Aerodrome Finance Consolidates Near $1.15 on Base Chain Adoption Boom

Aerodrome Finance ($AERO) is consolidating around the $1.15 level, fueled by strong adoption of the Base blockchain and surging trading activity. The protocol benefits from its role as a DEX anchor on the Base chain, driving liquidity and attracting institutional investors, all contributing to a growing total value locked (TVL). This consolidation comes after a recent rally that saw it surge past $0.80, reaching a peak of over $1.55. 10% increase in Open Interest reflects investor confidence and suggests the possibility of a breakout.