Standard Chartered Believes Avalanche's AVAX Is Well-Positioned For Massive Rally To $250 By 2029
Portfolio Pulse from
Standard Chartered's digital assets research team forecasts a significant price surge for Avalanche's AVAX token, projecting it could reach $250 by 2029. The prediction is based on the blockchain's unique scaling approach, growing developer ecosystem, and success in real-world asset tokenization, including BlackRock's recent $2 billion fund launch on the platform.
April 03, 2025 | 1:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Standard Chartered predicts AVAX could reach $55 by 2025 and $250 by 2029, citing network improvements and increasing developer adoption.
Positive analyst report from a major bank with detailed price projections, highlighting technological advancements and growing ecosystem potential for Avalanche.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100