AAVE: Stani Kulechov Eyes DeFi Layer Role
AAVE at $87.58 tests lower Bollinger support as Stani Kulechov discusses $150M revenue and on-chain finance shift amid bearish EMA structure.
SourceAnalysis
AAVE founder StaniKulechov built the protocol through a decade of DeFi skepticism, delivering nearly $150 million in net revenue while processing hundreds of millions in transparent liquidations during the last crypto market crash.
Michaël van de Poppe notes the protocol now stands ready for the next adoption curve as institutions eye on-chain finance rails.
Price action on the 4h chart shows AAVE at $87.58 pressing the lower Bollinger band near $88.21 support while EMA50 at $90.99 and EMA200 at $91.91 act as stacked resistance; the MACD death cross at -0.52 reinforces the bearish trend structure even as RSI at 31.05 leaves room for a relief bounce before any sustained move higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast