09.08.2025 11:51
Aerodrome (AERO), a prominent decentralized exchange (DEX) on the Base network, experienced a remarkable price surge exceeding 30% following Coinbase's announcement of integrated in-app DEX trading for Base-native assets. This integration significantly boosted AERO's market capitalization to approximately $965 million, a testament to the positive market reaction.
This substantial price jump, which saw AERO briefly reach $1.12 before settling near $1.09, stemmed directly from Coinbase's decision. The move allows Coinbase's extensive user base to seamlessly trade Base-native tokens without needing traditional centralized exchange listings, thereby expanding the reach and accessibility of projects like Aerodrome Finance. This accessibility is crucial given Aerodrome's status as the largest DEX on the Base network, boasting an impressive $556 million in total value locked (TVL). The resulting surge in trading volume – exceeding $157 million, a more than 400% increase – underlines the immediate impact of this development.
Technical analysis further supports the bullish outlook for AERO. After a period of sustained selling pressure, the token's price has demonstrated growing momentum within an ascending channel. A decisive breakout above the significant $0.81 resistance level, coinciding with the 50% Fibonacci retracement, signaled a major shift in market sentiment. This positive momentum has set the stage for further gains, with immediate targets focused on the 61.8% retracement level near $1.1.
Expert analysts, such as Solberg Invest, are predicting even more substantial growth for AERO. Short-term price targets are set at $2 to $2.3, potentially representing a new all-time high. A longer-term projection by the same analyst points towards a price of $3.3 by early 2026. These forecasts are bolstered by positive momentum indicators: the Relative Strength Index (RSI) exceeding 56, demonstrating healthy demand, and the MACD approaching a bullish crossover, hinting at further price acceleration. The overall success of AERO reflects the growing strength and positive market sentiment surrounding the Base ecosystem.
