Avalanche (CRYPTO: AVAX) could deliver the strongest gains among major digital assets in the coming years, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered.
What Happened: In a research note, Kendrick said he expects AVAX to rise tenfold by the end of 2029, outperforming both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in relative price growth.
“We see AVAX increasing 10x by end-2029, outpacing both BTC and ETH gains,” Kendrick wrote, citing Avalanche’s improved scalability following its recent Etna upgrade.
The price target outlined in the bank’s forecast places AVAX at approximately $250 by the close of …
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