October 21, 2025
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Aave Rebounds Above $230 Confirming Double-Bottom Reversal

On the news front, Aave said it would expand its collateral assets with Maple Finance’s institutional-grade yield tokens.”, — write: www.coindesk.com

Aave Rebounds Above $230 Confirming Double-Bottom ReversalOn the news front, Aave said it would expand its collateral assets with Maple Finance’s institutional-grade yield tokens.

Oct 21, 2025, 5:45 p.m. .m..

Translated by IA

The governance token of Aave AAVE$230.46the world’s largest decentralized lending protocol, advanced 2.5% on Tuesday afternoon above $230, recovering from an overnight selloff.

The token pushed through key resistance levels, confirming a double-bottom support zone between $220 and $221.13 and triggering a reversal as volume spiked nearly 90% above daily averages, according to CoinDesk Research’s analytics model. The breakout above $224.50 signaled renewed buying interest, capped by institutional accumulation in the final minutes of trading.

The move happened as the broader crypto market bounced, as a selloff in gold and silver pointed to renewed appetite for risk assets.

Aave also unveiled Tuesday a partnership with Maple Finance (SYRUP) to onboard institutional-grade assets as new forms of collateral. The integration will start with syrupUSDT, followed by syrupUSDC — products backed by Maple’s managed yield strategies — to be used for borrowing across Aave’s lending markets, beginning with its Plasma and core markets.

The collaboration aims to bridge institutional capital and DeFi liquidity. Maple, which manages billions in onchain lending volume, brings allocators and borrowers seeking consistent yield. Aave, with over $3.2 trillion in lifetime deposits since its 2020 launch, offers the liquidity depth to absorb that demand.

For users, this means higher-quality collateral and more stable borrowing demand. For the protocol, it could support Aave’s variable-rate model through a broader base of non-volatile, creditworthy assets. In a volatile macro environment, the move signals a shift toward more predictable, capital-efficient lending mechanics in DeFi.

Technical analysisKey technical levels signal a potential reversal for AAVE, CoinDesk Research’s analysis model suggested.

  • Support/Resistance: Double-bottom support holds at $220.00-$221.13 zone.
  • Volume Analysis: Massive 87% surge above daily average during breakdown followed by concentrated accumulation.
  • Chart Patterns: Downtrend with lower highs reversed by double-bottom formation and decisive breakout above $224.50 resistance confirms reversal potential.

Disclaimer: Parts of this article were generated with the assistance of AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

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