Thu 18 Jun 2026 ▪
5 min read
▪
by
Grayscale sees Aave undervalued and promises it $175. Wall Street bankers are already buzzing, but the DeFi protocol remains cautious after the KelpDAO shock.
Grayscale sees Aave undervalued and promises it $175. Wall Street bankers are already buzzing, but the DeFi protocol remains cautious after the KelpDAO shock.
Aave is approaching its full recovery after the devastating Kelp DAO attack. The lending protocol has just liquidated the hacker's last positions, unlocking considerable value. But the road to regained trust remains fraught with challenges.
While the KelpDAO exploit causes Aave to drop 10 billion in TVL, whales are massively accumulating AAVE between $85 and $95. An intriguing paradox… are these crypto market giants anticipating a historic rebound?