AAVE, the native cryptocurrency of liquidity protocol Aave, recorded a 4.5% surge during Thursday's trading session to reach the $185 value.

AAVE, the native cryptocurrency of liquidity protocol Aave, recorded a 4.5% surge during Thursday's trading session to reach the $185 value.

Aave (AAVE) price rose 4.5% during Thursday's trading session to reach the $185 value. The buying pressure followed a broader market uptick as panic surrounding the U.S. tariffs among investors eased.

Amid the renewed recovery, AAVE's supply and borrow usage revealed a trend toward broader adoption of the DeFi solution, reinforcing the opportunity of a higher rally.

Key Highlights: AAVE's Shift Towards Broader Adoption and Growing DeFi DemandIn a recent tweet by Dynamo DeFi, there was a significant shift in the usage of Aave's lending platform. As highlighted by IntoTheBlock data, over the past two years, the concentration of Aave's supply and borrow usage has dramatically shifted.

Initially, "whales" (large entities) heavily dominated the platform, with their usage accounting for over 80%. However, this has changed drastically, now showing a more balanced distribution across different user tiers.

"Only 20% of Aave’s supply and borrow usage is now concentrated among whales, compared to over 80% two years ago. A natural shift in DeFi as it becomes accessible and beneficial not just to large investors, but also to smaller, more average users," the on-chain analysis platform said.

This change suggests a growing democratization of the platform, with an increasing number of everyday users participating in the Aave ecosystem and its cryptocurrency.

AAVE coin price surged 4% on Thursday amid broader market recovery from U.S. tariffs panic. (Source: Google)AAVE Price Eyes 30% Surge Amid Wedge Pattern BreakoutOver the past two weeks, AAVE price witnessed a notable upswing from a $160 low to $183, current trading value of $184, accounting for a 15.3% surge. This recovery was further reinforced by a decisive breakout from the resistance trendline of a wedge pattern.

The chart setup, characterized by two converging trendlines, is now commonly observed in several cryptocurrencies amid the current market correction. With today's intraday surge of +4%, the AAVE coin shows sustainability above the breached resistance trendline, suggesting the potential for further gains.

If bullish momentum persists, the coin price could rally 30% up to challenge $242 resistance, followed by an extended leap to $350.

On the contrary, if sellers pushed the price back inside the wedge pattern, the previous breakout would get invalidated and sellers may strengthen their grip over this asset.