Our SARIMAX(6, 1, 0) model predicts that the price of AAVE will increase to USD 274.61 by February 8, 2025.

This forecast is (+/-) USD 71.78 at the 95% confidence level and includes the outcome of no change in price.

Aave is a decentralized money market protocol where users can lend and borrow cryptocurrency across 20 different assets as collateral. The protocol has a native token called AAVE, which is also a governance token that lets the community decide the direction of the protocol in a collective manner. Lenders can earn interest by providing liquidity to the market, while borrowers can borrow by collateralizing their cryptoassets to take out loans from the liquidity pools.