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🚀 $AAVE Surges 13% as Buyback Mechanism Activates
Aave ($AAVE) jumped 13.16% in the last 24 hours, briefly touching $94.32, after activating its Aavenomics 3.0 automated buyback system.
The protocol is now routing 100% of its revenue directly into repurchasing AAVE tokens — a major bullish shift in tokenomics.
Adding fuel to the rally, Standard Chartered set a bold $3,500 price target for AAVE by 2030, signaling strong long-term institutional confidence.
Key Highlights:
• 13.16% daily gain
• New automated buyback mechanism live
• 100% of protocol revenue → AAVE repurchases
• $3,500 price target by 2030 (Standard Chartered)
This combination of improved tokenomics + institutional bullishness has clearly boosted sentiment around AAVE.
Quick Take:
The shift to a full revenue buyback model is a significant structural upgrade. If execution stays strong, this could support further upside in the coming months.
High risk, high reward as always with altcoins. What’s your view on $AAVE after this move? 👇
#AAVE #Aave #Crypto #GateSquare