AAVE token soars to $187, community votes on trademark ownership structure

AAVE token rose 8%, community voted to decide trademark ownership structure

TLDR (core summary)

AAVE token rose 8%, once touching US$187.50, then consolidating around US$182. A governance proposal proposes the establishment of a foundation based in the Cayman Islands to manage trademarks, domain names and intellectual property. Token holders retain full governance rights; the proposed foundation has no voting rights or veto rights. Technical indicators including daily MACD and 4-hour ADX suggest bullish momentum is targeting the $200 target. Agreement founder Stani Kulechov revealed that discussions are under way to implement a token destruction mechanism for Aavenomics 3.0.

On Friday, AAVE tokens surged 8% to an intraday high of $187.50, and then stabilized around $182. This price fluctuation follows a new governance initiative launched by Aave Labs.

AAVE Price Dynamics

This governance submission outlines plans to establish a non-member foundation in the Cayman Islands. This legal structure will serve as the custodian of the Aave brand, related trademarks and technology-related intellectual property rights. In addition, the foundation can manage major domain names and intellectual property ownership related to service contributors. The initial implementation phase focuses on establishing the entity and appointing independent oversight through directors and supervisors.

Looking to the future, any actual trademark rights transfer, domain name ownership transfer, or codebase transfer will require separate governance approval. Throughout the initial phase, the decentralized autonomous organization (DAO) will bear the establishment and legal costs. Aave founder Stani Kulechov explained that this strategy will unify the assets of the agreement under token governance. He positioned it as part of a broader "Aave Will Win" strategic vision.

Token holders retain full governance rights

Under the proposed structure, the foundation will not have any voting rights, veto rights, or advisory influence on operational governance. Token holders will continue to make all decisions regarding asset listings, agreement parameters, treasury allocations and service provider selection.

proposes to establish the Aave Foundation and transfer Aave intellectual property rights to Aave DAO, which is in line with the Aave Will Win proposal.
This enhances Aave by unifying everything under one asset,$AAVE.
- Stani (@StaniKulechov) October 2, 2026

The community will retain the power to appoint or remove foundation directors through a formal governance vote. Final control over constitutional amendments, intellectual property disposals and potential dissolution remains with the DAO. The foundation will release quarterly transparency reports detailing asset holdings and legal developments. This reporting framework ensures that token holders can understand the entity's management activities.

During the price rise, approximately $350,000 in short positions were cleared on three trading platforms. The upward trend marks a significant recovery from levels close to $60 in June.

Market analyst Crypto Patel is optimistic about the price trend. He pointed out that AAVE has risen 223% from its accumulation range of $57 - 67 and identified potential price targets of $208,$355 and $1,000 for the 2026 - 2027 market cycle, citing the emergence of a technical structure with a round bottom pattern.

AAVE/USDT price analysis has become extremely bullish. By the way, AAVE hit our accumulation area of $67 - 57, perfectly filled and is now 223% higher than our accumulation area. I predicted this and achieved it.
- Crypto Patel (@CryptoPatel) October 2, 2026

Technical analysis shows a target price of US$200

According to TradingView data, AAVE's trading price was US$181.66, an increase of nearly 6%. Prices fluctuated between $170.77 and $187.50 during trading hours.

The daily MACD indicator remains in the positive region, and the MACD line is above the signal line. At the same time, the 4-hour ADX measurement rose to 40.62, indicating a strong trend. CoinGlass analysis shows that a large number of clearing orders are concentrated around US$188 - 189 slightly higher than the current market price. Breaking through this resistance zone could trigger additional buying pressure as short positions are forced to liquidate.

On the downside, clearing clusters appear around $178 - 180 and $167 - 168. These levels represent areas of vulnerability, where leveraged long positions may face liquidation risks in the event of price corrections.

Trading analyst Michaël van de Poppe provided his perspective on the current technology configuration in a recent article. He observed that the current price structure is similar to the pattern AAVE had before it moved towards $400 at the end of 2024, and said he would not be surprised if he did not see a similar trend before the end of the year.

The positive price momentum coincided with the announcement that Aave V4 integrated seven tokenized stocks issued by Coinbase as collateral assets on the Base network. The platform enables qualified users outside the United States to borrow USDC using tokens representing shares of Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla.

Kulechov also admitted that implementing a permanent token destruction mechanism for the upcoming Aavenomics 3.0 framework is still under active consideration. The agreement's existing repurchase program allocates $50 million per year, although the acquired tokens are currently transferred to the DAO treasury rather than permanently withdrawn from circulation.