Aave could soar to $3,500 by 2030 on DeFi revival, says StanChart

CoinDesk·

Aave could soar to $3,500 by 2030 on DeFi revival, says StanChart

60-second summary

Aave is poised to soar to $3,500 by 2030 as StanChart's Geoff Kendrick predicts a revival in Decentralized Finance (DeFi). Kendrick believes Aave has recovered from the April cyberattack-related market disruption and is well-positioned to capitalize on growth in tokenized assets, a trend expected to drive Aave's value upwards in the coming years.

Geoff Kendrick said Aave has moved past April's cyberattack-related market disruption and is well positioned to benefit from growth in tokenized assets and DeFi.