Standard Chartered Forecasts $250 AVAX by 2029: Avalanche’s Potential Soars

Standard Chartered Bank has released a bullish prediction on the future of Avalanche’s native token, AVAX, forecasting it to reach $250 by the end of 2029. This potential surge is attributed to Avalanche’s unique scaling approach and its market positioning. Analyst Geoff Kendrick notes that Avalanche’s small market cap means incremental advancements can have a significant impact on price growth.