Standard Chartered Predicts Aave Could See 50x Upside by 2030

PANews, June 24 – Standard Chartered has initiated coverage on the decentralized lending protocol Aave, setting a price target of $3,500 for the AAVE token by the end of 2030, representing an approximately 50x upside from the current price of around $70, according to The Block. The report notes that Aave’s revenue is linearly correlated with deposit size. Following the KelpDAO exploit, Aave’s deposits fell from $44 billion to $23 billion, and loans dropped from $18 billion to $9.5 billion, levels now viewed as a “bottom.” The bank forecasts that total active assets in DeFi will grow to approximately $2.7 trillion by 2030, a 37x increase from current levels, primarily driven by stablecoins and the on-chain migration of real-world assets (RWA). It also highlights the long-term growth potential from Aave Horizon’s permissioned RWA lending market and the full capture of GHO stablecoin fees by the protocol.
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