Aave Crosses $300M in V4 Deposits Amid Its Best Network Growth in 5 Years

Deposits in Aave's new V4 protocol have crossed $300 million, and the AAVE token is up roughly 8% over the past month, from $88 to $96. The rally coincided with the July 13 launch of Stable Vaults, which offer fixed-rate yields on stablecoins, Crypto Economy reports.

• On June 30, Aave's Ethereum network logged 1,806 new wallets in a single day — its strongest showing since October 2021.
• The protocol's total value locked (TVL) currently sits at roughly $12.2 billion.
• Standard Chartered's June forecast set a 2030 price target of $3,500 for AAVE, citing growth in tokenized assets.

New wallets showing up at this pace suggests interest is growing beneath the surface and supporting the price momentum.

New-wallet growth on its own signals attention rather than firm commitment — sustaining the trend requires actual deposits and borrowing, not just sign-ups. Anyone planning to actually park liquidity in Aave, rather than just hold the token, should first understand what impermanent loss is and how it eats into liquidity providers' returns.

This piece is informational, not a recommendation to buy, sell, or hold any asset.