invezz.com 
Aave's native token $AAVE traded above $90 on Friday, extending its recovery as the broader cryptocurrency market stabilized.
Investor sentiment received an additional boost after the decentralized finance (DeFi) protocol introduced Stable Vaults, a new solution designed to help businesses offer fixed-rate stablecoin yields.
Maintaining support above $90 could strengthen $AAVE's near-term bullish outlook and increase the likelihood of a move toward the psychologically significant $100 level.
Aave introduces Stable Vaults to expand DeFi adoption
Aave announced the launch of Stable Vaults, a smart contract-based infrastructure that powers the Aave mobile savings application and is now available for businesses looking to integrate DeFi-powered yield products.
The platform addresses one of the major challenges businesses face when adopting decentralized finance by converting fluctuating on-chain lending rates into predictable fixed yields.
It also simplifies complex tasks such as liquidity management across multiple blockchains, portfolio rebalancing, and user payouts.
With Stable Vaults, businesses can integrate fixed-rate stablecoin yield into their products, choose from supported stablecoins, and customize yield strategies based on their business needs.
They can also set competitive fixed returns for customers and offer promotional or premium reward rates to selected user groups.
According to Aave, companies can also create targeted incentive programs by providing higher yields to premium subscribers or running temporary promotional campaigns with enhanced interest rates.
The launch reflects Aave's broader effort to make decentralized finance infrastructure more accessible for enterprises and consumer-facing financial applications.
While the Stable Vaults announcement has improved market sentiment, activity in $AAVE's derivatives market continues to remain weak.
Futures Open Interest (OI) stands at approximately $341 million, up from the $332 million recorded a day earlier.
However, the OI is lower than the $394 million recorded on June 24.
The falling open interest suggests that traders are reducing leveraged positions, indicating that speculative participation remains subdued despite improving fundamentals.
$AAVE price analysis: Bulls defend key support
The $AAVE/USD 4-hour chart is bullish and efficient as Aave is outperforming the other major cryptocurrencies.
$AAVE rebounded after finding support near $80 and has reclaimed the $90 level, reinforcing a positive short-term technical structure.
However, the token has moved above the 100-day EMA at $90.95 but remains below the 200-day EMA at $115.21, which continues to act as the main long-term resistance.
The Moving Average Convergence Divergence (MACD) remains slightly positive on the daily chart, signaling that bullish momentum is still intact.
Meanwhile, the Relative Strength Index (RSI) sits around 62, indicating moderate buying momentum without reaching overbought territory.
The first major resistance lies at the $97.74 level.
A decisive break above this would allow $AAVE to reclaim the psychologically important $100 level. A stronger rally could eventually bring the 200-day EMA at $115.21 into focus.
On the downside, immediate support is located at the 50-day EMA around $83.81.
A daily close below this level would weaken the current recovery and increase the risk of a deeper pullback.
For now, $AAVE's ability to remain above $90 alongside growing adoption of its Stable Vaults platform could provide the foundation for further upside if broader crypto market conditions remain supportive.
