AVAX Soars as Analysts Predict Double-Digit Growth

Analysts at Standard Chartered are predicting a significant surge in the price of Avalanche (AVAX) due to its innovative scaling technology and growing institutional interest. Despite recent price drops, analysts anticipate AVAX reaching nearly ten times its current value within the next few years. The report highlights the network’s subnet scaling method and the recent Etna upgrade as key drivers for this optimistic outlook.