Standard Chartered Sets AAVE Target at $3,500 by 2030, Implying 50x Gains From $70

AAVE8.40%
Standard Chartered initiated coverage of Aave on Wednesday with a US$3,500 price target for AAVE by end of 2030, representing roughly 50 times the token's current level near US$70. Analyst Geoff Kendrick, the bank's head of digital assets research, projected AAVE reaching US$180 by year-end 2026, followed by US$600, US$1,200, and US$2,200 over the subsequent three years. Kendrick tied the forecast to an anticipated 37-fold increase in tokenised assets used in DeFi, which he estimated would grow to US$2.7 trillion by 2030, positioning Aave's fee-generating model to benefit from rising on-chain deposits and borrowing demand.
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