The U.S. SEC requested interested persons to provide legal views on the matter in the next 21 days.
On-chain data shows whale investors are aggressively accumulating Solana.
The United States Securities and Exchange Commission (SEC) opted to delay the decision making on whether to approve or disapprove a proposed rule change to list and trade shares of the Grayscale Solana Trust as a commodity-based trust. The agency’s Assistant Secretary, Sherry Haywood, noted that the commission opted to institute proceedings.
“Institution of proceedings is appropriate at this time in view of the legal and policy issues raised by the proposed rule change. Institution of proceedings does not indicate that the commission has reached any conclusion with respect to any of the issues involved,” the announcement noted.
Meanwhile, the commission has requested all interested persons to provide their written views on the matter by the next 21 days. On the other hand, the agency issued a 35-day deadline for persons interested to file a rebuttal to any other person’s submission.
Solana Whales on a Buying Spree
The Solana network has recorded a sharp uptick in the number of non-zero wallets and whales in the recent past. The notable network developments to handle higher throughput has attracted more institutional investors.
For instance, Upexi acquired 326,347 SOL at about $135 and now holds 596,714 SOL. Earlier this month, SOL Strategies acquired 122,524 SOL, at an average price of $148, in a bid to strengthen its treasury portfolio. The Solana network has recorded a significant adoption rate, mostly fueled by its memecoins in the past year.
SOL Price Ready for New ATH
Amid the ongoing altcoins bullish breakout, SOL price SOL price is well positioned to retest its all-time high and soon enter the euphoric phase of the 2025 bull rally.
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 …
Singapore’s financial authority announces that unlicensed crypto firms operating overseas after June 30 will be ceased.
The Monetary Authority of Singapore (MAS) stated that local crypto providers, which offer digital tokens abroad, will be stopped under its Financial Services and Markets Act of 2022 (FSM Act).
Singapore enforces strict regulations for unlicensed crypto providers
MAS stated that any entity providing digital tokens abroad must cease operating or acquire a Digital Token Providers Service (DTSP) license when it comes into force at the end of the month.
MAS emphasised that no grace period will be provided to the local crypto providers since they will have enough time to obtain a license. Officials affirmed that MAS will enhance its surveillance and will investigate any suspicious activity designed to evade regulations.
For Individuals- This licensing requirement also applies to individuals working independently in the crypto arena, depending on their role, whether their business is conducted from Singapore.
The only exceptions are the firms licensed or exempted under existing laws (such as the Securities and Futures Act, the Financial Advisors Act, or the Payment Services Act) are free from this obligation.
What is the responsibility of Singaporean firms? Innovation and Safeguarding Consumers
“This approach strikes a balance between promoting innovation and safeguarding consumers.” It aims to foster a secure and transparent crypto ecosystem.
While officials are overseeing safeguarding, firms will be required to hold at least $185,000 in base capital
Fresh due diligence is required on customers
Comply with the FATF travel rule and the technology risk standard in Singapore
What is the outcome for non-compliance? Penalty for violators
Under section 137 of the FSM Act, it is mandatory for all entities operating from Singapore to obtain a license to continue their legalized work. Organizations not complying with this law will be subjected to a fine of up to 250,000 Singaporean dollars ($200,000) and imprisonment of up to three years.
Conclusion
So far, MAS has issued 33 digital payment token licenses, including Coinbase and Anchorage. This approach will resolve the problems of money laundering and terrorism financing risks. This is the ultimate step by Singapore to ensure AML/ CFT compliance.
The post Singapore Cracks Down on Unlicensed Crypto Firms with Strict New Rules appeared first on Coinpedia Fintech News
Singapore’s financial authority announces that unlicensed crypto firms operating overseas after June 30 will be ceased. The Monetary Authority of Singapore (MAS) stated that local crypto providers, which offer digital tokens abroad, will be stopped under its Financial Services and Markets Act of 2022 (FSM Act). Singapore enforces strict regulations for unlicensed crypto providers MAS …