Bullish predictions continue to emerge for AAVE, which made headlines in 2026 due to a hacking attack.
At this point, following Grayscale, British banking giant Standard Chartered also announced a strong bullish forecast for AAVE.
In its latest report, Standard Chartered predicted that the price of the crypto lending protocol Aave (AAVE) could reach $3,500 by 2030.
The bank states that it expects Aave to be a significant gainer, given the approximately 37-fold growth of the decentralized finance (DeFi) market and the rapid on-chain adoption of tokenized finance.
Geoff Kendrick, Standard Chartered’s global head of digital asset research, said, “Despite recent setbacks, we remain optimistic about the future of Aave, the largest lending protocol.”
The bank stated that Aave’s recent performance has been affected by the general decline in cryptocurrency prices and the hack targeting KelpDAO in April.
“We believe both of these negative factors will disappear. We foresee a significant increase in digital asset token prices by the end of the year, and we think Aave has put the impact of the April incident behind it.”
Besides Standard Chartered, Grayscale also issued a bullish forecast for AAVE. According to Grayscale, AAVE is undervalued and could rise to $175 within a year.
AAVE, which has risen 5.8% in the last 24 hours, is still trading at $76.4 at the time of writing.
*This is not investment advice.
