Will Aave AAVE go up or crash? Read our Aave Price Prediction 2021 and beyond
On the hunt for Aave predictions? Or have you been struggling to answer the question ‘is AAVE a good investment?’ Read on. Find out the top AAVE Price prediction forecast for 2021 and beyond and discover how much Aave could be worth.
After a relatively slow start, fourth-generation cryptocurrency Aave (AAVE) has had a volatile year. Are you wondering ‘is Aave a good investment’? Keep reading to discover some key predictions for the price of AAVE in 2021-2025 -2030.
According to the recent long-term forecast, Aave price will hit $600 by the end of 2021, $900 by the end of 2022 and $1,200 by the end of 2025. Aave AAVE will rise to $2,500 in 2027, $4,500 in 2030 and $6,000 in 2032.
At the time of writing, DeFi protocol Aave (AAVE) has a price of $398.06 and a market capitalization rate of $5,095,165,183. According to CoinMarketCap, this makes it the 27th largest cryptocurrency in the world, just ahead of Dai and Neo and beyond Monero. But what’s next for the price of AAVE?
If you’re considering adding Aave to your portfolio, read on. In this article, we’ll be exploring some of the top predictions for the price of Aave in 2021-2025. Still wondering ‘what is Aave?’ We’ll also explain what exactly this cryptocurrency is, how it works, and how its price has changed over the last nine months.
If you want to buy AAVE quickly and easily, with 0% Commission, check out eToro Exchange!
- What is Aave (AAVE) and How Does it Work?
- Short-term Aave (AAVE) Price Predictions: 2021
- Long-term Aave (AAVE) Price Predictions: 2022-2025
- How Has the Price of Aave (AAVE) Changed Over Time?
- What Factors Can Affect the Price of Aave (AAVE)?
- Key Points
What is Aave (AAVE) and How Does it Work?
Aava is a decentralized finance (DeFi) protocol that was designed to make it easier for people to lend or borrow cryptocurrency, specifically by removing the need for them to go through an intermediary. Users who lend a portion of their cryptocurrency reserves earn interest, while users who borrow cryptocurrencies pay interest.
Originally launched under the name ETHLend in 2017, the platform was rebranded to Aave — which means ‘ghost’ in Finnish — in September 2018. Like many DeFi crypto protocols, Aava was built on the Ethereum network. It’s a decentralized autonomous organisation, otherwise known as a DAO, which means its governance model allows people who hold AAVE tokens to vote on policies.
From the description, Aave sounds remarkably similar to other DeFi lending platforms, such as Compound (COMP) or Yearn Finance. But the protocol does have a number of USPs that help it stand out from the crowd. Some of these include:
- The Aave platform supports the lending and borrowing of around 20 cryptocurrencies, which is more than some of its competitors.
- It offers ‘flash loans’ which are often referred to as the first uncollateralized loan option within the DeFi sector.
- It’s possible for users to alternate between fixed and variable interest rates, which enables them to alter their interest in line with the market. For example, fixed rates can be useful if the market is volatile, while variable interest rates can help users cash in on price changes if a borrower believes the asset they wish to borrow will soon fall in price.
Short-term Aave (AAVE) Price Predictions
Aave AAVE price prediction for 2021
What are crypto experts forecasting for Aave in 2021?
Aave is one of the biggest names in the DeFi sector, but its recent performance has left some investors confused. Is Aave a good investment 2021? After six of the most volatile months the market has ever seen, let’s take a look at what could happen before the start of 2022.
Our first short-term Aave price prediction comes from Wallet Investor. The platform is incredibly optimistic about the cryptocurrency’s prospects, believing AAVE price will undergo a steady growth rate of approximately $150 every two months.
After the extreme volatility of the last year, this regular growth would be a welcome change.
According to Wallet Investor’s analysis, Aave AAVE could be worth a maximum price of $902.163 by the end of December 2021.
Even average and minimum prices of Aave ($791.450 and $695.410, respectively) are an encouraging prospect, especially as this bull run will clearly pave the way for continued growth up until June 2022.
If the platform’s maximum predictions are accurate, we could see Aave hit a new all-time high (ATH) at some point during September 2021. Its current ATH is $648.54, which it reached on the 18th May. Unfortunately, this achievement wasn’t long-lived, but if Wallet Investor is correct, the asset will have much better luck the second time around.
Long Forecast, by contrast, doesn’t expect Aave’s growth to be so linear. Its technical analysis suggests that the price of Aave will slump throughout the rest of the year, hovering between $260 and $360 for a good three months.
AAVE Price Predictions For 2021:
As we can see from the table above, this is hardly the rocketing growth rate that Wallet Investor expects to see.
Instead, Long Forecast believes that Aave will reach its lowest price since January 2021 ($275) before the end of June. The AAVE asset will rally slightly but its growth won’t be straightforward, dipping below $350 at varying intervals on its way up to $483.
Considering Aave’s current price is just under $400, this prediction is a little disappointing. At best, we could see an increase of $83 — which, while better than nothing, is unremarkable given the crypto’s unprecedented growth rate earlier on in the year.
At the other end of the scale, the Italian cryptocurrency site Previsioni Bitcoin has given one of the most bullish predictions.
The technical analysis tells a very different story, suggesting that the price of Aave could be $533.92 by July 2021. This growth rate will only continue; by December 2021, we could see a staggering top price of $989.3628. At almost $600 higher than its current price, this forecast is excellent news for investors who are wondering ‘will Aave go up?’ — or even, ‘will Aave reach $1000?’.
According to Robert Art, the price of AAVE will one day reach $2000. Recently on Twitter, he made the prediction that “Aave will deliver better returns than Ethereum. Why? Ethereum has 20 times the capital invested in it. Moving 5 billion to $50 billion is a lot easier than moving $180 billion to $1.8 trillion.”
Similarly, the Crypto Coin Society has predicted that the price of Aave will reach $950 before the end of 2021, representing an increase of around 350% on its current price. CoinLiker.com is also optimistic about Aave AAVE’s prospects in 2021. It predicts that the price of Aave will hit $850 within the next six months.
What Will Happen to the Price of Aave (AAVE) in 2021?
The price of Aave could increase in 2021. Wallet Investor and Previsioni Bitcoin are both very optimistic about the short-term prospects of Aave, Long Forecast is a little more cautious. We could see the price of Aave brush against $1,000, or we could see it slump back to an average of around $350 for most of the rest of the year.
Will the Price of Aave (AAVE) Go Up in 2021?
Yes, it seems probable that the price of Aave will go up in 2021, although the predictions don’t agree about the exact growth rate. According to these forecasts, Aave could go up by anything from $83 to almost $600.
Additional predictions for the price of Aave in 2021 include:
- Digital Coin Price: $571.17
- Trading Beasts: $559.614
- Cryptocurrency Price Prediction: $2,275.37
- Coin Price Forecast: $541
- Coin Skid: $607.90
- CryptoNewsz: $800
Read Also: Could Aave Be A Millionaire-Maker Coin?
Long-term Aave (AAVE) Price Predictions: 2022-2025
What are crypto experts forecasting for AAVE Aave in 2022 and beyond?
The first half of 2021 was incredibly eventful for the crypto market. As we enter the second half of the year, many investors are looking ahead to 2022-2025 to see what the long-term effects of the recent volatility could be. Below, we’ve outlined some of the top cryptocurrency price predictions for Aave in the coming years.
Digital Coin Price gave an average prediction of $571.17 for 2021, but what does it expect to happen in the run up to 2030? Its technical analysis suggests we could see a healthy growth rate that, although lower than the one predicted by Cryptocurrency Price Prediction, will take the AAVE asset to the following prices.
If this forecast is correct, we could expect to see the following Aave prices over the coming years:
- 2021: $571.17
- 2022: $688.77
- 2023: $827.04
- 2024: $969.89
- 2025: $1,227.07
- 2026: $1,447.30
- 2027: $1,567.65
- 2028: $1,783.00
- 2029: $2,101.45
- 2030: $2,350.50
We can see these prices relative to each other by looking at the graph below:
Digital Coin Price believes that Aave will ultimately gain value year-on-year, with an annual price increase of approximately $200 on average. Its largest growth rate will apparently occur between 2024 and 2025, when the price of AAVE will rise from $969.89 to $1,227.07 — an increase of around $260.
If you’ve been wondering ‘will Aave reach $1,000?. Digital Coin Price expects the AAVE asset to hit the $1000 milestone by 2025, with the price continuing to climb all the way up until 2030.
According to Digital Coin Forecast, The price of Aave AAVE will be valued at $571 in 2021, $689 in 2022, $827 in 2023, $970 in 2024, $1,228 in 2025, $1,447 in 2026, $1,568 in 2027, $1783 in 2028, $2,101 in 2029, and $2,351.
Previsioni Bitcoin was very optimistic about Aave’s short-term prospects, believing the AAVE asset would reach a top price of $904.4028 by the end of December 2021. Its prediction for 2023 is significantly more volatile, as we can see from its graph below.
After opening the year at a price of $689.8368 — around $230 lower than its top price for 2021 — Aave will undergo a series of peaks and troughs before hitting its yearly low of $492.2273 in July 2023. The good news is that the crypto will rally from here; between July and September, we could see an enormous growth rate as Aave rises from its yearly low to $869.4818, before climbing further to hit its yearly high: $941.3398.
If this prediction is correct, it does mean that Aave will gain value over the next two years. But the forecast is still a little disappointing. Previsioni Bitcoin’s top predicted price for 2023 is less than $40 higher than its top price for 2021, and although it’s actually more than $100 higher than Digital Coin Price’s prediction for the same year, it’s underwhelming compared to the Italian cryptocurrency site’s short-term forecast.
Coin Price Forecast has given a brighter prediction. Not only does it expect to see lower levels of volatility than Previsioni Bitcoin, but it also believes that the price of Aave will hit the $1,000 resistance level by the end of 2023.
Aave Price Predictions For 2021-2025
The growth rate in the table above is far cry from the volatile trend we saw on Previsioni Bitcoin’s graph. Coin Price Forecast believes that the price of Aave could increase by at least $100 in the last six months of every year from 2022 onwards. This suggests that the long-term prospects of Aave are strong — it may be able to sustain the bullish growth it saw earlier on in 2021 and will bounce back from its current bearish downturn.
In fact, Coin Forecast thinks Aave price will be valued at $580 in 2021, rising to $798 by the end of 2022, $850 by the end of 2023, $1,100 by the end of 2024, and an impressive $1,800 by the end of 2025.
For the end of 2025, Coin Price Forecast has given a top price of $1,614. This is higher than Digital Coin Price’s prediction for the same year, which was $1,227.07, but it’s notable that both expect the asset to surpass $1,000 in four years’ time. If you’ve been wondering ‘will Aave reach $1000?’, this should be an encouraging sign.
However, as a long-term investment, it projects that AAVE could perform much better. According to its predictions, the value of the Aave AAVE token could rise to $620 by the very end of 2021, rising to $750 in 2022, and achieving a mean price of $1500 by 2025.
What Will Happen to the Price of Aave (AAVE) in 2025?
According to the predictions, the price of Aave could reach $1,000 between in 2025. Although Previsioni Bitcoin expects to see high levels of volatility in 2023, with the price of Aave rising from $492.2273 to $941.3398 in the second half of the year, Digital Coin Price and Coin Price Forecast both expect the AAVE asset to pass the $1,000 mark before the end of 2025.
Will the Price of Aave (AAVE) Go Up in 2025?
Yes, it seems as though the price of Aave will go up in 2025, though its growth rate might not be completely linear.
Additional predictions for the price of Aave (AAVE) for 2022, 2023, 2024, and 2025 include:
- Wallet Investor: $902.163
- Trading Beasts: $800.735
- Previsioni Bitcoin: $1,501.476
- Crypto Coin Society: $1,288
- CryptoNewsz: $950
- Cryptocurrency Price Prediction: $6,521.31
- Long Forecast: $1,157
- Coins Kid: $516.82
- Wallet Investor: $1686.050
- Trading Beasts: $1,022.574
- Coins Kid: $808.11
- CryptoNewsz: $1,200
- Cryptocurrency Price Prediction: $7,839.83
- Long Forecast: $1,342
- Crypto Coin Society: $1,456
- Wallet Investor: $2481.870
- Trading Beasts: $1,199.970
- Coins Kid: $1,140.38
- CryptoNewsz: $1,500
- Long Forecast: $561
- Crypto Coin Society: $688
- Wallet Investor: $3276.660
- Coins Kid: $1,761.70
- CryptoNewsz: $1,750
- Cryptocurrency Price Prediction: $17,532.71
- Long Forecast: $435
- Crypto Coin Society: $333
Conclusion: Aave (AAVE) Price Prediction Forecast
The below prediction figures outline some of the Potential high and low of Aave (AAVE) price prediction forecasts in 2021, 2022, 2023, 2024 and 2025 offered by technical analysts and industry experts.
How Has the Price of Aave (AAVE) Changed Over Time?
As a third generation cryptocurrency, Aave came to the market in 2017 under the name ETHLend and rebranded to ‘Aave’ in 2017. The chart below, which comes from CoinMarketCap, shows how the asset’s price has changed since October 2020.
Until being caught up in the market-wide bull run in the middle of November, Aave was trading at a fairly low price of between $20 and $60. This all changed after the crypto hit $70, $80, and even — very briefly — $90 throughout December, although its growth rate wasn’t linear and we still saw high levels of fluctuation. It wasn’t until January 2021 that Aave finally passed the $100 resistance point, and once it had, its price just kept going.
By the end of 31st January, the price of Aave had reached $304.49. It had gained more than $200 over the course of the month, in line with the stratospheric increases we saw all across the market. After hitting a series of new ATHs, Aave maxed out at $555.24 in February, before its price came sliding back down to around $300.
During March, April, and the first half of May, Aave remained above $300, occasionally jumping back up to around $450. Then, the last few weeks have been some of the most volatile the market has ever seen. A second bull wave took the price of Aave up to a new ATH (still its current record) of $643.07 on 18th May — but after Elon Musk made a series of comments that have been credited with causing the latest crash, its price plummeted back down to $242.31 on 23rd May. This was its lowest price since the start of January.
Although Aave’s current price is over $100 higher than its yearly low, investor confidence remains shaky. The last market-wide bull run in 2017-18 was followed by a sharp crash that decimated the value of almost every major cryptocurrency. Will the price of Aave go down again? Only time will tell.
Don't Miss: 17 Reasons Why You Should Invest in AAVE Today
What Factors Can Affect the Price of Aave (AAVE)?
As a cryptocurrency that’s active in the DeFi sector, there are a number of key factors that can affect the price of Aave. By understanding how external events can cause the value of AAVE to rise or fall, you can monitor the market much more effectively and potentially cash in on sudden changes in value.
The Price of Bitcoin
Over the last few weeks, we’ve been reminded how closely the state of the cryptocurrency market mirrors the price of Bitcoin. There are various reasons for this. Because Bitcoin was the first, biggest, and most famous crypto, most of the people who are willing to invest in digital assets at all have invested in Bitcoin. This means that when confidence in BTC rises or falls, it has a ripple effect that is felt throughout the market.
When Elon Musk announced that Tesla would no longer accept BTC payments for its cars due to the environmental impact of cryptocurrency mining, it caused the value of Bitcoin to lose thousands of dollars overnight. In line with this, the price of other cryptos fell too. Aave plummeted to its lowest price since January 2021 ($242.31) in the wake of the announcement, in which Musk said: “Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at a great cost to the environment.”
The Rise of DeFi
The decentralized finance sector has taken the crypto world by storm. Decentralized finance, known as DeFi, is the idea that people have a right to access financial services that aren’t owned by central bodies such as banks and big businesses.
The cryptocurrency market is almost fully decentralized, which is its main attraction for many people who believe DeFi is the future. As one of the first cryptocurrency protocols in the DeFi space, Aave is perfectly placed to take advantage of this demand. It has a more democratic approach to finance, refusing to introduce policies such as KYC (know your customer) that other financial services are obliged to employ as a way of screening their users.
- Aava is a decentralized finance (DeFi) protocol that was designed to make it easier for people to lend or borrow cryptocurrency, specifically by removing the need for them to go through an intermediary.
- At the time of writing, DeFi protocol Aave (AAVE) has a price of $398.06 and a market capitalization rate of $5,095,165,183.
- Aave is currently the 27th largest cryptocurrency in the world.
- According to Wallet Investor’s analysis, Aave could be worth a maximum price of $902.163 by the end of December 2021 — that’s around $500 higher than its current value.
- Long Forecast believes that Aave will reach its lowest price since January 2021 ($275) before the end of June. The asset will rally slightly but its growth won’t be straightforward, dipping below $350 at varying intervals on its way up to $483.
- Previsioni Bitcoin believes that Aave could be worth $989.3628 by the end of December 2021.
- Digital Coin Price expects the price of Aave to grow year-on-year, eventually hitting $1,227.07 by 2025.
- In 2023, Previsioni Bitcoin expects Aave to hit a yearly low of $492.2273 in July before closing the year at a healthier price of $941.3398.
- According to Coin Price Forecast, the price of Aave will hit the $1,000 resistance level by the end of 2023 and reach $1,614 by the end of 2025.
- Aave’s current ATH is $643.07 which it hit on 18th May.
- Factors that can affect the price of Aave include the price of Bitcoin and the growing demand for decentralized finance (DeFi) services.
If you’ve been looking for Ripple AAVE price predictions for 2021-2025, we hope you’ve found this article helpful. Cryptocurrency investing is notoriously risky and it’s vital to have a robust risk management strategy in place if you’re considering adding Aave AAVE to your portfolio — especially as the current cryptocurrency predictions vary hugely when it comes to the price of Aave in 2021-2025.
According to these predictions, it seems that it’s best to invest in Aave if you’re prepared to play the long game. We may be likely to see a dramatic price increase, as the charts suggest it could be a smart investment for those who are happy to take long-term positions.
eToro – The Best Platform to Buy Aave
eToro have proven themselves trustworthy within the Crypto industry over many years – we recommend you try them out.
Virtual currencies are highly volatile. Your capital is at risk.
Whether you’re an existing or prospective Aave investor, we hope these predictions have been helpful. Although there is a lot of variation between forecasts, the overall trend appears to be bullish - a reassuring sign after the asset’s recent performance.