Aave crypto was trading near $70 when Standard Chartered’s head of digital assets research, Geoff Kendrick, initiated coverage on June 25, 2026, with an end-of-2030 price target of $3,500.
The leading DeFi protocol token is up around 25% since that day last week, trading at $92 and up +4.2% on the day, one of the few major cap coins in the green on this Monday.
This would mark a roughly 50x return that Kendrick stated would outperform both Bitcoin and Ethereum over the same horizon. AAVE rose approximately 15% on the day the note was published, according to Binance Square coverage of the initiation.
This is not simply a bullish price call. It is a structural argument that decentralized finance (DeFi) lending is entering a phase in which institutional capital flows and tokenized real-world assets (RWA) converge on protocols that already control the majority of on-chain credit.
🔴 Standard Chartered targets Aave at $3,500 by 2030, implying 50x gain
Geoff Kendrick, head
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