Aave (AAVE)

Luca Netz just announced on Uneasy Money: Igloo has built a new instrument to list a DAO token like Aave directly on the Nasdaq — defined as a security, so the protocol can pay revenue straight back to shareholders. "It's an IPO, an ICO, but with TradFi rails." https://t.co/vDSY8tkrpy

BREAKING: Aave now has 1.8 million asset holders, the most of any lending protocol. Its holder base has more than tripled in two years. https://t.co/IltX2SouOn

Grayscale wants some exit liquidity on $AAVE

Grayscale research team announced that $AAVE is far below its $75 valuation and expects a rise up to $175 within one year. I will sign ✍️

Grayscale research team announced that $AAVE is trading at $75, far below its value, and they expect it to rise to $175 within one year. I will sign ✍️

Aave will win.

Great to see capital flowing back to Aave. End of the day while v4 is getting lot of traction, Aave V3 is the most trusted lending market in DeFi.

Grayscale Research Calls AAVE Undervalued with $179 Base Case Price Target @Grayscale Research considers @aave undervalued at current levels. According to its latest report, the token is trading below its estimated fair value range derived from discounted cash flow analysis, which places it between $80 and $100. Grayscale price target The firm sets a one-year base case scenario at $179.11, representing an upside potential of approximately 132% from current levels (around $77). The bearish scenario is set at $90.91, while the bullish scenario reaches $270.57. Grayscale treats Aave as a “permissionless on-chain bank” with recurring revenue, rather than viewing it solely as a governance token. The firm estimates the protocol could generate around $60 million in revenue during 2026, with stablecoins playing an increasingly important role in protocol activity. Bullish thesis drivers The base case target depends mainly on five factors: - Significant growth in stablecoin volume - Major partnerships through Horizon - Return of previously withdrawn deposits - Greater adoption of the Aave App - Institutional development on V4 architecture The firm notes that although Aave still carries the impact of the Kelp DAO rsETH exploit in April, its transparent handling of the incident strengthened institutional credibility. Important notice This information is based on Grayscale Research analysis as of June 17, 2026. It does not constitute investment advice. Price targets and valuation models are speculative and subject to change. Always conduct your own research before making investment decisions. Grayscale Research considers AAVE to be undervalued at current levels. According to its latest report, the token is trading below its estimated fair value range derived from discounted cash flow analysis, which is between $80 and $100. Grayscale price target The firm sets a one-year base case scenario at $179.11, representing an upside potential of approximately 132% from current levels (around $77). The bearish scenario is set at $90.91, while the bullish scenario reaches $270.57. Grayscale treats Aave as a “permissionless on-chain bank” with recurring revenue, rather than viewing it solely as a governance token. The firm estimates the protocol could generate around $60 million in revenue during 2026, with a growing role for stablecoins in protocol activity. Bullish thesis drivers The base case target depends mainly on five factors: - Significant growth in stablecoin volume - Major partnerships through Horizon - Return of previously withdrawn deposits - Greater adoption of the Aave App - Institutional development on V4 architecture The firm notes that although Aave still carries the impact of the Kelp DAO rsETH exploit in April, its transparent handling of the incident strengthened institutional credibility. Important notice This information is based on Grayscale analysis as of June 17, 2026. It does not constitute investment advice. Valuations and price targets are speculative and may change. Always conduct your own research before making investment decisions.