- The price of Aerodrome Finance is poised to break above $1.00.
- This follows Animoca Brands announcing that it purchased AERO tokens on the open market and staked them.
- Market sentiment and growing institutional confidence could push Aerodrome Finance’s price toward $1.34.
The price of Aerodrome Finance (AERO) has climbed amid an upward momentum.
The token gained after web3 and gaming investor Animoca Brands made a strategic purchase, a move that helped AERO’s price rise more than 10% over 24 hours and briefly exceed the $1.00 mark.
Animoca Brands’ backing adds to increasing institutional interest in the decentralized exchange project built on Base.
Animoca Brands acquires and stakes AERO
On October 28, Animoca Brands announced that it had acquired AERO tokens on the open market. The company then staked those tokens as veAERO, signaling a long-term commitment to Aerodrome Finance.
We’ve market acquired a position in $AERO and max-locked as $veAERO.@AerodromeFi is an innovative, next-generation AMM that has consistently captured over 50% of @base’s DEX TVL, establishing itself as the central liquidity hub for the ecosystem.
Our rationale for doing this…
— Animoca Brands (@animocabrands) October 28, 2025
Purchasing and staking AERO aligns with Animoca’s mission to create value within open networks and support innovative protocols.
As noted in the announcement, the company views Aerodrome as a dominant force on Base. With more than 50% of DEX total value locked (TVL) on the chain, Aerodrome has become the ecosystem’s liquidity hub.
“Aerodrome is a key component in the engine behind Base’s DeFi growth, and Coinbase makes it seamless for its CEX users to trade tokens that have liquidity on DEXs such as Aerodrome, thereby delivering more value for Aerodrome stakeholders. With sustainable tokenomics for $AERO and the team’s ability to execute, Aerodrome has proven its position as a key player in Base infrastructure,” Animoca Brands posted on X.
The investment continues a pattern of institutional support for Aerodrome, following previous acquisitions by entities such as Coinbase Ventures and Wintermute Ventures.
Alexander Cutler, CEO of Dromos Labs and a key collaborator with Aerodrome, praised Animoca’s move and emphasized that AERO value is accessible only through open-market participation and active engagement.
Price outlook: AERO targets a move above $1
At the time of writing, AERO was up nearly 2% for the day and had extended a 10% gain over the prior 24 hours.
Over the past week, AERO has risen roughly 26%, outpacing broader market gains and forming an uptrend from the $0.70 lows reached on October 17.
Currently, the price sits in a key zone near $0.99 as bulls target a decisive breakout above the psychological $1.00 level.
If AERO holds above $1.00, bulls could target the next resistance levels around $1.20 and then $1.34.
The 4-hour RSI near 70 suggests gains are pushing AERO toward overbought territory. However, the MACD indicates buyer strength, with the signal line crossing above zero and pointing to continued upward momentum.