AAVE Jumps 14% on Bybit-Mantle Integration, Eyes $190
Aave’s native token AAVE surged 14% over the past 24 hours to $188 on Tuesday, rebounding sharply from an early-week crypto sell-off. The rally made AAVE one of the top-performing DeFi assets, outperforming the CoinDesk 5 Index, which rose 8% over the same period.
The upward move followed a breakout above the $175 resistance level during U.S. trading hours, accompanied by a spike in volume—295% above the hourly average, according to CoinDesk Research. AAVE traded within a $24.90 intraday range, rising from $164.28, a 35.66% increase over its seven-day average.
Technical indicators confirmed bullish momentum. The token recorded three higher lows before surpassing $183.80 support, ultimately reaching a session high of $188.26, with trading volume supporting strong market control.
The surge was fueled in part by Aave’s expansion to Mantle (MNT), a layer-2 Ethereum scaling network integrated with Bybit’s 70 million users. The partnership connects centralized exchange liquidity with decentralized lending markets, while leveraging Mantle’s low-cost infrastructure to broaden access to DeFi lending.
“By bringing Aave’s lending markets to Mantle’s high-performance network with direct access to Bybit’s exchange, this integration makes transparent, on-chain finance available at global scale for institutions worldwide,” said Stani Kulechov, founder of Aave Labs.
With strong momentum and broader market support, AAVE is now targeting $190 as its next key level, signaling renewed optimism among DeFi investors.
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