StanChart predicts AVAX will 10x by 2029 to outperform Bitcoin, Ethereum
Portfolio Pulse from
Standard Chartered has initiated coverage on Avalanche (AVAX), forecasting a significant price appreciation from $35 to $350 by 2030. The bank's head of digital assets, Geoffrey Kendrick, views AVAX as a winner in the EVM chains, highlighting its scalability, unique subnet architecture, and growing developer adoption following the Etna upgrade.
April 03, 2025 | 10:30 pm
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Standard Chartered predicts AVAX will reach $350 by 2030, driven by technological improvements and ecosystem growth.
Positive analyst coverage from a major bank, highlighting technological advantages and growth potential, suggests strong bullish sentiment for AVAX.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100