$AERO Rockets 70% in 7 Days – Can Coinbase-Backed DEX Become DeFi’s Next Billion-Dollar Unicorn?

DeFi's latest high-flyer isn't playing by the rules. $AERO just ripped through resistance like a hot knife through butter—posting 70% gains while traditional finance yawns at 5% APYs.

The Coinbase-backed DEX is flexing serious muscle. Liquidity pools are swelling, arbitrage bots are working overtime, and that 'too big to fail' institutional money? Suddenly it's sniffing around decentralized trading like a Wall Street suit at a crypto rave.

But let's not pop champagne yet. Remember when every VC-backed project in 2021 promised 'the next Uniswap killer'? Exactly. Still—when a major exchange's war chest meets DeFi's permissionless mojo, even cynical degens raise an eyebrow.

Daily Volumes Top $500M—How Aerodrome Finance Is Outpacing Uniswap on Base

As the second-largest liquidity hub on Ethereum’s layer-2 Base blockchain, Aerodrome has proven to be a resilient and dependable protocol since its debut nearly two years ago.

Base currently holds $3.83 billion in total value locked (TVL), with Aerodrome contributing over $1.02 billion, making it one of the leading decentralized finance (DeFi) infrastructures on the network.

Aerodrome processes a daily average of $500 million in decentralized exchange volume, surpassing even Uniswap’s volume on the Base chain.

The protocol also leads the network in revenue generation, averaging $2.68 million in weekly earnings and projecting an annualized revenue of roughly $166 million.

This places Aerodrome ahead of other prominent protocols on Base, such as Coinbase Wallet, Maestro Bot, Phantom Wallet, and VIRTUAL Protocol, regarding economic impact.

Many crypto analysts argue that $AERO remains greatly undervalued.

For context, Ethereum-based DEX Uniswap commands a market cap exceeding $4.7 billion, while Solana-native DEX Jupiter, despite recent sluggish performance, still sits above the $1 billion mark.

$10 Price Prediction? Why Some Analysts See 1000%+ Upside for $AERO

With strong backing from Coinbase, Aerodrome is well-positioned to capitalize on Base’s growing adoption, particularly with the introduction of smart wallets and CBBTC liquidity pools.

Institutional activity is also accelerating. Just days ago, Wall Street powerhouse JPMorgan launched its $JPMD deposit token for institutional clients on Base, indicating rising confidence in the ecosystem.

On June 19, Base achieved another major milestone with the rollout of stablecoin checkout for millions of Shopify merchants, a MOVE expected to drive large transactional volume through the network.

Base founder Jesse Pollak has emphasized the network’s broader mission: “to build a global economy that increases innovation, creativity, and freedom.”

The mission is to build a global economy that increases innovation, creativity, and freedom. @jessepollak w/ @ThinkingCrypto1 pic.twitter.com/kGe0oqwiQg

Should that vision unfold, platforms like Aerodrome could see their valuations soar into the multi-billion-dollar range.

One Bitcoin maximalist bullish on Base believes $AERO could hit $10 during this bull cycle if the growth trajectory continues. This move would deliver over 1,000% returns from current levels and push it above meme coins like Shiba Inu.

My personal analysis to $AERO, I believe the bull run price of this project is no less than $10. #altseason #base #aerodrome pic.twitter.com/D9n1ZY9L06

Technical Setup Suggests $AERO Could Hit $1.41—Or Even Reclaim $2.30 Highs

On the technical side, the action of $AERO’s price reinforces this bullish narrative. The $AERO/$USD daily chart shows a strong upward trend, with the token trading at $0.924 after surging from the $0.60 support zone.

The pattern follows Elliott Wave theory, forming Wave (D) with a projected continuation toward the $1.41 resistance level as Wave (E) unfolds.

Momentum remains high, backed by increasing trading volume and an RSI reading above 70, indicating overbought conditions. While this suggests a possible short-term pullback or sideways movement, the broader trend remains bullish.

The confirmed breakout above $0.605 indicates a trend reversal. If bullish momentum persists, the next key target is $1.41.

In the long term, $AERO may seek to reclaim its 2024 high around $2.30. That said, a temporary retracement to the $0.75–$0.80 range remains possible as the RSI cools down.