Avalanche (AVAX) To Outpace Both Bitcoin and Ethereum By End of 2029, Standard Chartered Predicts After Initiating Coverage

Avalanche (AVAX) To Outpace Both Bitcoin and Ethereum By End of 2029, Standard Chartered Predicts After Initiating Coverage

Improved scalability should drive activity and value to the Avalanche network, said Geoff Kendrick.

StanChart predicts AVAX will 10x by 2029 to outperform Bitcoin, Ethereum

Standard Chartered has initiated coverage on Avalanche (AVAX) with a bullish long-term outlook, forecasting a 10x price increase by 2029. The move follows growing momentum in the digital asset space as market participants begin reassessing winners in the wake of macroeconomic uncertainty and shifting technology fundamentals. In a note shared with CryptoSlate on April 2,…

What if one of the largest banking groups was relying on an outsider rather than on the king of the market? In a report that upsets certainties, Standard Chartered identifies Avalanche (AVAX) as the token to be monitored by 2029, with an expected performance higher than that of the bitcoin. This bold bet of a major financial institution illustrates a new reading of the crypto landscape, where modular and corporate-oriented blockchains take prece…

It's a cryptocurrency compatible with the Ethereum Virtual Machine that offers fast and cheap transactions. Read more

Avalanche To Soar 1,200% And Outperform Bitcoin By 2029: Standard Chartered

Global banking giant Standard Chartered published new five-year price projections for three leading cryptocurrencies: Avalanche (AVAX), Bitcoin (BTC), and Ethereum (ETH). According to these forecasts, Avalanche is poised to gain significant ground on both Bitcoin and Ethereum by 2029. Ryan Rasmussen, Head of Research at Bitwise, drew attention to these ambitious targets via X. “Global banking giant Standard Chartered just published 5yr price tar…

Standard Chartered Believes Avalanche’s AVAX Is Well-Positioned For Massive Rally To $250 By 2029

British multinational bank Standard Chartered says one particular altcoin could substantially outperform Bitcoin in the coming years. According to the bank’s analysts, layer-1 blockchain Avalanche’s utility token AVAX could jump more than 10X by the end of 2029. AVAX Will Skyrocket And Outpace Bitcoin, Ether  AVAX could hit $250 by the end of the decade — representing a 1,324% spike as of press time — according to a Wednesday report from Standar…