Coinbase Integration Propels AERO to New Heights: $1.12 Target in Sight
Aerodrome Finance's AERO token has experienced a significant surge, climbing 25% in just 24 hours to break past the $1.07 mark. This rally comes on the heels of Coinbase's new decentralized exchange (DEX) feature integration, which has brought institutional liquidity to projects on the Base blockchain. As the dominant DEX on Base, Aerodrome is now poised for unprecedented retail exposure, thanks to Coinbase's vast user base of 110 million verified users. Technical indicators are flashing bullish signals, with AERO clearing key Fibonacci levels and derivatives activity confirming strong momentum. Analysts are now eyeing a near-term target of $1.12 for the token, as the Coinbase DEX integration continues to fuel its upward trajectory.
AERO Targets $1.12 After Coinbase DEX Integration Fuels Rally
Aerodrome Finance's AERO token surged 25% in 24 hours, breaking past $1.07 as Coinbase's new DEX feature brought institutional liquidity to Base blockchain projects. The integration positions Aerodrome—Base's dominant DEX—for unprecedented retail exposure through Coinbase's 110 million verified users.
Technical charts show AERO clearing key Fibonacci levels with derivatives activity confirming bullish momentum. The token now eyes $1.12 resistance, with a breakout potentially propelling it toward $1.20. Base ecosystem tokens collectively outperformed the broader market, rising 5% versus the sector's 1.28% gain.
Solana Eyes $296 Amid Coinbase DEX Growth and Market Optimism
Solana's price trajectory points toward $296 as Coinbase integrates SOL and SPL tokens into its decentralized exchange platform. The MOVE signals broader institutional adoption and reinforces Solana's position as a high-performance blockchain.
Technical indicators flash bullish signals, with SOL posting a 3.53% daily gain and 10.83% weekly increase. The token now trades at $181.82, backed by $5.7 billion in daily volume and a $98.03 billion market capitalization.
Market-wide Optimism grows as Bitcoin tests all-time highs near $123,000, creating tailwinds for altcoins. Solana's low-cost transactions and scaling capabilities continue attracting institutional interest, with open interest metrics suggesting further upside potential.