Standard Chartered sees ‘generational wealth’ in potential Aave recovery, predicts 50x upside by 2030
The Block·
60-second summary
Standard Chartered predicts a 50x upside for Aave by 2030, forecasting a price of $3,500. This estimate is based on DeFi asset growth forecasts and the post-KelpDAO recovery. The bank sees significant potential in Aave, likening it to a 'generational wealth' opportunity. Market participants are taking note of this bullish prediction, fueling speculation about the future of DeFi assets.
Standard Chartered says Aave could reach $3,500 by end of 2030, a 50x gain based on a DeFi asset growth forecast and post-KelpDAO recovery.