Standard Chartered Bank has projected that Aave, the decentralized lending protocol, could see its price rise to $3,500 by the end of 2030, marking a 50-fold increase from its current value of approximately $70. Geoff Kendrick, Head of Digital Asset Research at the bank, highlighted Aave's recovery from the April 2026 KelpDAO rsETH bridge vulnerability incident, which had exposed the protocol to potential losses of up to $230 million. With assets returning to the platform, Aave's position in on-chain lending remains robust.
The bank's report anticipates that the value of tokenized assets used in DeFi applications will grow 37-fold by 2030, benefiting Aave's revenue model tied to lending activity. Key growth drivers include Aave's Horizon initiative, which facilitates tokenized real-world asset lending in permissioned environments, and the potential relaunch of its token buyback program. Kendrick also expects Aave to outperform major cryptocurrencies like Bitcoin and Ethereum over this period.
Standard Chartered Projects Aave to Reach $3,500 by 2030
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