Ripple has gone ahead with one of the biggest RLUSD tokens burn since introducing the stablecoin. The crypto has already achieved various milestones and is growing in terms of user adoption. So, this step could mark a significant point towards increasing its demand. Here’s why.
Why Ripple Burnt 12 Million RLUSD Tokens?
According to the Ripple stablecoin tracker’s X post, the blockchain-based digital payment network has burned 12 million RLUSD stablecoin tokens on Tuesday. The on-chain stats confirm that at 11:05 UTC on April 22, the firm went ahead with sending the token to a burn wallet, which would remove their existence from the ecosystem forever.
Notably, such practices are made to reduce the excess supply of the token, creating scarcity, eventually boosting the demand. Another important point to note is that the transaction also focused on introducing cross-chain liquidity, as explained by the experts.
XRPL dUNL validator, Vet, reveals that the individual who requested the burning had moved the RLUSD from one blockchain to another. As a result, the supply of the tokens reduced on the XRP Ledger and increased on the Ethereum blockchain.
This acted as a liquidity bridge without affecting the circulation of the tokens. Interestingly, the RLUD Treasury minted 12 million (equal to the burning amount) within seconds after that.
RLUSD Trading Volume Rose 200% Past Tokens Burning
Similar to most top stablecoins, RLUSD is also pegged to the dollar at a 1:1 ratio. Interestingly, its adoption has been constantly growing since various top exchanges listed the token. Recently, Ripple stablecoin got listed on the Aave V3 Ethereum Core Market, gaining additional investor attention.
Amid that and the RLUSD tokens burning, its trading volume is up by more than 200%, currently at $102.96 million. In addition, its market capitalization stands at $294.07M, with 294.04M RLUSD in circulation. Interestingly, under the impact of this and the recovery of the crypto market, the XRP price is soaring.
Notably, Ripple Labs’ integration of RLUSD stablecoin with the payment network highlights the digital asset among users. Experts anticipate that RLUSD will occupy 50% of the stablecoin market capitalization and many other milestones in the near future.
The live price of the AAVE token is $ 252.34065759.
AAVE price could surge to a maximum of $526 in 2025.
Aave with a potential surge could go as high as $1,161 by 2030.
The year 2021 was a game-changer for the broader crypto space. And tokens from the Defi space had made the most of the bull season of the year. One such crypto asset that made headlines with price gains was Aave (AAVE).
The fundamental strengths of the protocol such as borrowing, lending, staking, liquidity pools, and flash loans. Still holds significant prominence in the industry, which could help the digital asset munch higher candles.
Are you one of the many who are considering Aave Price Prediction? Then look no further as this write-up decodes the possible price forecast for 2025, 2026 – 2030, and the years in between!
As the crypto industry continues to evolve in the future, it may experience growth in the adoption curve and face regulatory restrictions at the same time. Positively, with Donald Trump’s World Liberty Financial increasing its stake in this project, the Aave token could experience a major price surge.
Notably, if it manages to resist the challenges and continues to rise, then the AAVE price could close in the year 2025 with a potential high of $526.
However, the asset would plummet to a bottom of $234 if bears predominate in the space. Successively, factoring in the bullish and bearish targets, the average price could be at $430.
According to forecast prices and technical analysis, Aave’s price may reach a minimum of $406 in 2026. The maximum price could hit $617, with an average trading price around $511.
Aave Crypto Price Prediction 2027
Looking forward to 2027, AAVE’s price may reach a low of $498, with a high of $700 and an average forecast price of $599.
Aave Price Forecast 2028
In 2028, the price of a single AAVE may reach a minimum of $609, with a maximum of $812 and an average price of $712.
Aave Coin Price Prediction 2029
By 2029, Aave’s price may reach a minimum of $673, with the potential to hit a maximum of $947 and an average of $810.
Aave Price Prediction 2030
In 2030, the AAVE token may touch its lowest price at $798, hitting a high of $1,161 and an average price of $979.
Market Analysis
Firm Name
2025
2026
2030
Wallet Investor
$434.66
$507.21
–
priceprediction.net
$429.48
$623.98
$2,948
DigitalCoinPrice
$767.84
$1,056.16
$2,204.91
*The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s AAVE Price Prediction
According to CoinPedia’s AAVE price prediction, this crypto token is expected to gain significant traction this Altseason. Moreover, with the increasing number of investors and the adoption process, the AAVE price could hit a new ATH.
If the coin gains some hype in the coming months, then the AAVE price can hit a high of $526 in 2025. On the flip side, a rise in bearish influence can drop AAVE to $234 in 2025.
AAVE is an open-source, decentralized, and non-custodial liquidity token that thrives on facilitating users to lend and borrow cryptocurrencies.
Is Aave (AAVE) a good investment?
Considering the fundamentals of the protocol, AAVE is a profitable investment if considered for the long term.
What will the maximum price of AAVE be by the end of 2025?
The price of AAVE could surge to a maximum of $526 in 2025.
What is the circulation count of AAVE?
The circulating supply of AAVE is 15,010,000 tokens.
How high will AAVE’s price rise by the end of 2030?
The price of the altcoin could escalate to $1,161 by 2030 if the bullish sentiment sustains. Conversely, it could close the year with a low of ~$800.
Where can I buy AAVE?
AAVE is available for trade across prominent cryptocurrency exchange platforms such as Binance, Huobi Global, FTX, KuCoin, etc…
What is the current price of the AAVE token?
At the time of writing, the price of one Aave crypto was $253.12.
The post Aave Price Prediction 2025, 2026 – 2030: Will AAVE Price Hit $500 In 2025? appeared first on Coinpedia Fintech News
Story Highlights The live price of the AAVE token is . AAVE price could surge to a maximum of $526 in 2025. Aave with a potential surge could go as high as $1,161 by 2030. The year 2021 was a game-changer for the broader crypto space. And tokens from the Defi space had made the …
PI has staged a remarkable comeback after plunging to an all-time low of $0.40 on April 5. Amid a broader market recovery over the past week, the altcoin has seen a resurgence in demand, driving its price up 84% from its recent bottom.
With the bulls attempting to strengthen market control, PI could extend its gains in the short term.
Additionally, the histogram bars, which reflect the strength of that momentum, have gradually increased in size over the past few days, highlighting the growing demand for the altcoin.
When an asset’s MACD is set up this way, upward momentum is building, and buyers are gaining control. PI’s MACD crossover is a bullish signal, suggesting the potential for continued price gains as buying pressure increases.
In addition, PI’s positive Balance of Power (BoP) reflects the growing demand for the altcoin. As of this writing, the indicator is at 0.52.
The BoP indicator measures the strength of buyers versus sellers in the market, helping to identify momentum shifts. When its value is positive, buyers are dominating the market over sellers and driving newer price gains.
Is $1 Within Reach?
PI’s ongoing rally has caused its price to trend within an ascending parallel channel. This bullish pattern is formed when an asset’s price consistently moves between two upward-sloping, parallel trendlines.
It signals a sustained uptrend, with PI buyers gradually gaining control while allowing short-term pullbacks. If the rally continues, PI could exchange hands at $0.95.
The trade war between the United States (US) and China is heating up, which is threatening to tumble the global markets, including the crypto market. Specifically, the US has announced that a 104% tariff rate on China will begin on April 9, while the Asian country is already making moves to retaliate.
Crypto Market Risks More Downside With US Set To Impose 104% Tariffs On China
The crypto market risks a further crash as the trade war between the US and China heightens. According to a Bloomberg report, US officials revealed that the country will proceed with a 104% tariff on Chinese goods, which takes effect from April 9.
As Coingape reported, US President Donald Trump threatened an additional 50% tariff on Chinese goods if the country fails to lift its 34% counter-tariffs by April 8. However, China has made it clear that it has no intention to lift the 34% tariffs.
As such, the 104% tariffs are a cumulative of all earlier tariffs that Trump imposed, plus the 50% that he threatened to impose yesterday. China is also expected to retaliate with further tariffs as the country has promised to fight till the end.
The crypto market is reacting to the news of the 104% tariffs on China, with the Bitcoin price sharply dropping below $77,000. Coinglass data shows that the market has recorded almost $50 million in liquidations in the last one hour. Long positions have suffered the most, with almost $40 million in long positions wiped out.
Crypto analyst Mikybull Crypto revealed that the total cap has just flashed on the sell signal, providing a bearish outlook for the market. The analyst noted that this same thing happened in 2018 and 2022, which began the bear market. He added that 2019/2020 was the outlier due to the pandemic.
BTC Could Still Drop To As Low As $70,000
Crypto analyst Rekt Capital has predicted that the Bitcoin price could bottom at around $70,000 amid the US-China trade war. The analyst noted that whenever Bitcoin’s daily RSI crashed into the sub-28 RSI level, it wouldn’t necessarily mark out the price bottom.
Rekt Capital stated that, historically, the actual price bottom would be -0.32% to 8.44% lower than the price when the RSI first bottomed. He revealed that BTC is currently forming its second low, -2.79% below the first low. The analyst claimed that a repeat of -8.44% below the first low would see the Bitcoin price at around $70,000.
In line with this, the crypto market could witness a massive crash as Bitcoin drops to $70,000. The Ethereum price has again dropped below $1,500, while other altcoins risk dropping to new lows.