AAVE Price Soars Amid New Lending Market Launch, Institutional Interest

AAVE's price has been on the rise since its June low near $70. The token currently trades at around $88, up roughly 42% over the past 30 days.

In June, Aave's smart contracts were compromised due to a vulnerability in Kelp DAO's bridge, which led to a sharp decline in deposits across the protocol and a drop in AAVE's price. However, with the launch of its new lending market on the Monad blockchain, AAVE has seen an influx of over $100 million in deposits within 48 hours.

Standard Chartered has issued a multi-year price target for AAVE, predicting it could reach $3,500 by the end of 2030. Grayscale Research also values AAVE's fair price at $80 to $100 today, with a one-year target near $175.

The AAVE price prediction for July 2026 is mixed, with some experts expecting the token to break through resistance and reach as high as $95 to $100, while others predict it will fall back towards its June low of around $70 if there's a broader crypto risk-off move or fresh stress in DeFi.