AAVE Slides 10% Despite Founder Buy as Governance Rift Weighs on Price

Aave’s native token continued to slide despite steady buying from founder Stani Kulechov, highlighting weak market confidence as governance and revenue concerns overshadow insider accumulation. On-chain data shows Kulechov added more than $12 million worth of AAVE over the past week, but the token remains under pressure as investors await clarity on DAO control and long-term value capture.