AAVE Token Surges 4.53% as V4 Upgrade and Chaos Labs Exit Drive $445M Trading Volume

AAVEUSDT experienced a 4.53% price increase in the past 24 hours, rising from a 24h open of $91.92 to $96.08 on Binance, driven primarily by heightened market activity following the recent rollout of Aave's V4 protocol upgrade and the exit of Chaos Labs from the ecosystem. Increased Binance AAVE reserves and significant trading volume, now at $445 million, reflect strong exchange inflows and broad distribution by whale and mid-sized holders. Despite the positive short-term movement, price volatility has been influenced by governance changes, contributor turnover, and recent liquidations, while the current circulating supply remains at 15.38 million tokens with a market cap of $1.45 billion.