Aave V4 Adoption Grows on Base as AAVE Price Outlook Draws Attention

Aave V4 is recording increased borrowing activity on Base as users use tokenized stocks as collateral to access USDC. According to Token Terminal, 144 wallets were borrowing against Coinbase-issued tokenized equities, up from eight on the September 25 launch day. These wallets have deposited $9 million in tokenized stocks, including Apple, Nvidia, and Tesla, and borrowed $3.8 million in USDC. Meanwhile, analyst Don identified a potential bullish pattern on the AAVE price chart, with a breakout possibly opening the way toward higher price levels. According to Token Terminal, the number of wallets borrowing USDC against tokenized stock collateral on Aave V4 on Base increased from eight at launch to 144. The feature launched on September 25, marking a new use case for tokenized equities within decentralized lending.

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