• Standard Chartered initiated coverage of Aave (CRYPTO:AAVE) with a price target of US$3,500 by the end of 2030.
• The bank said Aave’s recovery from a recent liquidity decline and projected growth in decentralised finance support its outlook.
• The forecast depends on continued expansion of tokenised assets and the development of Aave’s institutional lending initiatives.

Aave (CRYPTO:AAVE) could reach US$3,500 by the end of 2030, according to a new forecast from Standard Chartered, which said growth in decentralised finance could support higher demand for the lending protocol’s native token.

The bank’s projection implies an increase from about US$70 when the research note was released and follows a period in which Aave’s deposits fell from…