Aave rallies on optimism as Bitcoin Pepe secures major partnerships before May 31 listing

2025-5-21 14:18

AAVE has broken past $260 amid a 90% monthly gain and surging DeFi TVL. Bitcoin Pepe has secured key deals ahead of its May 31 CEX listing. Bitcoin Pepe (BPEP) is currently in its last token presale stage and it has seen a 71% price surge.

AAVE has extended its bullish streak, gaining over 21% in the past 24 hours, while Bitcoin Pepe is drawing attention with strategic moves ahead of its much-anticipated May 31 listing.

Both assets are riding separate but equally compelling narratives, one driven by surging TVL and renewed DeFi momentum and the other driven by meme coin culture and ecosystem expansion.

With crypto investors eager to rotate capital into tokens showing strong community support and developer activity, both AAVE and Bitcoin Pepe are enjoying breakout moments in a market hungry for upside catalysts.

AAVE powers past $260 as DeFi optimism intensifies

At press time, AAVE was trading at $265.60, its highest level in over a year, propelled by a 90% rally in the past 30 days and a staggering 207.6% gain over the last year.

Momentum is firmly on the side of bulls as AAVE’s 24-hour trading volume nears $884 million, signalling strong demand and sustained price discovery above previous resistance levels.

In addition, the protocol’s total value locked (TVL) has soared to over $40.49 billion, underscoring growing confidence in Aave’s lending infrastructure and its relevance in the broader DeFi ecosystem.

This spike in TVL not only reflects increased user deposits but also signals growing institutional trust in permissionless, decentralised borrowing and lending platforms.

Technically, AAVE has broken through a stubborn resistance at around $250–$262, invalidating prior local tops and opening the door to a possible retest of the $300 psychological level.

On-balance volume has also turned sharply upward, suggesting that buyers are absorbing sell pressure and accumulating in anticipation of further upside.

Additionally, the 24-hour price range of $218.49 to $269.13 shows heightened volatility but confirms that higher lows continue to form, a classic hallmark of bullish structure.

With a market cap now exceeding $4 billion and circulating supply nearing 15.1 million tokens, AAVE appears to be gaining both retail and institutional traction.

Many traders are now watching for potential retracements to the $210–$220 zone, which could act as new support should a short-term correction occur.

Given its strong fundamentals, technical breakout, and rapidly climbing TVL, AAVE is now positioned as a flagship asset for DeFi resurgence narratives this quarter.

Bitcoin Pepe locks in strategic partnerships as May 31 listing approaches

While AAVE makes headlines for price action, Bitcoin Pepe (BPEP) is fueling its own rally through ecosystem expansion and strategic brand positioning ahead of its centralised exchange debut.

Built on a new token standard dubbed the PEP-20 token standard, Bitcoin Pepe is marketing itself as the “Solana of Bitcoin,” promising a Layer-2 experience native to the world’s most secure blockchain.

Ahead of its May 31 listing as its token presale comes to an end, Bitcoin Pepe has announced a string of high-profile partnerships with the likes of Catamoto, Super Meme, Plena Finance, GETE Network, Crypto Hunters and BETV, aimed at accelerating adoption and enhancing token utility.

With strong emphasis on staking incentives and interoperability, the project is creating buzz among early adopters and meme coin enthusiasts looking for more than just hype.

Currently in the last presale stage, Bitcoin Pepe’s token, BPEP, has seen a 71% price surge, with projections of an explosion post-listing buoyed by its innovative approach to memecoins.

Bitcoin Pepe’s roadmap signals a robust ecosystem growth, including plans for bridge infrastructure, PEP-20 DEX listings, and NFT integrations that tap into Bitcoin’s Ordinals movement.

Developers are also rolling out native tools to simplify onboarding, enabling software engineers and crypto-native users to interact with PEP-20 tokens through wallet extensions and SDKs.

This strategic positioning has helped Bitcoin Pepe carve out a niche in the crowded meme coin market by offering substance alongside viral branding.

With just days to go before its major listing, the token’s growing community and tech-forward narrative are converging into a potential breakout moment.

Given the current appetite for meme projects with real use cases, Bitcoin Pepe is increasingly being seen as more than just another speculative token.

If momentum sustains through listing day, BPEP could emerge as one of the few meme coins to successfully transition into infrastructure relevance on Bitcoin.

In a market now rewarding both utility and storytelling, Bitcoin Pepe’s rise comes at a time when narrative-driven investing is back in full force.

The post Aave rallies on optimism as Bitcoin Pepe secures major partnerships before May 31 listing appeared first on CoinJournal.

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