AAVE Surges 14% as Bybit-Mantle Integration Expands DeFi Reach
Aave’s native token AAVE rallied 14% over the past 24 hours to $188 on Tuesday, rebounding strongly after early-week losses in the broader crypto market. The gain made AAVE one of the top-performing DeFi assets, surpassing the CoinDesk 5 Index, which climbed 8% during the same period.
The surge was driven by a breakout above the $175 resistance level during U.S. trading, with trading volume spiking 295% above the hourly average, according to CoinDesk Research. AAVE traded within an intraday range of $24.90, rising from $164.28—a 35.66% increase over its seven-day average.
Technical indicators pointed to sustained bullish momentum. The token recorded three higher lows before surpassing $183.80 support, reaching a session high of $188.26, with volume confirming strong market control.
Investor optimism was further boosted by Aave’s integration with Mantle (MNT), a layer-2 Ethereum scaling network connected to Bybit’s 70 million users. The partnership connects decentralized lending markets with centralized exchange liquidity while leveraging Mantle’s high-performance, low-cost infrastructure to broaden access to DeFi.
“By bringing Aave’s lending markets to Mantle’s network with direct access to Bybit, this integration makes transparent, on-chain finance available at a global scale for institutions worldwide,” said Stani Kulechov, founder of Aave Labs.
With momentum building, AAVE is now eyeing $190 as its next target, signaling renewed confidence in DeFi markets.
