AERO Surges: A Crypto Journey to New Heights
The AERO crypto price has surged, hitting its peak since January as Aerodrome Finance’s revenue climbs. This rise reflects strong support from both whale and smart money investors.
Recently, AERO reached $1.4852, marking a massive 450% increase from its lowest point this year. The 24-hour trading volume spiked to $172 million, a sign of growing demand.
Aerodrome Finance’s performance has been extraordinary. According to DeFi Llama, the network processed $1.122 billion in transactions within 24 hours.This achievement puts Aerodrome among the top four decentralized exchanges, following Uniswap, PancakeSwap, and HumidiFi.
- Aerodrome anticipates further growth after integrating with Coinbase’s platform.
- This move could boost its user base substantially.
Revenue trends show Aerodrome’s strength. monthly revenue jumped 26% to $15.1 million. This upward trajectory suggests sustained financial health.
AERO’s price jump also underscores investor confidence. Whales and smart money holders are increasing their AERO stakes.Whale holdings climbed slightly, while smart money investors boosted their positions by 22%.
Falling exchange balances indicate ongoing accumulation. With fewer tokens circulating on exchanges, it implies investors are holding onto AERO rather than selling.
Technically, AERO is in a strong position. It broke out above critical levels and is testing new highs. The next target appears to be $2. expect a continued uptrend as optimistic sentiment prevails.