Aerodrome Finance’s native token, AERO, has stunned the market with an explosive 60% surge over the past week, fueled by positive sentiment and ecosystem developments. As one of the largest DEXs on Coinbase’s Layer-2 network, Base, Aerodrome’s recent rally signals a potential trend reversal after months of bearish price action. With AERO now testing the $0.80 resistance level, a breakout toward the psychologically significant $1 mark appears increasingly likely—if bullish momentum continues to build.

For context, AERO had endured a prolonged downtrend from December 2024 to late April 2025, shedding value as selling pressure overwhelmed any buyer attempts to reverse the trend. During this time, the token slipped below its November 2024 lows, losing market structure and erasing investor confidence. However, sentiment has shifted significantly in June, thanks in part to external catalysts and improving market conditions.

A major fuel behind AERO’s recent rally came from Coinbase’s statement to integrate Base-native DEXs into its main app. This integration will offer greater visibility and user access to protocols like Aerodrome, potentially expanding liquidity and volume significantly. Adding to the excitement, Shopify and Coinbase revealed a partnership to roll out stablecoin payments using USDC—a move seen as bullish for the broader Base ecosystem.

Following this news, AERO surged 45% in just four days, breaking key resistance levels on high volume. According to DeFiLlama, Aerodrome’s 24-hour and 30-day DEX volumes even surpassed Uniswap’s during this period—a remarkable milestone that reflects surging on-chain activity.

Technically, AERO’s three-day chart has flipped bullish for the first time in months. After bouncing from a demand zone around $0.52, the token cleared the $0.80 resistance—an important level that had rejected previous rallies. With this breakout, market structure has officially shifted in favor of the bulls.

However, AERO still trades about 25% below its pre-downtrend high of $1.06 set in early November 2024. The $1 mark now serves as the next critical resistance—a psychological and technical barrier that could either catalyze further gains or fuel profit-taking.

Supporting the bullish thesis are higher timeframe indicators that are just beginning to show signs of life. The Awesome Oscillator (AO) has ticked above the zero line, indicating that bullish momentum is emerging. Similarly, while the Chaikin Money Flow (CMF) remains below the +0.05 threshold, its upward slope hints at growing capital inflows.

Still, AERO’s recovery is in its early stages. Volume and participation must sustain current levels or increase if the token is to push beyond $1 and hold. The longer-term Fibonacci retracement levels, based on the December high-to-low range, place extended resistance targets at $1.55 and $1.89—levels that could be tested if AERO successfully breaks above the $1 ceiling in the coming weeks.

In terms of broader implications, Aerodrome is beginning to look like a major contender in the DEX space. Its recent volume dominance, coupled with a fast-rising token price and growing integration with Coinbase, positions the protocol favorably within the Base ecosystem. Still, this strength must translate into real capital inflows and user retention to ensure the rally isn’t just speculative.

In summary, AERO’s recent breakout signals a potential trend reversal after months of weakness. With bullish market structure forming on higher timeframes and ecosystem tailwinds providing support, a move toward $1 appears increasingly likely. However, buyers should watch closely for volume follow-through and capital inflows, as any weakness near $1 could prompt a temporary pullback. If the bulls maintain control, the next leg of the rally could be just beginning.