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Aave Shuts Down Avara Brand and Family Crypto Wallet

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Crypto Breaking News

Aave Labs is consolidating its branding around core decentralized finance offerings, signaling a shift away from its umbrella project Avara. The reorganization follows a string of moves intended to streamline product focus and accelerate mainstream adoption of Aave’s DeFi stack. In a post on X, founder and CEO Stani Kulechov explained that Avara—an umbrella for projects including the Family crypto wallet and Lens-related initiatives—will be deprecated as the team doubles down on bringing Aave to a wider audience. The announcement underscores a broader theme in the ecosystem: simplifying user experiences to drive mass adoption rather than expanding brand reach through ancillary products.

Key takeaways

  • Aave Labs replaces Avara as the central branding home for current and future products, including Aave App, Aave Pro, and Aave Kit.
  • The Family wallet on iOS is winding down, with onboarding of new users halted and a slated wind-down over the next year.
  • Lens governance has shifted away from Aave, with stewardship handed to Mask Network and Aave taking on a primarily advisory role for Lens-related work.
  • The change is part of a broader strategic refocus on DeFi product development and ecosystem integration rather than broad branding expansion.
  • Aave remains the dominant DeFi protocol by total value locked (TVL), hovering around $30 billion, well ahead of competitors.

Tickers mentioned: $AAVE

Price impact: Negative. The AAVE price recently declined about 0.7% in the last 24 hours, trading around $127.40.

Market context: The move comes as the DeFi sector consolidates leadership around core lending and borrowing protocols. With Aave at the forefront of TVL—roughly $30 billion, according to DefiLlama—the branding simplification may help streamline user onboarding and product development amid fluctuating risk sentiment and regulatory scrutiny that has grown tighter around decentralized finance offerings.

Why it matters

The decision to sunset Avara and consolidate into Aave Labs signals a strategic bet on a more focused, product-led growth path. By winding down the Family wallet and relegating Lens governance to a governance partner, Aave appears to be prioritizing a seamless end-user experience and clear product ownership. For investors and developers, the move provides a more direct line of accountability for delivering DeFi features that scale: a more cohesive roadmap, clearer product boundaries, and less fragmentation across brands.

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On the user experience front, the Family wallet’s wind-down represents a realignment of resources toward experiences that encourage sustained engagement, such as savings-oriented features rather than open-ended wallet functionality. While the wallet’s iOS app will be phased out over the coming year, existing users will still be able to access their funds via Aave’s web interfaces through at least 2027. This keeps funds secure and accessible while the underlying infrastructure continues to support Aave Labs’ broader product ecosystem.

The Lens protocol transition, previously under Aave stewardship, to Mask Network, underscores a broader industry trend: governance and development responsibilities are increasingly distributed to specialized teams. While Aave maintains an advisory role, the strategic emphasis remains on preserving protocol integrity and enabling DeFi deployment at scale. This alignment could help reduce overlaps and accelerate deployment timelines for core Aave products in areas like lending, borrowing, and asset management, reinforcing the network’s competitive position in a crowded DeFi landscape.

In formal terms, Aave Labs will house all current and future offerings, including the Aave App, Aave Pro, and Aave Kit. The branding simplification aims to minimize confusion for users navigating a growing suite of tools and services. By concentrating branding under a single umbrella, the company aims to deliver a more coherent user journey—from onboarding to advanced use cases—without sacrificing the security and reliability that have underpinned its market leadership.

From a market perspective, Aave’s status as the largest DeFi protocol by total value locked provides a cushion against volatility in the broader crypto markets. With TVL around $30 billion and Lido’s staking protocol trailing at roughly $21.7 billion, the competitive landscape remains robust. The price action of AAVE—which traded around $127.40 after a 0.7% daily dip—reflects the typical sensitivity of blue-chip DeFi tokens to broader liquidity and regulatory dynamics, even as the core product suite continues to evolve in line with the company’s strategic reorientation.

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What to watch next

  • April 1: No new users will be onboarded to the iOS Family Wallet, marking a hard stop for new installations.
  • April 1, 2027: Existing Family Wallet users retain access to their funds via Aave’s web interfaces; iOS app access ends, completing the wind-down.
  • Updates on Aave App, Aave Pro, and Aave Kit within Aave Labs, including roadmap milestones and governance developments.
  • Lens protocol governance and collaboration with Mask Network—monitor any public governance proposals or technical integrations.

Sources & verification

  • Stani Kulechov’s X post announcing the sunset of Avara and the move to focus on bringing Aave to the masses.
  • Avara blog post detailing that current and future products will operate under Aave Labs and the wind-down of the Family wallet on iOS.
  • DefiLlama TVL data confirming Aave as the largest DeFi protocol with approximately $30 billion in total value locked.
  • CoinGecko price data showing AAVE trading around $127.40 with a ~0.7% daily decline.

Why it matters

The branding consolidation is a signal of maturity for Aave as it increasingly treats DeFi tooling as an integrated ecosystem rather than a set of standalone products. By aligning development under Aave Labs, the project can allocate resources more efficiently, reduce friction for users, and accelerate delivery of core DeFi capabilities that have driven adoption since the early days of the protocol.

For builders, the move clarifies accountability and ownership for each product, potentially speeding up integration work and reuse of components across the Aave ecosystem. For users, a streamlined brand can translate into a simpler onboarding flow, more consistent user interfaces, and fewer disruptions caused by shifting project scope. Regulators, too, may appreciate a well-defined product suite with centralized governance and clearer risk management practices across Aave’s core offerings.

In the broader crypto market, the emphasis on DeFi-focused growth comes at a time when liquidity and risk appetite remain uneven. However, as institutional and retail demand for scalable, compliant, and user-friendly DeFi tools persists, Aave’s renewed focus could bolster confidence in its trajectory and reinforce its position as a leading provider of decentralized financial primitives.

What to watch next

  • Roadmap updates for Aave App, Aave Pro, and Aave Kit under Aave Labs in the coming quarters.
  • Any governance proposals related to Lens or other partnerships tied to the Lens ecosystem.
  • Evolving product onboarding experiences aimed at broad user segments, including savings-focused features.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Shiba Inu price outlook: analysts project a potential 400% surge

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Shiba Inu price outlook: analysts project a potential 400% surge
Shiba Inu price outlook: analysts project a potential 400% surge
  • Shiba Inu (SHIB) faces short-term pressure from large exchange inflows.
  • The key support lies at $0.0000060, while the immediate resistance lies near $0.0000066.
  • Long-term forecasts project potential gains up to 400%.

Shiba Inu (SHIB) price has seen an uptick, trading at around $0.0000064 after gaining over 7% in 24 hours.

Despite this movement, short-term dynamics suggest caution.

A significant portion of SHIB tokens, totalling hundreds of billions, has recently flowed into centralised exchanges.

Such large inflows often indicate potential selling pressure.

This means the market could see a downward push if buyers do not absorb the increased supply.

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Adding to the caution, technical indicators point to weakening momentum.

SHIB recently formed a death cross on shorter timeframes, where a faster-moving average crossed below a slower one.

This pattern historically signals bearish pressure in the short term.

Shiba Inu price analysis
Shiba Inu chart showing the death cross | Source: TradingView

The support near $0.0000060 has become a key pivot point.

If this level holds, SHIB may stabilise, but a breach could trigger further declines toward $0.0000057 or lower.

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Resistance remains at around $0.0000066, a level that must be cleared for buyers to regain control.

On-chain trends and market sentiment

Beyond price action, on-chain data shows a growing number of tokens being held on exchanges.

This indicates that many holders are prepared to sell, adding to market uncertainty.

At the same time, the market has shown resilience.

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Small rallies have occurred even as selling pressure builds, suggesting that some investors remain confident.

Liquidity is limited, however, which can exaggerate price swings in either direction.

The short-term picture remains fragile, and momentum is likely to be influenced by market sentiment and broader cryptocurrency trends.

Long-term Shiba Inu price projections

Looking beyond the immediate fluctuations, analysts remain optimistic about SHIB’s potential.

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JAVO MARKS projects that the meme coin could rise as high as $0.00005 by late 2026, which represents an increase of more than 400% from current levels.

Several factors could contribute to this bullish outlook.

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One of those factors could be a broader crypto market upswing, which could lift altcoins and memecoins like SHIB.

Regulatory clarity and adoption of cryptocurrencies by institutions may also provide a boost.

These catalysts, combined with continued community support, create a framework for long-term growth.

Despite this, experts caution that short-term technical weaknesses could limit immediate gains.

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Price stability and strong support at key levels will be crucial for sustaining any rally.

The token’s speculative nature and its dependence on market cycles mean that volatility is likely to continue.

If the bullish catalysts materialise, SHIB could deliver substantial gains, but the path may be uneven.

For now, the market will likely navigate a mix of uncertainty and opportunity, reflecting the unique position Shiba Inu holds in the crypto space.

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Billionaire Alan Howard’s crypto incubator WebN closes down

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Billionaire Alan Howard’s crypto incubator WebN closes down

WebN Group, the blockchain and Web3 incubator backed by billionaire Alan Howard, is closing its doors after seeding a clutch of digital infrastructure startups over the past several years, according to a person familiar with the matter.

Most recently, the venture studio backed tokenization specialist Libre (now called KAIO), crypto staking shop Twinstake, blockchain infrastructure firm TruFin and zero-knowledge proofs startup Geometry.

In addition to Howard, WebN also received an undisclosed investment from Japanese bank Nomura’s crypto partnership, Laser Digital, back in 2023.

The incubator was described as having “successfully completed its mission” the person said. Some of the staff who worked at WebN moved across to work at Brevan Howard, the hedge fund founded by Howard, they said.

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The decision to close down the WebN incubator has no bearing on Howard’s digital asset aspirations, said the person, who is close to the situation at WebN.

“Those who know Alan, know that he has long been convinced that blockchain technology would be used in traditional markets,” the person said.

The last 12 months have been a challenging time for crypto-exposed firms. Brevan Howard’s digital asset fund lost almost 30% last year, according to a report in the Financial Times. This follows gains of 52% in 2024 and 43% the year before.

Like many other hedge funds, Brevan Howard has trimmed its bitcoin ETF positions, cutting holdings of BlackRock’s iShares Bitcoin Trust by some 85%, according to data from Bloomberg and CF Benchmarks.

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2025 also saw the departure of BH Digital CEO Gautam Sharma, who had been overseeing crypto investing at the firm for a few years. Brevan Howard also decided to spin out Nova, a hedge fund run by former Dragonfly investor Kevin Hu, who joined the firm with his own money pool in 2023 as part of an acquisition.

“Brevan Howard isn’t scared off by temporary volatility, remains bullish on digital assets and has a huge VC business focused on the broad opportunity set,” said the source.

WebN Group did not respond to requests for comment. Brevan Howard declined to comment.

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Ethereum Foundation’s Justin Drake Unveils “Strawmap” Roadmap With Seven Forks Planned Through 2029

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Nexo Partners with Bakkt for US Crypto Exchange and Yield Programs

TLDR:

  • Ethereum Foundation researcher Justin Drake proposed roughly seven protocol forks through 2029 on a six-month cadence.
  • The EF protocol team targets 1 gigagas/sec L1 throughput via zkEVMs, equating to approximately 10,000 transactions per second.
  • High-throughput L2 via data availability sampling aims to support up to 10 million transactions per second across Layer 2 networks.
  • The strawmap introduces post-quantum cryptography and native privacy-preserving ETH transfers as long-term first-class protocol goals.

Ethereum Foundation researcher Justin Drake has released a protocol document called the “strawmap,” proposed by the EF protocol team.

The plan outlines roughly seven forks through 2029, operating on a cadence of one upgrade every six months. Five long-term goals anchor the roadmap: faster L1 finality, 1 gigagas/sec throughput, high-throughput L2, post-quantum cryptography, and native privacy-preserving ETH transfers.

Drake Proposes a Six-Month Fork Cadence Through the End of the Decade

Justin Drake, a researcher at the Ethereum Foundation, put forward the strawmap as a technical coordination tool for the EF protocol team.

The document covers seven planned forks stretching from the present through 2029. It was originally drafted during an internal EF workshop held in January 2026 before being shared publicly.

Drake introduced the document on social media, writing that the strawmap is “an invitation to view L1 protocol upgrades through a holistic lens.”

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By placing all proposals on a single visual, the EF protocol team aimed to present a unified perspective on Ethereum’s long-term ambitions. The time horizon extends well beyond what All Core Devs typically covers in its near-term planning cycles.

The six-month fork cadence is central to how the EF protocol team structured the strawmap. Each fork is limited to one consensus headliner and one execution headliner to keep the pace manageable.

For example, the upcoming Glamsterdam fork features ePBS and BALs as its two headliners across the respective layers.

Fork names follow a star-based naming convention on the consensus layer, with letters incrementing from Altair onward.

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Upcoming forks like Glamsterdam and Hegotá carry confirmed names, while others such as I* and J* remain placeholders.

The roadmap is publicly accessible at strawmap.org and will receive at least quarterly updates as the protocol evolves.

Five Long-Term Goals Shape the EF Protocol Team’s Technical Vision

The five north stars proposed by the EF protocol team define the technical direction through the end of the decade.

Drake described them clearly: faster L1 targeting finality in seconds, 1 gigagas/sec throughput via zkEVMs, high-throughput L2 via data availability sampling, post-quantum cryptography through hash-based schemes, and native privacy-preserving ETH transfers via shielded transactions.

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Each goal connects directly to specific upgrade tracks mapped across the consensus, data, and execution layers. The gigagas target of 1 gigagas/sec translates to roughly 10,000 transactions per second on L1.

The teragas L2 goal targets 1 gigabyte per second, supporting approximately 10 million transactions per second across Layer 2 networks.

Post-quantum cryptography addresses the long-term durability of Ethereum’s security model. Hash-based cryptographic schemes are the proposed mechanism for protecting the network against future quantum computing threats. This upgrade track reflects the EF protocol team’s focus on securing Ethereum well beyond the current decade.

Native privacy through shielded ETH transfers rounds out the five goals. The strawmap treats privacy as a first-class protocol feature rather than an application-layer concern.

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Drake described the document as a work-in-progress living document, not a formal prediction, but a structured path proposed by the EF protocol team for advancing Ethereum’s core infrastructure.

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Polkadot Jumps Ahead of Halving Event

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DOT Chart

DOT rises as investors look toward a coming supply cut, though analysts say the move may be driven by market sentiment.

Polkadot’s native token DOT soared on Wednesday, Feb. 25, making it the top performer among large-cap cryptocurrencies just weeks before the network’s planned supply halving.

DOT is currently trading at $1.54, up about 23% over the past 24 hours, according to CoinGecko. The token’s market cap is near $2.6 billion, while daily trading volume has climbed above $420 million.

DOT Chart
DOT Chart

The rally comes as Polkadot approaches a major tokenomics change scheduled for March 14. The network plans to cut annual token issuance in half and cap the total supply at about 2.1 billion DOT. The move aims to lower inflation and make the token more scarce over time.

This upcoming change, called a “halving,” may be one reason the market is paying more attention to DOT. However, other analysts say the timing of the rally suggests it may be driven more by market sentiment than by Polkadot itself.

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“We’re seeing double-digit green candles across the altcoin space. DOT just happens to be one of today’s leaders,” said Danny Nelson, a research analyst at Bitwise. “Nothing’s changed about Polkadot, its users, or its usefulness. There’s no new ‘news’ to catalyze a DOT repricing. I chalk DOT’s 20%+ surge up to market-wide speculation.”

Nelson added that investors are speculating that Bitcoin has reached its bottom. “If that’s so, then you’d certainly expect altcoins to rally, too,” he said. “You can see some positive indicators in Bitcoin’s 24-hour chart.”

Meanwhile, Brian Huang, co-founder of Glider, pointed out that trading activity has also spiked, but the reason for the move remains unclear. “The odd part is there is no clear catalyst for DOT surging today,” He said. “Because of this surge, both spot and perp volume are at their highest levels in the last three months.”

Huang added that while the supply change is important, it doesn’t take effect until mid-March, “so today’s timing feels unrelated.”

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The Bank of England’s plan to cap stablecoin holdings is sparking an industry revolt

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The Bank of England’s plan to cap stablecoin holdings is sparking an industry revolt

The U.K.’s Financial Conduct Authority (FCA) picked Revolut, Monee Financial Technologies, ReStabilise, and VVTX to test stablecoin issuance in its Regulatory Sandbox as regulators move toward a full rulebook.

The FCA said the cohort will trial stablecoin products in real-world conditions, with safeguards in place. The regulator plans to focus on issuance and review use cases that include payments, wholesale settlement and crypto trading. Testing begins in the first quarter of 2026, and the FCA said the results will feed into final stablecoin rules later in 2026.

“We are supporting U.K. stablecoin issuers to ensure they can be trusted for payments, settlement and trading,” said Matthew Long, director of payments and digital assets at the FCA. “It will benefit consumers and financial transactions and help to deliver the FCA’s strategy and the Government’s National Payments Vision.”

Industry pushes back

However, industry leaders have pushed back against the Bank of England’s (BoE) stablecoin caps, saying they limit innovation and prevent the U.K. from becoming the global hub it aims to be.

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The BoE published a paper on Nov. 10, 2025, announcing stablecoin caps of between £5,000 and £20,000 for individuals and £1 million to £10 million for businesses. Armstrong asked U.K. users to sign a petition to Parliament for these caps to be reconsidered. The petition has 81,909 of the 100,000 required signatures.

“Stablecoin rules in the U.K. are being finalized, and are at risk of preventing the U.K. from being globally competitive in the digital economy,” Brian Armstrong, CEO and co-founder at Coinbase, wrote on X on Tuesday. He cited a Bank of England proposal to cap stablecoin holdings.

The government has repeatedly pledged to position London as a center for global digital asset activity. However, comprehensive legislation governing stablecoins and wider crypto activity is expected to be approved by parliament only later this year and won’t come into force until 2027.

The regulatory timeline contradicts U.K.’s goal of remaining globally competitive within the industry, Andrew MacKenzie, CEO of sterling stablecoin developer Agant, told CoinDesk in a recent interview at Consensus Hong Kong. He said the introduction of rules is not moving fast enough to support the aspirations of the global crypto hub.

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“The U.K. has a long history of being a financial hub,” said Armstrong. “Embracing and encouraging innovation, especially when other countries are moving fast here, is important for maintaining that.”

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Tokenized US Treasury Market Surges by $1B Since Beginning of Year

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US Government, United States, Bonds, RWA, RWA Tokenization

The tokenized US Treasury market has surged by over $1 billion since the beginning of 2026, despite macroeconomic uncertainty and concerns over the US government’s growing national debt.

Tokenized US Treasurys are government debt instruments that are a form of real-world assets (RWAs) represented onchain by a token.

The market capitalization of tokenized Treasurys climbed to more than $10.8 billion at the time of writing from $8.9 billion on Jan. 1, according to data from RWA.xyz.

US Government, United States, Bonds, RWA, RWA Tokenization
The tokenized US Treasury market has grown to over $10.8 billion. Source: RWA.xyz.

The tokenized US Treasury market has surged 50x since 2024, according to data from Token Terminal, aided by the March 2024 debut of asset manager BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), which now has a market cap of more than $1.2 billion.

Tokenized US Treasurys continued to surge despite a broad crypto market downturn that began in October 2025, rising US government debt levels and investor uncertainty about the macroeconomic outlook in 2026.

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US Government, United States, Bonds, RWA, RWA Tokenization
The World Uncertainty Index, an investor sentiment tracker, spiked to all-time highs in 2025. Source: FRED, Federal Reserve Bank of St. Louis

Related: Tokenized RWAs climb 13.5% despite $1T crypto market drawdown

The Depository Trust and Clearing Corporation to launch US Treasury tokenization service

The Depository Trust and Clearing Corporation (DTCC), which provides clearing and settlement services for global financial markets, announced plans in December 2025 to launch an asset tokenization service, beginning with US Treasurys.

DTCC will eventually expand the service to include a “broad spectrum” of assets, according CEO Frank La Salla. 

“Following the tokenization of US Treasurys on the Canton network, DTCC anticipates that exchange-traded funds (ETFs) and equities will come shortly thereafter,” La Salla said.

The DTCC is the largest clearinghouse in the world and settled $3.7 quadrillion in transaction volume in 2024, according to the company. 

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