AAVE Targets $360 After Massive Whale Accumulation and Mantle Layer 2 Goes Live
Whales are circling, and the tech just got an upgrade. AAVE's price chart isn't just ticking up—it's being pulled toward a $360 target by a surge of major accumulation. The catalyst? The long-anticipated launch of Mantle's Layer 2 solution is now live, injecting fresh scalability and speed directly into the protocol's veins.
The Whale Watch
Forget retail FOMO. The real momentum comes from deep-pocketed investors making decisive, large-scale moves. This isn't casual buying; it's strategic positioning by entities who move markets, signaling a vote of confidence that's hard to ignore. Their activity often precedes major price inflection points, and right now, their ledger is flashing green for AAVE.
Mantle's Layer 2: The Engine Upgrade
The timing isn't a coincidence. The launch of Mantle's scaling solution tackles DeFi's perennial bottlenecks—high fees and network congestion—head-on. By processing transactions off the main Ethereum chain, it slashes costs and bypasses traffic jams, making AAVE's lending and borrowing markets faster and cheaper for everyone. It's not just a feature drop; it's a fundamental improvement to the protocol's utility and accessibility.
A Path to $360?
Combine institutional conviction with a major technical upgrade, and you get a potent bullish thesis. The $360 level now sits as the next significant resistance target, a threshold that seemed distant just weeks ago. While past performance is the favorite fairy tale of finance bros everywhere, the current setup—powered by real on-chain activity and a live tech deployment—suggests the rally has more than just hype behind it.
The market's memory is short, but smart money's appetite for scalable, usable DeFi appears to be growing. Whether this marks a sustained breakout or another chapter in crypto's volatile saga will depend on whether the users follow the whales.
Whale Activity Signals Confidence in AAVE
The whale identified as 0xE9D0 recently acquired another 17,779 units of AAVE worth $3.31 million, just seven hours ago. This purchase indicates that institutional investors are still interested in AAVE and are confident in the future possibilities of this asset even in times of market volatility in the crypto industry.
After this purchase, the whale currently possesses a total of 310,617 $AAVE tokens worth approximately $59.3 million. This substantial holding portfolio indicates the whale’s dominant power in the market and indicates the continuous support of major stakeholders in the AAVE market. This indicates that there may be positive market trends for the token in the near future.
Aave Expands Through Mantle Partnership
Together with @Bybit_Official, Aave launches on @Mantle_Official. The integration of Aave and @Mantle_Official aims to extend Aave’s offerings through @Mantle_Official’s sophisticated blockchain network, providing users with faster transactions, reduced transaction fees, and enhanced DeFi functionality through the LAYER 2 platform.
In collaboration with @Bybit_Official, Aave is coming to @Mantle_Official.
Mantle is a low-cost, EVM-compatible L2 and high-performance distribution layer built for institutional-grade applications and real-world assets. pic.twitter.com/bLgr2sSG3A
Mantle is a cost-effective system that is compatible with EVM and serves as a high-performance distribution layer. The platform is meant for institutional-grade applications and real-world assets. This provides fast transaction execution, lower transaction fees, and excellent scalability. The platform will be most suitable for the growth of Aave in optimized decentralized finance solutions.
