Aero, the merged Aerodrome and Velodrome protocol, will launch on October 21 across seven chains including Base, Ethereum, Optimism, Arc, Ink, Robinhood Chain and Arbitrum. The AERO token surged 26.4% in 24 hours following the official announcement, with trading volume up 224% and open interest up 56%. Combined, Aerodrome and Velodrome currently handle 17% of Ethereum Virtual Machine trading volume, and the team expects to triple that figure after launch. The price has surpassed its 2026 high and is now targeting the psychological $1 level, followed by the $1.20-$1.30 resistance zone, though a pullback remains possible.
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