AERO is catching a lot of eyes right now as traders look for the next big move on the Base network. Instead of a native Base token, AERO has become the key piece that keeps liquidity and governance flowing.
With network activity climbing and the chart showing a classic setup, many traders are watching closely to see if AERO price is about to start its next strong rally.
What you'll learn 👉
Base Network Growth and What Analyst Sees for AERO
Crypto analyst CryptoED shared on X(Formerly Twitter) that Base could “steal the spotlight this cycle,” even without a native token.
In his view, AERO is the fuel that keeps the whole ecosystem running. Through veTokenomics, AERO locks help drive liquidity, rewards, and governance across Base.
The numbers he shared back that up. More than half of AERO’s total supply is locked. Aerodrome is already among the top 15 projects by revenue and ranks sixth among all decentralized exchanges by trading volume.
It’s also a top 8 DeFi app by fees. User activity, total value locked, and trading volume keep rising, adding more weight to AERO’s growing role inside the Base network.
What the AERO Chart Is Showing
On the technical side, AERO price is trading near $1.07 after a strong move up to about $1.70–$1.80 earlier.
The AERO chart now shows a classic A-B-C correction, with analysts saying the market is likely in the final “C” leg of a bigger Wave (2) pullback. After a quick bounce to $1.10-$1.12, sellers stepped back in.
Traders are watching the $0.92-$0.88 zone closely. That’s where key Fibonacci extension levels line up, and it could be where Wave (2) ends.
Below that, the next big support sits around $0.72. If AERO price starts moving higher again, the first resistance is near $1.35-$1.40, with the old high at $1.70-$1.80 above that.
Read Also: Here’s Why Aerodrome Finance (AERO) Price Could Be Ready for Its Next Big Rally
What Comes Next for AERO
The short-term trend is still pointing down, but the bigger picture is different. If AERO price holds above $0.72 and builds a base near that $0.92–$0.88 range, analysts expect the next impulsive wave to begin.
Elliott Wave theory points to a Wave (3) rally that could push AERO past its previous highs, matching the strong growth that CryptoED sees across the Base network.
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