Standard Chartered Bank: bullish on AVAX, with a target price of US$250 in 2029 "
According to online reports, Standard Chartered Bank's latest research report predicts that the Avalanche (AVAX) token price is expected to reach US$250 in 2029, an increase of more than 10 times compared with the current US$20 level. The bank pointed out that the Etna upgrade completed at the end of 2024 significantly reduced development costs, boosted the number of developers by 40%, and attracted institutions such as BlackRock to introduce the US$1.9 billion tokenized fund BUIDL to the network. Analyst Geoffrey Kendrick expects AVAX to climb year by year: $55 in 2025,$100 in 2026, and $150 in 2027 (a record high). The Avalanche Foundation has simultaneously launched a $55 million incentive plan, focusing on supporting developers and AI projects. The report also reminds that AVAX's volatility is twice as high as Bitcoin, and investment needs to be cautious.
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