AAVE cryptocurrency has surged 31% this week, climbing from a low of $87 to $113, driven by increased whale activity and rising demand for the Aave protocol. Nansen data highlights significant on-chain activity, with two large whales accumulating AAVE, suggesting a bullish momentum shift. The cryptocurrency's RSI has also surged, indicating strong accumulation.The Aave protocol has seen a rebound in active loans, rising from $16.26 billion to $17.5 billion, alongside an increase in asset holders from under 9,000 to over 30,000 since January last year. This growth in protocol activity and investor interest positions AAVE for potential further gains, with analysts eyeing resistance levels near $180 and $200.