AERO's price has broken through $0.93, surging 18% in 24 hours, driven by the launch of DEX trading functionality on the Coinbase app.
This surge in AERO's price is a boon for DEX aggregators. Coinbase directly sponsors transaction fees and aggregates liquidity from Aerodrome and Uniswap, creating a seemingly unstoppable boost in user trading experience.
Think of the recent 64.45 million newly minted USDC and Pump.Fun's repurchase of PUMP. The market is incredibly active, signaling the return of DeFi's summer.
I think we'll need to keep an eye on Coinbase's expansion plans. If they add new assets next week, AERO could potentially reach $1. I recommend investing in a small position, but don't go all-in; the market still depends on the broader market.