Aave Partners with Bybit for Mantle Launch While AAVE Targets $628.5

Aave officially launched its decentralized finance (DeFi) services on the Mantle network on Wednesday, February 11, 2026, marking a significant expansion into a high-performance Layer-2 solution. 

This new integration, achieved through a partnership with Bybit, aims to provide Aave’s lending and borrowing services in a more scalable and cost-efficient environment, offering users faster transactions and lower gas fees.

The collaboration between Aave, Mantle, and Bybit is set to accelerate the growth of decentralized finance, as the integration taps into Mantle’s improved scalability while leveraging Bybit’s global reach to enhance adoption. 

This move highlights the increasing importance of optimizing DeFi services for both users and the broader crypto market.

Also Read: AAVE Surges 4% as Labs Shake-Up Eyes $100 Relief Bounce

AAVE Eyes $628.5 Price Target Amid Bullish Momentum

Following this, AAVE continues to ride the bold wave of its momentum, which now has its sights set on a new target of $628.5. By February 11, 2026, the token has managed to almost double from its breakout earlier this year. 

According to Javon Marks, a prominent analyst in the world of crypto, despite the occasional dips, the rally of the token has yet to be over. According to Javon Marks, the dips only provide traders an opportunity to accumulate more gains, propelling the next leg of the rally of the token.

Source: Javon Marks X Post

With an impressive +446% price surge, AAVE’s current price action is keeping its $628.5 target within reach. The token’s consistent holding pattern at its breakout levels indicates its strength, despite the raging market volatility. 

As decentralized finance (DeFi) continues to grow, the token’s price action may reflect the general sentiment towards DeFi’s ability to sustain its expansion.

Technical Outlook Indicates Decreasing Bearish Pressure

According to TradingView, as of Wednesday, February 11, the token has traded between $106 and $114 levels, as significant declines have occurred on February 9th and 10th, 2026. 

However, the trend appears to have shifted; the token has registered a slight increase, and currently, it is trading at $107.10 with a 0.91% gain. 

The RSI is at 40.41 levels, indicating a neutral position with a slight bias towards bearish, but no overbought signals are observed.

Source: TradingView

Even as the MACD histogram indicates bearish sentiment with a negative MACD histogram, the token’s price continues to trade above crucial levels of support. 

The short-term average trades lower than the long-term average, yet the MACD line at -1.98779 continues to trade above extreme levels, indicating that the bearish pressures may ease in the near term. Overall, the token appears poised to move higher.

Also Read: Aave TVL Tops $57 Billion in January Amid Rising DeFi Lending