Standard Chartered Forecasts AAVE Token to Hit $3,500 by End of 2030, up 50x from $70

AAVE10.70%

According to Standard Chartered, AAVE token could surge 50 times to $3,500 by the end of 2030, according to a research note released Wednesday. Geoff Kendrick, the bank's global head of digital assets research, initiated coverage with price targets of $180 by end of 2026, followed by $600, $1,200, and $2,200 over the subsequent three years.

Standard Chartered expects AAVE to track a projected 37-fold growth in DeFi assets to $2.7 trillion by 2030, fueled by stablecoins and tokenized real-world assets. The optimism arrives as Aave recovers from an April liquidity crisis that halved deposits to $23 billion from $44 billion.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments