Aerodrome Finance continues to gain ground with promising price predictions and significant Total Value Locked (TVL) figures. A series of recent updates suggests an upward trend for AERO, the native token of Aerodrome. Crypto experts are bullish on this digital asset, predicting a rally that could see AERO trading at $3. The growth is supported by the fact that Aerodrome's TVL has hit a milestone of $1.6 billion.
Major exchange Coinbase has revealed plans to add perpetual futures for AERO, further stimulating the token's growth potential. Investment from Coinbase's $20M fund is seen as a milestone fueling Aerodrome's ascendancy. Big name investors, including renowned crypto veteran Arthur Cheong, are particularly optimistic regarding the decentralised exchange built on the Coinbase-backed Base chain. Aerodrome has also achieved dominance in the DeFi landscape on Base with over $1 billion in deposits.
Even with the recent price slippage below $1.50 following a record December run, optimistic forecasts predict a bullish reversal ahead. The market optimism largely comes from significant purchases by investment firms Pantera Capital, Spartan Group, and authority figures such as U.S. Representative Michael Collins. The new liquidity protocol is receiving rave reviews, with its price expected to surge 100% by the end of the year. High profile investments from the likes of Coinbase Ventures are contributing to this optimism. Notably, Aerodrome's success, as evidenced by its $1 billion TVL milestone, is driving growth in the Base Layer 2 Network.
Aerodrome Finance News Analytics from Mon, 27 Nov 2017 08:00:00 GMT to Wed, 15 Jan 2025 12:01:49 GMT - Rating 8 - Innovation 6 - Information 6 - Rumor 3
