Avalanche Could Skyrocket And Surpass Bitcoin By The End Of 2029, According To Standard Chartered
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Standard Chartered's research report forecasts AVAX could reach $250 by 2029, representing a 1,326% increase from its current price. The bank believes AVAX will outperform Bitcoin and Ethereum, driven by technological advancements like App Chains and potential institutional adoption through a proposed Grayscale ETF.
April 03, 2025 | 5:15 pm
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Standard Chartered's positive projection highlights AVAX's technological potential and ecosystem growth, with year-by-year price targets from $55 in 2025 to $250 in 2029.
The detailed report from a major bank provides a comprehensive and optimistic view of AVAX's potential, based on technological advancements, App Chains, and potential institutional investment through a proposed ETF.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100