Aerodrome Finance (AERO) is showing signs of significant growth with its price potentially set to double by the end of the year. The recent addition of
perpetual futures for AERO, BEAM, and DRIFT by
Coinbase is expected to further fuel this growth. However, AERO has faced some controversy with the suspension of two contributors over insider trading allegations. Despite this, investment firms
Pantera Capital and
Spartan Group have acquired AERO tokens, underpinning its value. Additionally, the
Base network, a coinbase-backed chain, upon which AERO is built, is gaining traction, poised for Q2 growth. AERO's dominance on Base, with over $1B in deposits, marks a remarkable achievement.
AERO's price is also on the rise. Its recent value is steady, and smart money accumulates it. Surging by 25%, it remains confined to an ascending channel, which could further boost its value if this trend continues. Further,
AERO's utilization has grown, with
$1.6B in total value locked (TVL). Amid these developments,
Coinbase Ventures and
US Representative Michael Collins have also invested in AERO. The launch of
Slipstream brings AERO one step closer to a $2B TVL. Investment from
Coinbase Ventures led to a rally in AERO, surging over 140%. Arriving on the Indonesian cryptocurrency exchange
Indodax, AERO continues its path to becoming a key player in decentralized finance.
Aerodrome Finance News Analytics from Thu, 31 Aug 2023 07:00:00 GMT to Sat, 12 Apr 2025 07:00:00 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor 2
