DOGE’s price technicals and on-chain data suggest the bull market is not 
finished, strengthening the case for a move toward $0.60.

Dogecoin targets $0.60 next after DOGE price gains 40% in one week

After hovering around the $300 mark at the start of this week, the Aave price 
appears to have finally broken out of its consolidatory pattern. On Friday, 
September 12, the DeFi token made a brief return to the $320 level on the back 
of a general market surge. The strong momentum of the Aave price movement 
suggests that the altcoin’s return to $320 might not be a random occurrence. 
An interesting convergence of an optimistic technical outlook and positive on- 
chain data paints a picture of what is next for the AAVE token. What Does This 
Positive Divergence Mean For Aave? In a Quicktake post on the CryptoQuant 
platform, CryptoOnchain shared an interesting on-chain insight into the 
journey of the Aave price from around $130 in late 2024 to above $340 in the 
year. According to the crypto analyst, Aave’s Market Cap to Total Value Locked 
(TVL) ratio concurrently dropped to a two-year low as price rose to the 2025 
high. Related Reading: Chainlink And Polymarket Forge New Alliance: LINK 
Forecasted To Outperform XRP By 2030 The MC/TVL ratio, as the name suggests, 
is an on-chain metric that compares a token’s market capitalization and the 
total value locked on its underlying protocol. CryptoOnchain noted that this 
indicator typically surges in tandem with price, except when the TVL metric 
grows at a rate faster than the market capitalization. However, the latest 
drop of the MC/TVL ratio to its lowest level in two years—as price 
grew—represents a positive divergence, which is likely driven by substantial 
capital inflows into Aave’s contracts. According to CryptoOnchain, this 
significant inflow of capital boosts the TVL without the market cap fully 
reflecting it. The crypto analyst attributed this situation to relative 
undervaluation—provided that the TVL growth is sustainable and not due to 
short-term yield farming activities. Overall, this positive divergence could 
be a bullish catalyst for both the AAVE price and the protocol’s fundamentals. 
Is $335 The Next Stop For AAVE Price? In a separate analysis on social media 
platform X, crypto analyst Ali Martinez set a target of $335 for the AAVE 
price. This positive prediction is based on its recent breakout of a falling 
wedge on the four-hour chart. The falling wedge, which is characterized by two 
converging downward trendlines, is often seen as a bullish formation. After 
falling into this pattern towards the end of August, the price of Aave has 
finally broken out of the falling wedge. According to Martinez, the AAVE price 
could travel to as high as $335 in its next leg up. This move would represent 
an over 5% move from the current price point. As of this writing, the price of 
Aave stands at around $318.5, reflecting an almost 4% jump in the past 24 
hours. Related Reading: Expert Crypto Trader Says Dogecoin Price Looks ‘Very 
Good’, Here’s Why Featured image from Binance Academy, chart from TradingView

AAVE Price Reclaims $320 As TVL Metric Shows Positive Divergence — What’s Next?

Bitcoin and Ethereum spot ETFs recorded one of the strongest single-day 
institutional demand periods since the products launched.

Bitcoin, Ethereum ETFs rake in over $1 billion as institutional demand grows

According to the latest stablecoin figures from defillama.com, the market is 
edging closer to the $290 billion threshold, with a current valuation of 
$289.40 billion. From Tether to Paypal: Stablecoins Battle for Billions This 
week’s snapshot of fiat-pegged tokens via defillama.com shows the sector 
expanded by $2.733 billion in seven days. Tether’s share has slipped, […]

Stablecoin Market Hits Fever Pitch With $290 Billion in Play This Week

Linea jumped to $0.027, up by 30% from its lowest level this week. This jump 
brought its market capitalization to over $418 million.

Cryptocurrency price in DKK