
AAVE price has been moving mostly sideways lately, hanging out between $250 and $260. The protocol is still one of the biggest names in DeFi, holding over $50 billion in total value locked (TVL), but the token is far from its all-time high of $670.
Even with that, AAVE has had a wild year. It peaked at $378 in January 2025, then jumped to $220 in March before slipping into this choppy range. Right now, traders are watching closely because the charts suggest momentum is still soft, with MACD and RSI leaning bearish.
With AAVE playing such a big role in DeFi, we asked GROK AI what it thinks could happen with the price in August.
What you'll learn 👉
What’s Going On With AAVE Right Now?
AAVE is still the king of DeFi lending, controlling over 50% of the market and running across multiple blockchains. Its ecosystem keeps growing, with wrapped BTC support, the GHO stablecoin, and upcoming Layer 2 integrations. All of that makes the protocol hard to ignore.
It’s not all smooth sailing, though. A phishing attack in June shook some confidence, and volatile borrowing rates, especially with stETH pools, have caused some market swings. Technically, AAVE price is struggling to break above $255, while support around $249 is holding for now.
One bright spot is the DAO. It cut token emissions by 25% in late July and picked up over 66,000 AAVE tokens at an average of $220. Those buys are already in profit, which shows some confidence from within the community.
The world's leading DeFi protocol, meets the world's leading crypto wallet.
— Aave (@aave) July 28, 2025
Earn with Aave, directly on @MetaMask. pic.twitter.com/YY8jdgMLQ5
GROK Price Predictions for August
GROK sees three possible paths for AAVE this month: bearish, neutral, and bullish.
Bearish Case ($200–$227):
If AAVE price can’t hold $249, it could slide to $227. A weak market, more security scares, or a bigger crypto pullback could trigger this drop.
Neutral Case ($250–$300):
The most likely scenario is more consolidation between $250 and $300. As long as it holds the 200-day EMA and DeFi activity stays steady, AAVE could just grind sideways.
Bullish Case ($315–$356):
If AAVE price breaks $301 and sentiment flips positive, it could push toward $315–$356. Whale buying, smooth GHO adoption, or a new exchange listing could all give it that extra boost.
Read Also: Can Kaspa Fundamentals Push KAS to $1 in 2025? Here’s What the Community Thinks
What Could Move AAVE Price Next?
It all comes down to fundamentals and market mood. AAVE is still a DeFi heavyweight with strong adoption and expanding multichain support. Cutting token emissions and steady DAO accumulation only help its long-term outlook.
Traders are just waiting for a clear signal. A clean break above $301 could kick off a rally, while losing $249 would point to more downside. For now, August is shaping up to be a month of watch-and-wait, but GROK thinks AAVE price still has room to surprise if momentum returns.
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