$AAVE ’s run-up of 8.9%: on the surface, it looks like the pump came from a trio—Standard Chartered’s deal-making call, the rumor of Kraken’s acquisition, and the founder’s denial. But what really gives the bulls confidence is Stani Kulechov’s “lol”—a straight-up denial of selling coins at a 70% discount, and he also throws in the automated buyback mechanism from Aavenomics 3.0.
The disagreement is right here.
What the believers see: protocol annual revenue of $134 million, TVL over $40 billion, and DeFi lending accounting for 60% of the market. The founder personally said all protocol revenues go to $AAVE token holders, and he added a buyback mechanism. Standard Chartered even calls for $3,500 by 2030—crazy enough even if there were no buyback mechanism.
What the skeptics see: another set of numbers—TVL has been halved from April’s $26.39B to $12.434B. There’s no new hot spot in the DeFi sector, and the 80–90 range is full of trapped positions left by the Kelp incidents. Also, that Standard Chartered executive just finished calling out UNI last month—the playbook is the same. On top of that, the market is currently being kept alive by fake news. Yesterday’s $AAVE whale-accumulation (mouse-trading) hard-held for a day, and once the news was clarified, it started dumping.
Both sides have a point. But the real question is: during this $AAVE rally, are funds betting on the buyback mechanism actually rolling out—or is someone using the news cycle to distribute?
On the day the founder denied it, $AAVE jumped from 72 to 82—15% in just 12 hours. That kind of elasticity really stands out in a market where even ETH is down 5.6% and SOL is down 20%. But if you look at the order book, selling pressure above 82 is heavy. The trapped holders aren’t dumb; they waited two months just to finally get an exit.
Put simply: $AAVE ’s fundamentals aren’t bad. The protocol is making money—that’s real. If the buyback mechanism truly gets implemented, it’s definitely good news for token holders. But in crypto, people trade expectations and narratives, not P/E ratios. For a long-standing DeFi project whose story has already been told for three or four years, how high can you really pump it just with buybacks? Standard Chartered’s $3,500 call is a 2030 story—there are still three more years of bear market to survive in between.
People chasing in now are betting that before the buyback details are released, sentiment can be pushed one more wave. But don’t forget: when UNI was hyped at 150 last time, the ones who chased high are still up on the mountaintop, blowing in the wind.
$AAVE
#AAVE上涨8.9% #爆点hot #短期市场热点 #广场热帖
The disagreement is right here.
What the believers see: protocol annual revenue of $134 million, TVL over $40 billion, and DeFi lending accounting for 60% of the market. The founder personally said all protocol revenues go to $AAVE token holders, and he added a buyback mechanism. Standard Chartered even calls for $3,500 by 2030—crazy enough even if there were no buyback mechanism.
What the skeptics see: another set of numbers—TVL has been halved from April’s $26.39B to $12.434B. There’s no new hot spot in the DeFi sector, and the 80–90 range is full of trapped positions left by the Kelp incidents. Also, that Standard Chartered executive just finished calling out UNI last month—the playbook is the same. On top of that, the market is currently being kept alive by fake news. Yesterday’s $AAVE whale-accumulation (mouse-trading) hard-held for a day, and once the news was clarified, it started dumping.
Both sides have a point. But the real question is: during this $AAVE rally, are funds betting on the buyback mechanism actually rolling out—or is someone using the news cycle to distribute?
On the day the founder denied it, $AAVE jumped from 72 to 82—15% in just 12 hours. That kind of elasticity really stands out in a market where even ETH is down 5.6% and SOL is down 20%. But if you look at the order book, selling pressure above 82 is heavy. The trapped holders aren’t dumb; they waited two months just to finally get an exit.
Put simply: $AAVE ’s fundamentals aren’t bad. The protocol is making money—that’s real. If the buyback mechanism truly gets implemented, it’s definitely good news for token holders. But in crypto, people trade expectations and narratives, not P/E ratios. For a long-standing DeFi project whose story has already been told for three or four years, how high can you really pump it just with buybacks? Standard Chartered’s $3,500 call is a 2030 story—there are still three more years of bear market to survive in between.
People chasing in now are betting that before the buyback details are released, sentiment can be pushed one more wave. But don’t forget: when UNI was hyped at 150 last time, the ones who chased high are still up on the mountaintop, blowing in the wind.
$AAVE
#AAVE上涨8.9% #爆点hot #短期市场热点 #广场热帖