Cryptocurrency AERO soared by 14%, raising questions about its potential as a 100x altcoin.However, some are skeptical, viewing it as a possible trap.
Aero Crypto, the native token of Aerodrome Finance, a decentralized exchange operating on the Base blockchain, has experienced a significant price jump over the past 24 hours. The token's price has risen approximately 14%, reaching a current price of $0.86 as of June 24, 2025.
Aero Crypto's circulating supply stands at 839,902,910, with a market cap of $724,796,244. The 24-hour trading volume is $131,471,942, reflecting the increased interest in the token.
The recent surge in Aero Crypto's price can be attributed to several factors. One of the key catalysts was JP Morgan's announcement on June 18, 2025, launching a USD-denominated deposit token on Base via Kinexys. This move has been seen as a significant step forward for the Base blockchain and has likely boosted the popularity of its native token, Aero Crypto.
Another factor that could be influencing Aero Crypto's performance is the proposed GENIUS Act, which aims to establish a stablecoin framework in the U.S. The passage and impact of this act remain uncertain, but if it were to pass, it could potentially benefit Aero Crypto and other cryptocurrencies operating on the Base blockchain.
Aero Crypto has seen a remarkable increase since its all-time low of $0.00001861, achieved in October 2023. This represents a staggering 4,705,262.4% increase in the token's value. It's worth noting that Aero Crypto's all-time high was $2.32, achieved in December 2024.
Aerodrome Finance aims to serve as the central liquidity hub for Base, featuring a liquidity incentive engine and a vote-lock governance model. These features are designed to attract liquidity providers and facilitate smooth trading on the platform.
However, it's important to note that there are no specific institutional investors publicly identified as having invested in Aero Crypto (Aerodrome Finance) so far. Most available data highlights general market activity, price trends, and trading volumes rather than individual institutional involvement or outcomes.
In terms of historical price data, Aero Crypto has shown fluctuations. The token peaked at $1.4161 in November 2024, but dipped to $0.4621 in March 2025. Despite these fluctuations, Aero Crypto's price has been on an overall upward trend, reflecting the growing interest in the Base blockchain and its associated tokens.
As the crypto landscape continues to evolve, it will be interesting to see how Aero Crypto and other Base blockchain tokens perform. With increasing regulatory clarity and major industry developments, the future looks promising for Aero Crypto and the broader crypto market.
Read also:
- Trump and Xi speak over the phone, according to China's confirmation.
- Linde Wins Major Engineering Design Contract for Equinor's Low Carbon Hydrogen Project at H2H Saltend, Progressing Towards a Greener Future
- Economic Growth of Nitric Acid for Electronic Applications Anticipated to Reach 5.8% by 2034
- Stock markets in Asia experience a surge following a record-breaking rally in U.S. stocks, fueled by optimism towards potential interest rate reductions.
