AVAX to Soar 10x? Bank Predicts Wild Ride 🚀💸

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  • In the land of cryptos, AVAX lingers in its accumulation zone, while Standard Chartered dreams of $250 by 2029.
  • Ethereum stumbles as Layer 2s play musical chairs with its value; AVAX’s growth just keeps on truckin’.

Oh, Geoffrey Kendrick of Standard Chartered fame has his eyes on the shiny coins, naming Bitcoin and Avalanche as the darlings of the next market dance. Ethereum? Left out to dry, it seems.

Kendrick whispers sweet nothings about AVAX multiplying like bunnies, reaching $250 by 2029, all thanks to a growing fan club and some nifty tech upgrades.

He paints a rosy picture: $55 by 2025, $100 by 2026, $150 by 2027, $200 by 2028, and a grand $250 to ring in 2030.

With AVAX currently lounging around $20, that’s a juicy 1,200% spike. Jackpot or just wishful thinking? 🤔

AVAX Chart: A Tell-Tale Sign?

The AVAX/USDT chart is a curious thing, waltzing between $15 and $20 as if it’s got all the time in the world.

This dance floor has been steady for months, and history suggests a break out could lead to a real hoedown.

If the stars align, the price may prance up to the $38 resistance zone before moseying on to $55 by year’s end.

The chart’s got a story to tell, and if AVAX plays its cards right, it could be a real page-turner.

With accumulation in its pocket and big-shot forecasts in its corner, AVAX might just be the dark horse in this crypto race.

Avalanche’s Network: A Growth Spurt?

Avalanche’s network is growing like a weed. By 2025, it’s set to handle over 4 million transactions a day and a monthly volume that would make your head spin—three times the 2024 average.

This growth spurt is all thanks to the Etna upgrade, which has made launching subnets cheaper than a cup of coffee. And would you believe it? A quarter of all AVAX subnets are now Etna-powered, drawing in devs and users like bees to honey.

As the network buzzes with activity, its value climbs, setting the stage for a potential price explosion. 🎉

Ethereum: Left in the Dust?

While Bitcoin and AVAX are flexing their muscles, Ethereum seems to be losing steam. Kendrick has downgraded his ETH forecast to a mere $4,000 by 2025, a far cry from his initial $10,000 dream.

Layer 2 chains are playing a sneaky game, draining Ethereum’s value like a leaky bucket—$50 billion worth of market cap, poof!

Ethereum’s been playing second fiddle to Bitcoin for a while now, and the ETH/BTC chart is a sad, downward spiral. No sign of a comeback yet, which makes Kendrick’s caution look pretty smart.

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2025-04-04 16:11