CryptoWorld News reports that the AAVE token is currently priced at $97.13, down 0.3% over the past 24 hours. The market is focusing on AAVE’s recovery plan, which aims to address the RETH collateral issue caused by the Kelp DAO attack. The attack led to about $246 million in bad debt for AAVE and Compound, pushing the market to seek a coordinated solution. The proposal includes temporary oracle adjustments and controlled liquidations, and market participants are watching whether the proposal can be executed smoothly to restore confidence and challenge the $100 level. The current technical support level is at $96; if it falls below $94, market sentiment may shift toward caution. The latest 24-hour trading volume is $254 million, showing active market participation but no strong buying interest yet.

AAVE-3.5%
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