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Aave (AAVE) Price Jumps by 25% in 24 Hours: Key Reasons
GameFi Guides

Aave (AAVE) Price Jumps by 25% in 24 Hours: Key Reasons

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  • AAVE price spikes by 25% amid market apathy: Reasons
  • Aave (AAVE) now responsible for 20% of all DeFi TVL

AAVE, a core cryptocurrency token of Aave, a leading DeFi protocol on EVM blockchains, outperforms all of the major cryptos. While the market benchmark is in the red, the AAVE price has logged a 25% overnight price increase. AAVE crypto might benefit from the U.S. GENIUS Act gaining support.

AAVE price spikes by 25% amid market apathy: Reasons

Today, May 20, 2025, AAVE, a native governance crypto of the eponymous blue-chip DeFi, has seen its price spiking by 25% in less than one day. The AAVE price jumped from $213 to a three-month high over $267. AAVE becomes the best performer in the top 100.

Image by CoinGecko

On social media, the cryptocurrency community attributed the success of AAVE to the GENIUS Act, which eases crypto regulation in the U.S. and makes it less hostile to DeFi and stablecoins.

Affected by this optimism, other DeFi tokens are also outperforming today. For instance, CRV crypto of Curve Finance DeFi is the second best performer with an 8% upsurge, while JUP of Solana’s DeFi Jupiter is up by 5%.

By contrast, the market benchmark is in red today. The total capitalization of the cryptocurrrency segment dropped by 1.5% overnight, while Bitcoin (BTC) is only up 0.3%.

Aave (AAVE) now responsible for 20% of all DeFi TVL

Ethereum (ETH), the second-largest cryptocurrency, is up by 1%, while other majors XRP, BNB, DOGE and ADA are all losing value.

Aave (AAVE) also accomplished a number of records in its total value locked (TVL) metrics. After a recent upsurge, its TVL hit a new all-time high over $30 billion.

That said, it exceeds all CeFi TVL combined and is equal to an unbelievable 20% of aggregated TVL of all DeFis in Web3.

Many analysts see the run of AAVE as the first signal of altcoin season incoming. Optimists see the token reaching $280-$200 in the near future.



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49 Million SHIB Burned as Shiba Inu Burn Rate Jumps 17,900%
NFT Gaming

49 Million SHIB Burned as Shiba Inu Burn Rate Jumps 17,900%

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  • Shiba Inu token burn highlights community commitment
  • SHIB price dips amidst surging trading Interest

With a burn rate reaching 17,930% in just 24 hours, a whopping 49,046,845 Shiba Inu (SHIB) tokens have been permanently removed from circulation, according to the SHIB burn website.

The move is part of a major push to reduce the token’s supply and potentially increase its scarcity. Token burns are an important part of the network’s long-term strategy, where tokens are sent to inaccessible wallets deliberately, removing them from circulation forever.

Shiba Inu token burn highlights community commitment

As the burn rate increases, the supply reduces faster, which can lead to a rise in demand, provided there is plenty of activity in the ecosystem. The latest burn is one of the largest in recent weeks and further proves the Shiba Inu community and developers’ commitment to managing the token’s supply.

Source: Shibburn.com

The massive increase in the burn rate indicates either a sharp rise in transaction-based burns (where some tokens are automatically removed from circulation after every trade) or a coordinated effort to remove a large quantity of tokens at once.

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Even though burns alone cannot guarantee price increases, investors watch them closely as a sign of the project’s long-term viability and community strength.

The SHIB Army remains one of the most active in the crypto ecosystem, with over 1.5 million holders. It continues to push the token’s adoption through partnerships, developments like Shibarium (a layer-2 blockchain), and consistent burns.

SHIB price dips amidst surging trading Interest

The 16th-ranked cryptocurrency by market cap is showing mixed signals on the price chart. According to the latest CoinMarketCap data, SHIB is currently trading at $0.00001442, down 1.45% over the past 24 hours.

Despite the drop in SHIB’s price, the token’s trading volume over the same period rose by 22.67% to $292.07 million, suggesting a sharp rise in interest in the token. One of SHIB’s unique features is its total supply of 589.5 trillion tokens, with almost all of it already in circulation.

Source: CoinMarketCap

While digital assets like Bitcoin and Ethereum have capped or controlled issuance, most of Shiba Inu’s supply was released at launch. Therefore, community-driven activities and burns are necessary to help maintain the token’s long-term value.

The token’s 24-hour trading volume to market cap ratio of 3.43% suggests that SHIB can be traded without drastic price swings.



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