AAVE [AAVE]記錄了1.11％的上升，落後於本週的2.91％的收益。

這項24小時的增長是在AAVE最近實施代幣回購系統之後，該系統可能會將資產推向集會。

Aave [AAVE] registered a 1.11% uptick over the past 24 hours, trailing slightly behind its 2.91% gain for the week. This 24-hour growth follows Aave’s recent implementation of a token buyback system, which could drive the asset into a rally.

在過去的24小時內，AAVE [AAVE]的增長率為1.11％，略高於本週的2.91％收益。這項24小時的增長是在AAVE最近實施代幣回購系統之後，該系統可能會將資產推向集會。

This development has seen market participants respond by accumulating the token. However, will this be enough to undo its 20% drawdown from the past month?

這種發展使市場參與者通過積累令牌來做出回應。但是，這足以消除過去一個月的20％的降低嗎？

What does the buyback mean for AAVE?

回購對AAVE意味著什麼？

The Aave team has set aside an annual budget of $50 million to buy back AAVE from the market, with a weekly spend of $1 million to achieve this goal.

AAVE團隊已預留了5000萬美元的年度預算，以從市場上回購AAVE，每週的支出為100萬美元來實現這一目標。

This new initiative reflects a change in the fee structure and is expected to act as a catalyst for price growth.

這項新計劃反映了收費結構的變化，預計將充當價格增長的催化劑。

Between the 9th of April and press time, 10,014 AAVE worth $1.39 million had been purchased from the market under this initiative.

在4月9日和發稿時間之間，根據該計劃從市場上購買了10,014 AAVE，價值139萬美元。

Source: TokenLogic

資料來源：TokenLogic

Furthermore, the buyback pool may expand, depending on protocol revenue during this cycle.

此外，回購池可能會擴大，具體取決於該週期中的協議收入。

This approach, by design, is meant to do two things — instill confidence in the minds of investors and potentially trigger a supply squeeze.

通過設計，這種方法旨在做兩件事 - 灌輸對投資者思想的信心，並可能引發供應壓縮。

Having said that, the market didn’t take long to respond.

話雖如此，市場並不需要很長時間才能做出回應。

There has been an accumulation of the token, which hints at expectations of a rally.

令牌已經積累了，這暗示了一次集會的期望。

A massive amount of AAVE is being accumulated

積累了大量的ave

There’s been growing accumulation in the market, which could lead to a price breakout.

市場上的積累越來越多，可能導致價格突破。

Over the past week, $13.98 million worth of AAVE changed hands — $4.30 million of that in the last 24 hours alone.

在過去的一周中，價值1398萬美元的AAVE易手 - 僅在過去24小時內就有430萬美元。

This accumulation is noteworthy, as these AAVE tokens purchased from the spot market are being held for long-term commitment and moved into private wallets.

這種積累值得注意，因為這些從現貨市場購買的aave代幣正在長期承諾並轉移到私人錢包中。

Source: TradingView

資料來源：TradingView

The 4-hour chart provides better insight, confirming that investors are accumulating the asset as it trades within a symmetrical triangle pattern made of converging support and resistance levels, with price oscillating within it.

4小時的圖表提供了更好的見解，確認投資者在資產以融合支持和阻力水平製成的對稱三角形模式中累積了資產，其價格在其中振盪。

Finally, a breach of the upper resistance line would imply the start of a price rally. If a breakout occurs, the price target lies between $170 and $187.

最後，違反上部電阻線將暗示價格集會的開始。如果發生突破，目標目標在170美元至187美元之間。

Also, stronger market momentum could push the asset back to the $200 region.

同樣，更強大的市場勢頭可能會將資產返回到200美元的地區。

Liquidity growth remains high

流動性增長仍然很高

The market reaction isn’t limited to accumulation and storage in private wallets. A cohort of investors has moved their AAVE into the protocol, becoming liquidity providers.

市場反應不僅限於私人錢包中的積累和存儲。一群投資者將其助手帶入了該協議，成為流動性提供者。

Source: DeFiLlama

資料來源：Defillama

This influx has propelled the Total Value Locked (TVL) to $18.029 billion — its highest since early April. A growing TVL often implies increasing confidence and deeper market roots — both of which support price continuation.

這種湧入已將鎖定的總價值（TVL）推向了180.29億美元，這是自4月初以來最高的。越來越多的TVL通常意味著增加信心和更深的市場根源，這兩者都支持價格延續。

In recent weeks, Aave has focused on several developments aimed at attracting liquidity. Two of the most notable are competitive yields on EUR and the potential launch on Aptos.

最近幾週，AAVE專注於一些旨在吸引流動性的發展。最著名的兩個是歐洲的競爭收益率和Aptos的潛在推出。