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One coin I believe could be the next major breakout is Aerodrome Finance.
Here is the full thesis on why it has serious potential.
1. The Base and AI Narrative
Base recently updated its mission to focus on three core pillars: AI agents, global payments, and on-chain trading of any asset. All of these drive more on-chain activity, which directly means more revenue flowing to Aerodrome as the leading DEX on Base.
2. Highest Revenue Per Token Among DEXs
Aerodrome is unique because it returns 100% of fees to token holders built directly into its tokenomics. AERO holders earn more revenue per token than even HYPE. Supply is constantly locked into veAERO, and a portion of fees is used to buy back and burn tokens, creating strong deflationary pressure.
3. Major Protocol Upgrade Coming in July
Aero is set for a massive upgrade this July. Key changes include merging AERO and VELO into a single unified token, expanding to Ethereum mainnet and Circle's Arc chain, plus major tokenomics and fee improvements. This could be a huge catalyst.
4. The Untold Forex Potential
No one in crypto is talking about how Coinbase, Base, and Circle are quietly building the on-chain forex narrative. With new stablecoins, payment systems, and better channels, the traditional daily forex volume is 7.5 trillion dollars. If Aerodrome becomes the liquidity hub for Circle's Arc chain focused on forex swaps and global payments, it could capture a massive market and become the on-chain forex bank.
5. Base Airdrop Speculation
Base has long hinted at a native token. When it launches, we can expect a massive wave of volume and activity on the chain. Holding and using AERO could easily help users qualify for an airdrop, given the close working relationship between the teams.
At a current market cap around 420 million dollars while processing over 4 billion in weekly volume, AERO feels heavily undervalued. I would not be surprised to see a significant revaluation higher soon. Let us see how this pla...
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