Standard Chartered initiated coverage of Aave (CRYPTO:AAVE) with a price target of US$3,500 by the end of 2030.The bank said Aave’s recovery from a recent liquidity decline and projected growth in decentralised finance support its outlook.The forecast depends on continued expansion of tokenised assets and the development of Aave’s institutional lending initiatives.<\/p>\n
Aave (CRYPTO:AAVE) could reach US$3,500 by the end of 2030, according to a new forecast from Standard Chartered, which said growth in decentralised finance could support higher demand for the lending protocol’s native token.<\/p>\n
The bank’s projection implies an increase from about US$70 when the research note was released and follows a period in which Aave’s deposits fell from US$44 billion to US$23 billion after an April liquidity shock linked to the KelpDAO exploit.<\/p>\n
\u201cAave Horizon is achievable but not yet proven,\u201d said Standard Chartered Global Head of Digital Assets Research Geoff Kendrick.<\/p>\n
Standard Chartered said Aave’s share of the lending market declined to 38% of deposits from an average of 59% before the incident, but noted that deposits have increased since reaching lows in June and highlighted a proposed risk framework from Aave founder Stani Kulechov.<\/p>\n
The bank expects Aave to benefit if tokenised assets deployed in decentralised finance grow 37-fold to US$2.7 trillion by 2030 as projected, and following the report Aave rose above US$77 before later trading above US$79.<\/p>\n
Aave operates a decentralised lending platform that allows users to borrow and lend digital assets without traditional financial intermediaries, generating revenue from the difference between borrowing and lending rates.<\/p>\n
Standard Chartered also published long-term price targets of US$500,000 for Bitcoin (CRYPTO:BTC) and US$40,000 for Ethereum (CRYPTO:ETH), while noting that future performance will depend on market conditions and broader adoption trends.<\/p>\n
At the time of reporting, Aave price was $79.94.<\/p>\n","protected":false},"excerpt":{"rendered":"Standard Chartered initiated coverage of Aave (CRYPTO:AAVE) with a price target of US$3,500 by the end of 2030.The…\n","protected":false},"author":2,"featured_media":69985,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21387],"tags":[32268,32267,16864,32269,20677],"class_list":["post-69984","post","type-post","status-publish","format-standard","has-post-thumbnail","category-standard-chartered","tag-32268","tag-aave-reaching-3","tag-decentralised-finance","tag-lending-protocols-native-token","tag-standard-chartered"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116808670421685050","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/69984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=69984"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/69984\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/69985"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=69984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=69984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=69984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}