Cointime

Download App
iOS & Android

Standard Chartered Reports 100% Success Rate on Altcoin Recommendations This Year: UNI and AAVE Have Doubled, Focused on Three Core Themes

On September 30, Standard Chartered Bank released rating reports on multiple cryptocurrency altcoins since June this year, with most coins performing exceptionally well post-rating. Here’s a summary from BlockBeats: On June 16, Standard Chartered's research report first covered Uniswap, with Digital Asset Research Head Geoffrey Kendrick predicting that the UNI token could rise 40 times to $100 by the end of 2030, with a target price of $6.50 for 2026. As of the time of writing, UNI is priced at $8.85, reflecting an approximate 210% increase since the report, surpassing this year's target price. On June 23, Kendrick estimated that AAVE could rise to $3,500 by the end of 2030, a nearly 50-fold increase from around $70 at the time of the report. Kendrick anticipates that the value of tokenized assets actively used in DeFi applications will grow 37 times by the end of this decade. Given Aave's revenue model is closely tied to lending activities and deposits, Standard Chartered expects the protocol's growth to directly translate into an increase in AAVE tokens. As of the time of writing, AAVE is priced at $160, reflecting an approximate 122% increase since the report. On July 1, Standard Chartered rated Morpho for the first time, predicting that the project would primarily benefit from the tokenization of traditional financial assets entering DeFi, with token prices expected to rise 33 times to $60 by the end of 2030. As of the time of writing, Morpho is priced at $2.56, reflecting an approximate 34% increase since the report. On August 10, Standard Chartered covered Chainlink for the first time, predicting that its LINK token could rise 25 times from the current price of about $8 to $200 by the end of 2030. As of the time of writing, LINK is priced at $14.26, reflecting an approximate 74% increase since the report. On September 11, Standard Chartered covered the DeFi protocol Sky for the first time, setting a target price of $0.325 for the SKY token by the end of 2028. The bank expects that as the adoption rate of USDS and lending capabilities expand, the value delivered to SKY token holders will exceed five times the current value by 2028. As of the time of writing, SKY is priced at $0.0819, reflecting an approximate 38% increase since the report. On September 16, Standard Chartered's report first covered the ARB token, predicting it would rise from about $0.14 to $10 by the end of 2030, citing revenues from networks like Robinhood Chain. As of the time of writing, ARB is priced at $0.2040, reflecting an approximate 34% increase since the report. Today, Standard Chartered covered Ethena for the first time, giving a target price of $2 for 2028. Analysts noted that Ethena is positioned at the intersection of perpetual contracts, tokenization, and stablecoins, and ENA will benefit from growth in these areas and a newly launched buyback plan, stating that Ethena is currently the fourth-largest stablecoin issuer after Tether, Circle, and Sky. It is evident that Standard Chartered's valuation narrative is highly concentrated on three core themes: DeFi revenue, token buybacks, and RWA/stablecoin expansion, and investors can continue to follow this approach to identify quality investment targets in this round of cryptocurrency altcoins.

Comments

All Comments

Recommended for you

  • Putin States Negotiations with Ukraine Currently Impossible

    On October 10, Russian presidential aide Ushakov provided details about the phone call between the leaders of Russia and the United States. Ushakov stated that during the call, Putin elaborated on the measures Russia has taken in response to the terrorist attacks carried out by the Ukrainian armed forces. Putin indicated that Ukraine is attempting to undermine the Russian State Duma elections and is attacking civilians, which has compromised the possibility of immediately resuming negotiations. He also noted that Ukraine's attempts to hinder the advance of Russian troops have no prospects for success, as the Russian military currently holds complete initiative on the battlefield and is continuing to advance. Putin emphasized that due to Ukraine's stance, particularly its efforts to disrupt the Russian Duma elections, it is currently impossible to resume negotiations with Ukraine. Trump has instructed that the message conveyed by Putin during the call be communicated to the Ukrainian delegation. Ushakov mentioned that there has been no specific discussion yet regarding a potential bilateral meeting between Putin and Trump.
  • Telegram Renames Gram Wallet to Money and Launches for All Users

    On October 9, Telegram officially renamed its previously limited-access wallet service 'Gram wallet' to 'Money' and launched it to over one billion users across the platform. 'Money' is an integrated wallet for the Gram token, supporting storage, transfers, and purchases of platform gifts and collectible usernames. Additionally, the accompanying trading platform 'Walt' offers services for over 300 assets, including tokenized stocks, precious metals, perpetual contracts, and wealth management projects. Users can make instant transfers from 'Walt' to the 'Money' wallet without incurring network fees. The official statement also cautions that investing in crypto assets carries associated risks.
  • Blockchain.com Seeks Approval for Prediction Markets and Cryptocurrency Derivatives Trading

    On October 9, the crypto asset platform Blockchain.com submitted an application to the U.S. Commodity Futures Trading Commission (CFTC) seeking to obtain licenses for a designated contract market (DCM) and a futures commission merchant (FCM) to offer event contracts (prediction markets) and cryptocurrency derivatives trading services to U.S. users.
  • US May Seize Approximately $1 Billion in Cryptocurrency Related to Iran This Week

    U.S. Treasury Secretary Bencet stated at the NPolicy Summit held by Newsmax in Washington on Thursday that we may seize $1 billion in cryptocurrency this week, adding, "We know where it is, and we are isolating them." Bencet noted that the Trump administration's approach to Iran has shifted from 'maximum pressure' to 'absolute isolation,' with measures including maritime blockades, restrictions on air travel, and the cutting off of land routes. The UAE and Oman are cooperating with the U.S., which is also working with Pakistan and Turkey to cut off all land routes in and out of Iran.
  • Zcash Development Team Plans to Introduce Quantum-Resistant Signatures in January

    The development team of the privacy cryptocurrency Zcash (ZEC) plans to introduce post-quantum signature opcodes to the network in January next year, supporting hash-based signature technology to defend against potential quantum computing attacks. This solution primarily targets the transparent (public) payment pool, where approximately 70% of ZEC is currently stored. Although the developers have set January as the target deadline, the specific network activation time has not yet been finalized. This upgrade aims to prevent attackers from using existing public keys to reverse-engineer private keys and forge payment authorizations. Additionally, the Zcash node validator Zakura has launched a wallet tool based on Private Information Retrieval (PIR), allowing users to query balances across multiple addresses without revealing the correlation between those addresses to the server. Previously, Ethereum researcher Justin Drake warned that artificial intelligence could accelerate the cracking of traditional encryption algorithms and urged cryptocurrency holders to prepare for potential security threats.
  • BTC Surpasses $83,000

    Market data shows that BTC has surpassed $83,000, currently priced at $83,017.3, with a 24-hour increase of 0.66%. The market is highly volatile, so please ensure proper risk management.
  • Central Committee and State Council: Comprehensive Implementation of 'AI+' Initiative

    On October 9, the Central Committee of the Communist Party of China and the State Council issued the 'Opinions on Developing New Quality Productive Forces.' The opinions mention the comprehensive implementation of the 'AI+' initiative. This includes promoting the transformation of traditional industries through artificial intelligence, accelerating the development of new-generation intelligent terminal applications such as smart connected new energy vehicles, AI smartphones and computers, and humanoid robots. It aims to speed up innovation in digital intelligence technologies like artificial intelligence, break through foundational theories and core technologies, and strengthen the efficient supply of computing power, algorithms, and data. The strategy involves tailored approaches based on local conditions and industry-specific policies to layout national pilot bases for AI industry applications and high-value application scenarios, vigorously promoting the application of AI across various sectors. Additionally, it emphasizes the establishment of a technology monitoring, risk warning, and emergency response system to ensure that artificial intelligence is safe, reliable, and controllable.
  • U.S. Government-Related Wallet Deposits 17,733 BTC and 750 WBTC to Coinbase Prime

    On October 9, according to monitoring by Lookonchain, wallets associated with the U.S. government have deposited 17,733 BTC (worth $1.48 billion) and 750 WBTC (worth $62 million) into Coinbase Prime over the past three days. According to tagging data from Arkham, these wallets currently hold cryptocurrency assets valued at $25.4 billion, with Bitcoin alone valued at $25.3 billion.
  • ETH Falls Below $2500

    Market data shows that ETH has fallen below $2500, currently priced at $2499.87, with a 24-hour decline of 2.55%. The market is experiencing significant volatility, so please ensure proper risk management.