Ethena surges 4.96% as derivative traders fuel momentum, while spot traders continue selling.
Ethena (ENA) has gained significant traction ever since its launch, but its price performance gains excitement and skepticism simultaneously. Considerable concerns exist as the token has not created a new ATH in a year.
AAVE signaled a potential rebound as buying interest grew. Rising volume and netflow shifts hinted at a price recovery, but traders watched key resistance levels for confirmation.
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Despite the recent positive momentum in the market, the AAVE price seems to be back under bearish pressure over the past day. As a result of the dwindling sentiment, the price of AAVE has dropped beneath the psychological $200 level in the last 24 hours.
Amid the crypto market downturn, the Ethena Token (ENA) is witnessing a significant price rally, surging 20% from yesterday's dip. The price spike, especially in the turbulent market, has caught everyone's attention.
XRP price has pulled back in the past few days, and is at risk of further downside after forming a head and shoulders pattern on the daily chart. Ripple was trading at $2.3515 on Saturday, down by over 30% from its highest level this year.
The past month's liquidation heatmap highlighted the $0.48-$0.515 as a strong magnetic zone.
The crypto market today continues to spark investor uncertainty, showcasing riveting movements. Bitcoin (BTC) price stagnates around $85K as the week comes to an end, whereas altcoins mimic a volatile trajectory.
AAVE's technical indicators and whale buys hinted at a possible breakout if key levels are surpassed.
This week has been marked by significant volatility. Many cryptocurrencies briefly plunged to multi-month lows amid widespread market uncertainty triggered by Donald Trump's trade wars.
Cardano (ADA) was also among the underperformers, falling 2.9%.
The crypto market slid back into the red as it declined over 4%, slipping below the $3 trillion mark and moving to its current $2.87 trillion. Bitcoin (BTC) is down nearly 5% despite Donald Trump's announcement of a strategic reserve consisting of Bitcoin.
Aave (AAVE) has been making headlines recently after breaking out of a descending wedge pattern, which raised an 11.78% price surge. As of writing, Aave is trading at $232, showing substantial bullish momentum.
Aave (AAVE), a decentralized lending and borrowing protocol based on the Ethereum blockchain, has gained significant attention since its inception in 2017. As a DeFi protocol, Aave allows users to borrow and lend cryptocurrencies with interest, facilitating liquidity and decentralized finance.
Ethena (ENA) triggered a significant event in the crypto market by unlocking 2.07 billion ENA tokens, valued at approximately $740.71 million. This massive increase in circulating supply, accounting for 39.17% of the total supply, raised important questions about market stability, price volatility, and investor sentiment.
Aave broke above its descending wedge pattern on the 4-hour chart and surges 11.78%.
Amid the ongoing market uncertainty, crypto whales are seen offloading Ethena (ENA) tokens. Today, March 6, 2025, a prominent crypto expert posted on X (formerly Twitter) that whales have dumped a significant $148 million worth of ENA tokens onto the exchanges in the past 48 hours.
ENA unlock injected $740.71 million into the market, influencing price action, volatility, and investor sentiment.
Ethena (ENA) has recently experienced a price uptick of 17%, following a challenging start to the year. This rise, however, comes after significant losses that started early in 2025, exacerbated by a massive token unlock event in the last 48 hours.
The move comes amid a series of proposals part of Aave's “GHO cross-chain strategy" aimed at driving the stablecoin's adoption.
The crypto market is recovering today after selling off most of its Sunday gains at the beginning of the week. Two tokens stand out from the crowd, AAVE (AAVE) and Chainlink (LINK), as they have posted double-digit gains in the past 24 hours.
Ethena (ENA), the governance token of Ethena Labs, has surged by an impressive 11% within 24 hours, climbing to $0.3791 amid a broader cryptocurrency market recovery. This rebound follows a brutal 69% correction over the past 60 days, offering a glimmer of hope to investors.
Aave's (AAVE) recent 15% price surge has fueled optimism within the DeFi community, as the protocol rolls out a bullish buyback program designed to reverse the coin's sharp 50% decline. Despite a broader bearish market, AAVE's rally is largely driven by a $1M weekly buyback proposal, which could reshape the future of the token's market performance.
Through the new proposal, the ACI wants to improve Aave's secondary liquidity protocol management, update AAVE tokenomics, and finalize the LEND-to-AAVE migration.
Aave gains 15% amid bullish buyback proposal, increased accumulation, and booming treasury despite bearish market structure.
Bitcoin (BTC) staged a sharp recovery, rebounding from a sell-off sparked by Trump's announcement of 25% tariffs on US imports from Canada and Mexico. The downturn wiped out $460 billion from the total crypto market capitalization, triggering $985 million in liquidations and sending BTC plunging to $82,000.
Decentralized finance (DeFi) token AAVE has emerged as the market's top gainer in the past 24 hours, soaring 20%. The surge follows the release of a new governance proposal to restructure the protocol's tokenomics.
Aave's DAO proposal announcing increased profit sharing, token buybacks, and user protections has driven AAVE's price up 21% in 24 hours while showcasing the platform's financial strength with $115M in reserves.
AAVE bounced back from its recent drop after Aave announced plans to revamp its tokenomics, sparking fresh interest among whale investors. According to data from crypto.
Aave's cash pile has ballooned by 115% to $115 million since mid-2024, with the platform's GHO stablecoin hitting a $200 million supply and reporting strong revenues.
Bybit has announced a new initiative to reward users who hold or use Ethena's USDtb stablecoin.
The crypto verse has managed to rise back up from yesterday's slump, with the total market cap climbing by 4.08% to $2.86 trillion. While the market showed signs of getting stabilized, the trading volumes dipped south by 19.73% to $148.18 billion.
The Aave Chan Initiative (ACI), led by founder Marc Zeller, has introduced a new proposal to revamp the Aave (AAVE) protocol's tokenomics, revenue distribution, and liquidity management.
Ethena Labs' USDe continues to make moves to position itself as a logical alternative to USDC and USDT as the stablecoin competition heats up. The latest in a series of progressive moves Ethena Labs has made regarding USDe involves Bybit, one of the largest exchanges in the industry right now.
Aave has proposed a comprehensive update to its economic framework, focusing on revenue distribution, staking incentives, and liquidity management. The proposal, introduced by Aave Chan Initiative (ACI) founder Marc Zeller on March 4, is considered a pivotal development in Aave's evolution.
The move comes as the stablecoin market grows increasingly more competitive and the U.S. nears creating regulatory certainty around stablecoins.
A major Aave contributor has submitted a plan to upgrade the protocol's tokenomics following a successful temperature check last August.
According to a March 4 proposal, the new “Aavenomics” implementation would include an Aave buyback and distribution program.
In the times when volatility strikes the crypto markets, the market participants become uncertain over the next price action. In such situations, the positive rounds usually attract a significant volume onto the platform, which is seen with AAVE. The trading volume over the platform surged notably by over 65%, reaching close to $595 million.
Aave governance has proposed updates to its tokenomics, introducing Anti-GHO tokens, restructuring staking rewards, and deprecating LEND. The plan includes treasury oversight by a new finance committee, secondary liquidity adjustments, and a buyback program to support AAVE's market value and ecosystem sustainability. The post Aave Proposes New Tokenomics, Shifting Revenue and Liquidity Management appeared first on Cryptonews.
TL;DR Aave DAO is evaluating a proposal to modify its economic structure, including changes in treasury management and liquidity incentives. A financial committee would be created to manage reserves and execute a token buyback program of $1 million per week for six months.
Aave (AAVE) proposed a vote to expand revenue distribution for both GHO and AAVE holding programs. The vote follows a temp check on the new tokenomics, proposed in 2024.
Aave DAO has introduced a major governance proposal aimed at enhancing the AAVE token economy. The proposal includes a structured AAVE buyback plan, redistribution of excess revenue, and upgrades to liquidity management.
The Aave community introduced a vital proposal on Tuesday, March 4, seeking to optimize AAVE's economics. While the crypto space displayed skepticism despite Trump's crypto strategic reserve declaration, AAVE enthusiasts aim to alleviate the altcoin's value through different strategies. These include token buybacks, axing LED token migration, liquidity enhancement, and re-distribution of extra profits.
The proposal builds on a temp check, approved in August 2024, to adopt a fee switch to return some of the platform's excess revenue to users.
Ethena token unlock will release $728 million worth of tokens on March 5, adding 2.07 billion ENA into circulation. According to data from Tokenomist, this unlock accounts for 66.19% of its total supply.
Over 2.07 billion Ethena (ENA) tokens worth $820 million will hit the crypto market in the first week of March.