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  • ZRO price gains 14% to break above key hurdle, defy broader dump

    ZRO price gains 14% to break above key hurdle, defy broader dump

    ZRO Token

    • ZRO price pops 14% as LayerZero sees a 66% spike in trading volume.
    • The LayerZero Foundation has recently repurchased 50 million ZRO tokens, equivalent to 5% of the total supply.
    • Bulls could target a breakout to $3.25 and then highs above $5 if sentiment holds.

    The LayerZero (ZRO) token is among the altcoins to defy the broader crypto dump today, with ZRO price up 14% in the past 24 hours.

    Gains for LayerZero come as Bitcoin drops below $110,000 and Ethereum under $4,000.

    But like some altcoins across the market, ZRO is seeing an uptick and has broken above the critical resistance zone near $2.20.

    LayerZero price jumps 14% — why is ZRO up today?

    While most altcoins hit downside action, ZRO is surging amid two notable network milestones.

    Potentially, one is the announcement by the LayerZero Foundation of a major token buyback program.

    The move triggered an immediate surge in ZRO’s price, with the altcoin climbing from lows of $1.83 to reach highs of $2.24.

    A dip to retest the support area at $2.00 has nonetheless seen bulls break the key hurdle at $2.25 to hit highs of $2.33.

    ZRO’s uptick aligned with the 50 million token buyback, with about $150 million ploughed back into the market for the tokens.

    Traders reacted positively after the 25 million ZRO token unlock event earlier, with the buyback and market reaction helping to offset sell-off pressure.

    Crucially, the repurchase has tightened supply and could provide more fuel for bulls.

    LayerZero’s recent acquisition of the Stargate cross-chain bridge is another catalyst for ZRO price.

    The Stargate integration, approved by the DAO with 94.7% support, came at a crucial time for LayerZero.

    Plasma, the platform for global money movement, has unveiled its mainnet.

    LayerZero is a key player in the ecosystem, able to bridge liquidity to Plasma via Stargate.

    ZRO price has jumped amid these integrations.

    What’s next for the ZRO price?

    As the LayerZero price rose, trading volume spiked 66% to $173 million in the past 24 hours.

    This suggests bulls are buying at current levels, and ZRO’s market value could benefit further.

    ZRO price chart by TradingView

    The ZRO price outlook also shows bulls are looking to ride a technical breakout.

    On the daily chart, the price has broken above a descending triangle pattern’s resistance line.

    Notably, technical indicators such as the daily RSI and MACD are flashing bullish signals for ZRO.

    Successful retest and breakout from the trendline of a prolonged consolidation phase level will allow buyers to target $3.25 and higher.

    Bulls are currently 53% up on the all-time low of $1.50 reached in March.

    Meanwhile, the all-time high that counts as a short-term target sits about 70% off current prices at $7.53.

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  • Bitcoin, Ethereum, altcoins tumble after US GDP surprise; $1.1B liquidations hit market

    Bitcoin, Ethereum, altcoins tumble after US GDP surprise; $1.1B liquidations hit market





    Bitcoin, Ethereum, altcoins tumble after US GDP surprise; $1.1B liquidations hit market – CoinJournal



































    Crypto markets stay defensive after a $1.7B selloff; Bitcoin, Ethereum, and Dogecoin struggle to regain footing.

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  • Crypto market loses $160B in ‘Red September’, yet millionaires soar 40% in 2025

    Crypto market loses $160B in ‘Red September’, yet millionaires soar 40% in 2025

    • ‘Red September’ shakes crypto markets, wiping out over $160 billion in value.
    • Bitcoin, Ethereum, and Solana test critical support levels amid high volatility.
    • Number of crypto millionaires rises 40% in 2025, now at 241,700 globally.

    The cryptocurrency market underwent notable turbulence over the past 24 hours, with traders waking up to shifting sentiment and volatile price action on Thursday.

    Recent days saw the so-called “Red September” event, which erased over $160 billion from the global crypto market cap amid ongoing macroeconomic pressures, ETF outflows, and liquidations.

    Yet, beneath the broad declines, pockets of resilience and buying emerged in selective coins.

    With central banks sending mixed signals and regulatory debates intensifying, investors are recalibrating positions, all while institutional flows remain significant.

    As Q4 approaches, analysts anticipate a more stable narrative may soon take hold, but volatility remains the dominant theme for now.

    Bitcoin (BTC) is oscillating near crucial support levels, recently trading just above $113,000 after rebounding 0.82% in the last 24 hours.

    Analysts warn that fading institutional demand could push BTC toward the $108,000 zone if sentiment sours.

    Ethereum (ETH) also saw weakness, falling below $4,130, down 1.4% with market-watchers eyeing $3,800 as a possible accumulation point if the decline deepens.

    Solana (SOL), despite heavy treasury accumulation, stalled just beneath its 2021 peak, trading near $210 and dipping 1.66% in the last session, testing long-held support.

    XRP, conversely, exhibited strength with a 2.93% pop and growing bullish momentum; some chartists see a breakout above $3.33 as pivotal for double-digit ambitions.

    Dogecoin (DOGE) held steady, barely advancing 0.2% amid ongoing meme-coin sector liquidations.

    Overall, major cryptos remain sensitive to both headline risk and technical factors, with their trajectories hinging on ETF flows, macro signals, and speculative rotation.

    Crypto millionaires surge in 2025

    The latest Crypto Wealth Report for 2025 highlights just how sharply fortunes have shifted in digital assets, as the number of crypto millionaires worldwide soared 40% year-on-year to reach 241,700.

    Leading this surge is Bitcoin, the cornerstone of the crypto economy, with a remarkable 70% jump in those holding seven-figure BTC portfolios, now numbering over 145,000.

    At the very top, there are 36 crypto billionaires and 450 “centi-millionaires” who each hold at least $100 million in digital assets.

    This wealth explosion comes as the broader market cap of cryptocurrencies hit $3.3 trillion, up 45% from last year, reflecting not just price appreciation but growing adoption globally.

    More than ever, Bitcoin is seen less as a speculative bet and more as financial infrastructure: a collateral base for new financial systems operating outside traditional controls.

    Notably, the report underscores how crypto’s borderless nature is redrawing global wealth patterns, with Singapore, Hong Kong, and the US emerging as leading destinations for crypto investors.

    In this new landscape, holding millions simply means memorizing a 12-word seed phrase, with instant access from anywhere in the world—highlighting a profound shift in how, and where, wealth is stored and moved.

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  • Fluid price jumps 50% after Upbit listing: bulls target $10

    Fluid price jumps 50% after Upbit listing: bulls target $10

    • Fluid price soared by more than 50% in 24 hours to hit highs of $9.33.
    • Technical strength and other catalysts may see bulls target a breakout above $10.
    • However, overbought conditions signal a potential pullback.

    Fluid (FLUID) price spiked by more than 50% in 24 hours as Upbit, South Korea’s top cryptocurrency exchange, added trading support for the DeFi protocol’s native token.

    The listing of the lending protocol’s token injected fresh momentum. It added to an upbeat sentiment that aligns with Fluid’s expansion to the Solana ecosystem.

    Upbit listing sends Fluid (FLUID) price up 50%

    Upbit is South Korea’s largest crypto exchange, and its move to list FLUID with trading pairs for Korean won, Bitcoin, and USDT triggered an immediate price rally.

    Upbit, dominant in South Korea, often sees significant spikes in trading volume for new assets, and Fluid did not buck the trend.

    The altcoin’s price jumped by more than 50% within hours, allowing bulls to retest bears’ resolve above the $9.00 mark.

    It’s the first time the lending protocol has climbed to these levels since February 2025.

    The altcoin traded around $8.20 at the time of writing.

    Per CoinMarketCap, an initial trading volume surge for FLUID recorded an impressive 1,600% spike to over $34.5 million.

    With South Korean traders, known for their aggressive buying strategies, flooding the buying zone, it’s no surprise liquidity is exploding.

    Some notable tokens to record price and volume surges on Upbit listing include RedStone, Flock, Omni Network, and Treehouse.

    Further price gains will extend Fluid’s gains as the community also cheers expansion to Solana. FLUID is live on Jupiter exchange, powered by Meteora.

    The uptick in price comes as the total value locked/price ratio for Fluid shows a remarkable increase of over 185%.

    What’s next for Fluid price? Bulls target breakout above $10

    Gains across the board align with a surge in bullish calls for FLUID, which has a score of 89% on CoinMarketCap. This outlook reflects on the technical front.

    The moving average convergence divergence indicator (MACD) signals a bullish crossover while the relative strength index hovers at 71.

    On the 3-hour chart, FLUID is showing signs of a strong breakout after an extended period of consolidation and downward pressure.

    The Bollinger Bands have widened sharply following a prolonged squeeze, a move that often points to heightened volatility ahead.

    Based on the height of the previous consolidation range, the breakout projects a potential upside target in the $8.50–$9.00 area, with initial resistance expected near $7.50.

    A confluence of these and other factors suggests further gains into the overbought territory.

    FLUID chart by TradingView

    Contingent on broader market sentiment, FLUID could break above $10 and target a 100% leg up towards $20.

    The all-time high of $29.36 reached in 2021 remains a big target for buyers.

    However, broader market weakness amid macroeconomic and regulatory headwinds might see bears seize on the opportunity.

    Otherwise, key support levels remain around $5.10 and $3.40.

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  • Crypto market news: BTC near $112K, ETH drops below $4,200 as fear grips traders

    Crypto market news: BTC near $112K, ETH drops below $4,200 as fear grips traders

    Crypto reels from “Red September” selloff as BTC, ETH, and SOL dip, but institutions hold firm, eyeing a Q4 recovery.

    • Bitcoin hovers above $112K, with bulls defending key support.
    • Ethereum drops 7% weekly as ETF outflows pressure sentiment.
    • Institutions stay invested, betting on a stronger Q4 recovery.

    Crypto markets are still reeling from a fierce “Red September” selloff that has sent jitters through traders and investors alike.

    There is a strong undercurrent of caution right now with investors watching the macro headlines, especially the Fed’s latest moves, and feeling heat from a resurgent US dollar and mounting regulatory uncertainties.

    The fear factor is high among retail traders, especially with meme coins back in panic territory, but interestingly, big institutions haven’t cleared out.

    That says a lot about the market’s long-term resilience.

    For all the volatility, veteran investors seem to believe this selloff could be paving the way for a healthier Q4, especially if some regulatory clarity and macro relief finally show up.

    Major crypto movers

    Bitcoin’s been tossed around all week, trying to hold firm just above the $112,000 mark.

    Despite all the drama, BTC’s daily change has been pretty muted, but it’s still down roughly 2% over the past seven days.

    The tension is palpable; there’s talk that a slip below $112,000 could trigger another rapid drop, but so far, bulls are digging in their heels.

    Ethereum is also fighting for higher ground, currently near $4,200.

    Its weekly loss is steeper than Bitcoin’s, about 7% and analysts see ETF outflows and seasonal September trading patterns in play.

    For Solana, it’s a similar story, with sellers driving the price toward $216, the coin shedding more than 2% in the latest session, and short-term holders running for cover.

    XRP has been a mild outlier, eking out some gains where most heavyweights reversed. It bounced up to around $2.86 and stayed resilient after threatening a breakdown below key support.

    DOGE, however, lost some of its shine, dropping just over 1% today as meme coin enthusiasm fizzled after the big liquidations.

    Even with all the noise, the big coins aren’t in catastrophic territory, but the road to recovery is littered with caution tape.

    Market update: News and broader trends

    This latest bout of selling is being blamed on a handful of big-picture trends.

    First and foremost, traders point to the Fed’s mixed messaging, a rate cut that should excite risk assets paradoxically made the US dollar even stronger, making it tougher for speculative bets on crypto to thrive.

    Huge liquidations have unfolded, with more than $1.65 billion in leveraged longs forced out of the market.

    Meme coins bore the brunt of the panic, but strong institutional flows suggest bigger players are sticking to their long game.

    Regulatory uncertainty is a running theme, debates in the US and Europe over tougher anti-money laundering rules and crypto tax policies have stoked investor anxiety.

    There are also worries over trade tensions and new tariffs added to US imports from India, Taiwan, and Canada, further muddying the waters and keeping risk appetite subdued.

    Yet there’s a strange sense of optimism simmering.

    Many believe the panic has set the stage for a more sustainable rally later in the year, especially if macro and regulatory conditions stabilize.

    Institutional adoption, fresh network upgrades, and the possibility of new Bitcoin-related policies, perhaps even news from President Trump’s upcoming speech, are keeping hope alive that the tide could turn before year-end.

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  • Aster price holds $1.7 as whales buy, perps volume hits $11B

    Aster price holds $1.7 as whales buy, perps volume hits $11B

    Aster Whales Buy

    • ASTER price is consolidating near $1.7 and is supported by a daily trading volume of $2.1 billion.
    • With resistance at an all-time high near $2 and support at $1.48, ASTER’s price is largely bullish.
    • Upcoming token unlock could introduce volatility.

    While several top coins are struggling with downside pressure, Aster’s native token is posting slight gains near $1.7.

    The token’s price was up 13% in the past 24 hours, and a staggering 1,980% in the past week at the time of writing, driven by robust trading activity that had daily perps DEX volume hitting $11 billion.

    ASTER’s growth as a platform in the decentralised finance (DeFi) space is key to bulls’ momentum.

    Perps volume hits $11 billion as ASTER holds $1.7

    ASTER’s price has held around $1.7 after retreating from its highs of $1.97 across major exchanges.

    The current price reflects a 13% surge in the last 24 hours, outpacing top coins after Monday’s bloodbath.

    The token remains well over 1,870% up since its all-time low of $0.084 on September 17, 2025.

    Price consolidation sees ASTER rank among the best performers on the day.

    Most notably, the decentralised exchange platform has recorded a staggering $11 billion in perps trading volume.

    Spot trading volume also spiked, increasing by over 8% to $2.1 billion.

    Multi-chain support and Aster’s Genesis Stage 2 rewards program, which allocates over 50% of tokens to community airdrops, has driven significant user engagement.

    Bybit’s $100k reward pool campaign also boosted participation, with deposits and spot trading rising.

    Meanwhile, Aster has benefitted from the endorsements of influential figures in the space, including Binance’s Changpeng Zhao.

    ASTER price and its potential for parabolic gains have seen a whale double down on the token with 7.14 million ASTER tokens worth over $10.5 million.

    The whale scooped the tokens via two wallets, Lookonchain noted.

    The whale deposited 4.5 million Tether (USDT) into the Aster exchange and withdrew 7.14 million.

    On-chain data showed the bull sat on an unrealised profit of $6 million.

    What’s next for the ASTER price?

    ASTER is testing resistance at $1.75, with upside potential toward $1.90 and the key $2.00 psychological mark.

    A breakout above this range could open the door to fresh highs, particularly if sentiment across the broader crypto market turns supportive.

    Near term, however, risks are building as profit taking coincides with an upcoming token unlock.

    With millions of ASTER tokens set to enter circulation, selling pressure—particularly from airdrop claimants—could weigh on price momentum.

    On the downside, $1.58 is emerging as the critical support level. A sustained break lower could see prices slip toward $1.48, where bulls may attempt to regroup.

    Despite these risks, consolidation around current levels remains possible.

    Should the market absorb selling and broader adoption of ASTER’s zero-knowledge proof–powered DEX infrastructure continue, a decisive break above $2 could mark the beginning of a stronger bullish leg.

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  • Is 0G price set for breakout to $10 amid $3.3 billion volume surge?

    Is 0G price set for breakout to $10 amid $3.3 billion volume surge?

    0g-token-skyrockets

    • 0G price holds above $5.8 with over 60% in 24-hour gains after its mainnet launch.
    • The listing on Binance helped the price pump to $7.31 and the daily volume 2,800% to over $3.3 billion.
    • 0G price is largely bullish despite potential profit-taking.

    0G, the decentralised AI-focused blockchain created by 0G Labs, surged on Monday following the launch of its mainnet and the rollout of its native token airdrop.

    The token’s debut on Binance fueled strong trading momentum, sending prices to intraday highs of $7.31.

    The sharp rally underscored the heightened investor appetite for projects at the intersection of artificial intelligence and blockchain technology, a theme that has been gaining traction across the digital asset market.

    Market watchers noted that the combination of a high-profile exchange listing and the ongoing wave of enthusiasm for AI-linked platforms helped propel 0G’s early performance.

    0G price holds above $5.8 amid $3.3 billion volume

    As per CoinMarketCap, daily trading activity for the crypto project shot up by over 2,800% to $3.3 billion.

    XRP tops the leaderboard in terms of 24-hour volume for top gainers among the 100 largest coins by market cap, with over $6.9 billion.

    However, 0G’s figure that exceeds $3.3 billion is the second highest.

    Avalanche and Aster, the other outperformers in the leading 100 coins by market, also have significant volumes amid buy pressure with $2.6 billion and $2.1 billion, respectively.

    0G price outlook? Is $10 next?

    Looking ahead, analysts project a largely bullish trajectory for 0G.

    Short-term forecasts suggest a potential consolidation between $5.10 and $7.5 before another leg up beyond the $10.00 mark.

    Bullish scenarios, including AI-blockchain adoption, will be key in both the short term and the longer term.

    Investors may want to check out advancements across Decentralized Physical Infrastructure Networks (DePIN) and overall crypto sentiment.

    Integrations with major AI frameworks or partnerships that include global giants like Alibaba, Nvidia and OpenAI are worth a serious focus.

    The same applies to collaborations with Mira, Pyth Network and oracle and DeFi platform RedStone.

    Regulatory clarity in the broader crypto market and price recovery for Bitcoin, other altcoins, could spark upside momentum for 0G.

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  • Crypto market calm after Monday’s crash: what’s going on?

    Crypto market calm after Monday’s crash: what’s going on?

    Crypto liquidation exceeds $1.5 billion as volatility deepens

    • Ether fell as much as 9% in a single session on Monday, wiping out $500 million in bets.
    • Bitcoin traded 0.8% lower, with nervous positioning seen in options.
    • $23 billion in Bitcoin and Ether contracts are due to expire on Friday.

    A sharp crash on Monday wiped more than $1.5 billion from leveraged cryptocurrency positions, underscoring how fragile digital asset markets remain.

    The sudden liquidation wave, one of the largest this year, unfolded without a clear catalyst and hit Ether especially hard.

    By Tuesday morning in Asia, the dust had begun to settle, but prices remained under pressure and traders were braced for more turbulence as a record options expiry approached.

    Monday’s crash triggers heavy liquidations

    On Monday, Ether led the declines with losses of up to 9%, sparking the unwinding of nearly $500 million in bullish bets.

    Bitcoin also retreated, falling sharply before stabilising with a smaller 0.8% decline.

    In total, more than $1.5 billion in leveraged positions were forced out across exchanges, making it one of the year’s biggest liquidation events after months of speculative rallies.

    Analysts said the drop showed how quickly leverage combined with thin liquidity can turn into widespread selling.

    Tuesday’s session shows nervous stability

    By Tuesday morning in Asia, the market was calmer, though sentiment remained cautious.

    Ether trimmed its losses to around 0.9%, while Bitcoin also traded 0.8% lower.

    Options activity pointed to traders positioning for further swings rather than stability, with significant bets placed on Bitcoin falling below $95,000 or rising above $140,000 before the month-end.

    The appetite for protection in both directions highlighted just how unsettled sentiment has become.

    Expiring contracts add to pressure

    Deribit data showed that roughly $23 billion of Bitcoin and Ether options contracts are due to expire on Friday, one of the largest expiries ever recorded.

    This event has amplified caution across the market, with traders expecting volatility to dominate in the near term.

    Short-term options have grown in popularity as investors look for cheaper exposure to sudden price moves, turning volatility itself into the trade.

    Meanwhile, crypto treasury firms that earlier drove demand by raising funds to buy tokens have slowed their purchases.

    With share prices falling, these companies have less capacity to raise capital, reducing support for prices and adding to downward pressure.

    Leverage and liquidity risks remain

    Data from Binance shows open interest in perpetual futures has surged over the past few months, with Ether seeing the strongest speculative activity.

    The structure has left the token more exposed to sharp reversals, acting as a higher-beta proxy for digital asset sentiment in periods of stress.

    Bitcoin, by contrast, has shown relatively steadier trading thanks to deeper liquidity and its growing role in institutional portfolios.

    Even so, analysts caution that the higher levels of leverage in the system compared to last year mean the risk of large swings remains.

    With the Federal Reserve cutting interest rates, some expect new inflows to offset selling pressure, but links between Bitcoin and equities suggest macro policy will continue to shape its path.

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  • NEAR price surges 9% as AI developments boost ecosystem

    NEAR price surges 9% as AI developments boost ecosystem

    • NEAR surged more than 9% as bulls rode the latest artificial intelligence-related sentiment.
    • The Nvidia and OpenAI partnership and $100 billion investment are a huge boost to ecosystem confidence.
    • Short term, NEAR price could target a 200% rally to above $8.20

    NEAR Protocol price has jumped 9% in the past 24 hours as artificial intelligence-related developments buoy investor sentiment.

    As tokens such as AI Companions exploded, NEAR’s price climbed by more than 9% to highs of $3.15.

    The surge reflected a sharp bounce from its intraday lows, with heightened enthusiasm amid AI-centric optimism. Gains see NEAR price buck the trend that had the crypto market reeling from a $1.7 billion wipe out amid sharp losses.

    Near Protocol price bounces amid major AI news

    The NEAR Protocol token experienced a robust 9% surge on September 23, 2025, rebounding from recent volatility and trading at $3.15 by midday, according to data from major exchanges.

    NEAR’s price uptick follows a period of consolidation, with the token dipping below $2.90 earlier in the week amid broader crypto market pressure.

    Also notable is the spike in trading volume, which was up by more than 25% to $370 million as investor confidence in NEAR rose.

    At the heart of this momentum is NEAR’s strategic positioning as “the blockchain for AI,” a narrative reinforced by recent ecosystem advancements.

    Just days prior, on September 16, NEAR announced a pivotal integration with the Allora Network, enhancing its Shade Agent infrastructure with predictive AI capabilities.

    This collaboration introduces four AI engineering competitions focused on price prediction challenges across major blockchains, including NEAR, Solana, Bitcoin, and Ethereum.

    By enabling autonomous bots to interact seamlessly with multiple chains while preserving data privacy, Shade Agents exemplify NEAR’s vision of serving as the “execution layer for the AI economy.”

    These developments have propelled the combined market capitalization of AI-related tokens to over $34 billion.

    Developers and capital are reflowing into top AI-related projects and NEAR’s scalable, sharded architecture gives it an upper hand.

    Nvidia’s $100 billion bet on OpenAI

    Compounding this excitement is the seismic announcement from industry giants OpenAI and Nvidia on September 22, 2025, which has sent ripples through the AI and crypto sectors.

    Nvidia revealed plans to invest up to $100 billion in OpenAI to deploy at least 10 gigawatts of AI data centers powered by millions of its GPUs, marking what executives described as the “biggest AI infrastructure deployment in history.”

    The first gigawatt is slated for rollout in late 2026 using Nvidia’s Vera Rubin platform, with the partnership aiming to accelerate OpenAI’s pursuit of superintelligent systems.

    OpenAI CEO Sam Altman highlighted its role in scaling compute for agentic AI and multimodal applications.

    Notably, OpenAI and NVIDIA’s landmark collaboration not only boosted Nvidia’s stock by nearly 4%, adding $170 billion to its market cap, but also amplified the AI supercycle.

    NEAR, riding the sentiment, is up 9% in the past 24 hours and now stands over 16% in the past week.

    Near price forecast

    With AI momentum ticking even higher, analysts project a bullish trajectory for crypto tokens within the ecosystem. Projects like Worldcoin, Bittensor and Render are recording significant network growth, and among these stands NEAR Protocol.

    NEAR price chart by TradingView

    Past bullish flips have seen most tokens at the intersection of AI and blockchain technology bursting into life.

    In 2025 and beyond, Near Protocol claims to be one of the top platforms. Fueled by its AI integrations, developer adoption, and macroeconomic tailwinds like the Federal Reserve’s recent rate cut, price has hovered at key levels.

    Short-term, network growth metrics and technical strength are key. The daily chart above suggests NEAR could successfully retest resistance at $3.50 and target highs of $4.00 and then $8.20 for a 200% rally.

    On the downside, support is likely around $2.30 and $1.89.

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  • Aave price slides 10% as bearish momentum sweeps crypto

    Aave price slides 10% as bearish momentum sweeps crypto

    Early PUMP investors dump 25.5B tokens, pocketing nearly $40M profit

    • Aave dropped 10% in the past 24 hours, signalling strong bearish control.
    • On-chain data shows increased net outflows and spiking intraday volume, indicating panic selling by traders.
    • The $265–$250 range is critical, with a potential further decline to $225 if support fails.

    Aave, a leading decentralized finance token, has seen its price drop to $250 as the cryptocurrency market experiences significant price swings.

    Increasing bearish momentum has driven significant selling pressure, with Bitcoin and Ethereum at key levels.

    Aave price slides to $250

    Aave’s price has dropped sharply to $250, breaking below the critical $270–$265 support zone in a decline that marks a significant retreat from its recent highs near $300.

    The token now trades well below its key exponential moving averages and is down 25% in the past 30 days.

    On-chain data reveals substantial outflows, with netflows showing $11.26 million in exchange movements.

    This kind of outlook signals panic-driven selling among traders.

    For AAVE, the immediate support range of $245–$250 is now critical, with a potential further slide to $229 if this level fails to hold.

    Despite the launch of Aave’s v4 upgrade, which introduced a cross-chain Hub-and-Spoke design, the token has struggled to maintain bullish momentum.

    Trading volume has increased 159% in the past 24 hours to $593 million. Although volume is up, the price decline reflects waning retail interest.

    Aave price drops as bearish momentum deepens

    The deepening bearish momentum in Aave’s price action reflects broader market challenges and technical breakdowns.

    The Relative Strength Index has fallen to 20.9, indicating heavily oversold conditions, though no immediate reversal has materialised.

    Aave’s market capitalisation has dropped to approximately $3.9 billion, reflecting its underperformance compared to other DeFi tokens.

    The crypto market has experienced setbacks, with reduced expectations for a Federal Reserve rate cut dampening demand for high-risk assets.

    Aave price chart by TradingView

    Large holders have reduced positions, with wallets holding 100,000 to 1 million AAVE cutting their stakes by 4.3%, as some analysts suggest that the oversold RSI could trigger a short-term relief rally.

    The failure to reclaim the $289–$292 range keeps the near-term outlook negative if selling pressure persists, as Aave risks testing the $2220 support level.

    AAVE bulls last saw these levels in early June 2025.

    Broader market outlook

    Bitcoin and Ethereum’s declines highlighted a sharp descent for most alts.

    Some of the top coins by market cap, like Solana, XRP and Dogecoin, shed recent gains.

    Aave’s decline to $250 and the mounting bearish momentum highlight the broader pressure on crypto and other risk assets following sharp gains in recent months.

    DeFi tokens, which surged alongside Ethereum’s run to record highs, are now facing renewed selling pressure in the current environment.

    Analysts are warning that September could see further downside, with expectations of deeper pullbacks if sentiment continues to sour.

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