Aave could soar to $3,500 by 2030 on DeFi revival, says StanChart
CoinDesk 2026-06-24 12:48:10
Context: Geoff Kendrick, an analyst at Standard Chartered, has predicted that the cryptocurrency Aave could reach $3,500 by 2030 due to a revival in the decentralized finance (DeFi) sector. This forecast comes after Aave experienced a market disruption in April related to a cyberattack, which Kendrick believes the company has now moved past. The prediction is based on the expected growth in tokenized assets and the resurgence of DeFi.
Key Facts
- Geoff Kendrick, an analyst at Standard Chartered, predicts that Aave could reach $3,500 by 2030 due to a revival in the decentralized finance (DeFi) sector.
- Aave previously experienced a market disruption in April related to a cyberattack, but Kendrick believes the company has now moved past this event.
- Kendrick's prediction is based on the expected growth in tokenized assets and the resurgence of DeFi, which he thinks Aave is well positioned to benefit from.
- The forecast suggests a significant increase in Aave's value, implying a strong potential for growth in the coming years.
- Standard Chartered's optimistic prediction for Aave reflects the bank's positive outlook on the future of DeFi and its role in the broader cryptocurrency market.