Grayscale Research Says AAVE Is Undervalued, Sets $175 One-Year Bull Case Target

TLDR: Grayscale projects Aave will generate roughly $60 million in protocol revenue during 2026.  AAVE’s current fair value sits between $80 and $100, above its prevailing market price of $75. A $175 one-year bull case depends on regulatory clarity accelerating tokenized RWA adoption in DeFi.  Aave trades at a 16.2x trailing P/E, below fintech peers [...]

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