Avalanche Will Skyrocket and Outperform Bitcoin by End of 2029: Standard Chartered
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Standard Chartered's research suggests Avalanche's AVAX token could surge to $250 by 2029, outperforming Bitcoin's projected 500% growth. The bank highlights Avalanche's unique scaling approach through dedicated L1 app networks and recent Etna Upgrade as key drivers for potential price appreciation.
April 02, 2025 | 11:45 pm
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Standard Chartered forecasts AVAX could reach $250 by 2029, driven by network improvements and developer adoption. Incremental developments could significantly impact the token's value.
Positive analyst report from a major bank predicting substantial price growth, backed by technical improvements and increasing network utility. Gradual price targets from $55 in 2025 to $250 in 2029 suggest steady, sustainable growth.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100