Can a spike in interest push AERO past $2.38 on the charts?

• Grayscale's listed airfield is among its top 20 exciting projects for Q1 2025
• Smart DEX traders are in the distribution phase, but some wallets have bought AERO recently

Grayscale's latest inclusion of Aerodrome (AERO) in its top 20 for Q1 2025 can be seen as a sign of investor interest. In fact, this listing suggested that there could be more capital inflows, especially since the Grayscale deal often drives the market's attention.

Historically, such recognition has led to appreciation of prices in certain assets. Therefore, Aerodrome's visibility could rise, attracting both retail and institutional investors.

The attention could encourage further development and partnerships, which could increase results.

This strategic position with Grayscale emphasized AERO's promising fundamentals and market potential in the coming quarter.

Smart DEX trading and price prediction

Smart DEX traders also took advantage of AERO seeing around 30x gains from its lows to highs. This sharp rally and subsequent sell-off featured well-timed entries and exits, particularly around these accumulation zones.

At press time, these traders had moved into a spread, indicating a possible drop in buying pressure in the near term.

On the other hand, some whales have been distributing AERO regularly, with daily sales between $500k and $7 million.

This high level of circulation is in stark contrast to the optimistic outlook from major players like Grayscale, indicating a difference in sentiment between large holders and institutional views.

Despite recent buying by smaller smart money investors, the heavy selling pressure from whales could dampen short-term price expectations.

The price of AERO, which was previously at $2.38, faced a decline, pushing the price into a more vulnerable zone characterized by frequent buy and sell signals – Showing mixed sentiment among traders.

In fact, the market structure of LuxAlgo indicated a breakout – Referring to the possibility of both an upward movement and a major resistance.

This reversal could set the stage for AERO to challenge the previous high, offering an entry point for traders keen to accelerate these movements. As a result, AERO's future price movements may exceed the ATH of $2.38.

TVL AERO, profit, and active addresses

Finally, Aerodrome also projected financial health with a TVL of $1.409 billion and a market cap of $1.117 billion. Its daily volume peaked at $54.03 million, with $339.06 million in annual revenue – An indication of strong trading activity and revenue generation within its ecosystem.

On the charts, 60.42% of AERO holders were 'in the money.' This meant that their property price was below the press time market price of $1.51, indicating possible selling pressure.

Conversely, 24.95% were 'out of the money' and could hold out for higher prices, while 14.63% were 'in the money', indicating a potential decision point. there to buy or sell based on short-term price movements.

The daily active addresses for the tracked assets also decreased by 29.10%, indicating a drop in user engagement according to IntoTheBlock. On the other hand, new addresses grew by 6.47%, showing some renewed interest. Zero balance addresses also climbed 13.89% to pressure some users to leave their posts.