Aave News Today: With Aave and Worldcoin Facing Challenges, BlockDAG's Breakthroughs Propel the Future of Cryptocurrency

The cryptocurrency sector is currently marked by a clear divide between projects that are gaining momentum and those that are struggling to stay relevant. In contrast, established names such as

(AAVE) and (WLD) are facing negative technical trends, while Mantle (MNT) is seeing a notable increase in trading activity even as the broader market remains uncertain, as reported by .

BlockDAG’s swift rise is attributed to its hybrid Proof-of-Work and Directed Acyclic Graph (DAG) structure, which allows for up to 15,000 transactions per second. The project has already attracted more than 3.5 million mobile miners and deployed 20,000 hardware devices, creating a robust ecosystem before its official launch with over 312,000 token holders.

Experts believe BlockDAG’s emphasis on infrastructure—including EVM and WASM support, advanced smart account systems, and a design that eliminates UTXOs—could enable it to rival Toncoin’s market share. Unlike Toncoin, which has grown primarily through Telegram, BlockDAG is focusing on community mining and airdrop rewards to foster organic growth. Key events such as a Binance AMA on October 24 and the GENESIS DAY launch on November 26 are expected to be significant milestones, Timestabloid notes.

Aave, a prominent DeFi lending platform, has experienced a drop in its Total Value Locked (TVL) to $33.2 billion, marking a 17% decrease since mid-October. Even with a new partnership with

to bring institutional-grade assets into its ecosystem, AAVE’s price has slipped below $210. Technical signals such as an RSI of 42 and a bearish MACD indicate downward momentum, while large holders moving funds out and reduced exchange inflows are raising concerns about liquidity, according to .

Worldcoin (WLD) has also faced setbacks, dropping 25% in value this month. With technical indicators like an RSI of 36 pointing to oversold conditions and a lack of clear utility, investor confidence has waned. Analysts caution that if the price falls below $0.90, it could quickly decline to $0.49, underlining the vulnerability of speculative assets in a risk-averse environment.

On the other hand, Mantle (MNT) has bucked the negative trend, with trading volumes on Bybit soaring by 457% over the past three months. From July to October, MNT’s daily average trading volume increased from $111 million to $619 million, and its Assets Under Management (AUM) grew by 300%. The introduction of MNT futures and options on Bybit has further boosted liquidity, signaling rising institutional interest in this layer-2 solution, as reported by

.

The differing fortunes of these projects reflect a broader transformation in the crypto landscape. BlockDAG’s infrastructure-driven approach are in line with the 2025 trend toward scalable, utility-focused platforms. In contrast, the difficulties faced by AAVE and WLD illustrate the challenges of maintaining growth in a market that increasingly values real-world application over pure speculation, according to

.

Nevertheless, Aave’s ongoing governance improvements and Mantle’s expanding developer base could still reshape the competitive landscape. As the industry contends with macroeconomic headwinds, projects that offer practical solutions and strong technical underpinnings are increasingly being favored, Timestabloid observes.

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