AAVE: Can the $50 million buyback program drive another 50% price surge?

AAVE has officially launched a $50 million annual buyback initiative following a successful pilot. This program aims to enhance AAVE’s tokenomics and reduce selling pressure, potentially leading to significant price increases again.

Despite potential positive outcomes, AAVE faces selling pressure due to heightened exchange inflows. With a strong correlation to Ethereum’s price movements, AAVE’s success may depend on broader market sentiment shifting positively.