVE’s price rallied nearly 16%, drawing renewed attention to decentralized finance as bullish projections reignited sentiment. Traders are now watching the $90–$100 resistance zone, after a technical breakout and a shift in derivatives activity put the $100 level in focus. The move was accompanied by futures volume surging more than 206% to about $864 million, with open interest rising 23% to nearly $291 million, while spot trading volume surpassed $100 million. Standard Chartered is cited as a key driver, forecasting AAVE could reach $3,500 by 2030, supported by its position in decentralized lending and growth in total value locked. If AAVE clears $100, the article suggests momentum could extend toward the 200-day moving average near $115, within a broader DeFi recovery context.