daihan

Standard Chartered just set a target of $3,500 for AAVE by 2030 — that's 50 times its current price. The market reacted immediately: AAVE jumped 15% in 24 hours, a rare breakout after months of stagnation.

Key points from Geoff Kendrick: Aave is expected to regain market share in the DeFi lending sector as this market expands 37 times by 2030. Sounds grand, but the reality tells a different story. The protocol has just lost over half of its deposits after the KelpDAO exploit, with market share dropping from 59% to 38%. This target heavily relies on Aave Horizon — a product aimed at bringing financial institutions on-chain — which remains unproven.

AAVE's historical ATH is only $661, meaning to hit $3,500, the token needs to increase 5 times from its previous peak. Such a leap requires more than just expectations.

To me, this signals that DeFi is still on the radar of major institutions. But there's always a vast gap between prediction and execution. Consider this an intriguing prospect, but don't let it turn into FOMO. Be aware of the risks and do your own research.

#AAVE #DeFi #PhanTich #DaiHan #RuiRo