Will the DEX growth and Coinbase’s move trigger the next upside leg for AERO?, a move that market pundits have deemed a bullish signal.
For context, Aerodrome is the largest liquidity provider and DEX on Base, anIn less than a year, the Aerodrome’s DEX’s volume dominance has surged from 0% to over 8% at press time.The remarkable growth has since pushed it to command nearly half of Base’s TVL , noted Coinbase analyst David Han. He“Aerodrome accounts for 47% of Base’s TVL and 58% of Base DEX volumes in the past 7 days .”
Although $1.4 has acted as a strong supply zone since October, clearing the resistance could allow the token to eye $2 and its all-time high.
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