# Aave Climbs Above $170 to Highest Level Since Jan. 19 By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/25293 Published: 2026-09-29T11:47:24.000Z Updated: 2026-09-29T11:47:24.000Z Section: Investing > AAVE gained about 15% in 24 hours after rising 11% from 8 p.m. ET Sept. 28 to $166.55. Aave (AAVE) climbed above $170 on Sept. 29, reaching its highest level since Jan. 19 as the token extended a sharp daily advance. AAVE gained about 15% over 24 hours. It rose 11% from 8 p.m. ET Sept. 28 to $166.55. The move came as Aave founder Stani Kulechov said the project was considering adding a token-burn mechanism to Aavenomics 3.0. The proposal would involve permanently removing tokens from circulation. AAVE is the native token of Aave, a decentralized lending protocol. The token previously [led a rebound among decentralized-finance assets as Bitcoin advanced](). ## Links in this article - [led a rebound among decentralized-finance assets as Bitcoin advanced](https://www.tokenpost.com/news/investing/25277)