Four altcoins selected by Standard Chartered Bank: What are the goals?

Head of Digital Asset Research, Standard Chartered Bank: Tokenization will reshape traditional finance before 2030, and four potential currencies are worth paying attention to

Geoffrey Kendrick, head of digital asset research at Standard Chartered Bank, pointed out that Tokenization is occupying an increasingly important position in the traditional financial world and predicts that it will experience explosive growth before 2030. Kendrick specifically listed four underlying cryptocurrencies that he believes have significant potential: Uniswap, Aave (AAVE), Morpho and Arbitrum (ARB). This industry expert specifically proposed long-term price targets for UNI, AAVE and ARB, which attracted widespread attention from crypto investors.

Uniswap (UNI): The target price of $100 may remain conservative

Kendrick previously set the year-end target price of $6.50 for Uniswap (UNI). As UNI prices break the $9 mark, Kendrick believes that even his $100 target price for 2030 may look low in the future. The core driver of this optimistic outlook lies in Uniswap's fee mechanism: transaction fees are used to repurchase and destroy UNI tokens, thereby having a tightening effect on the circulating supply in the long run. In addition, the increase in Robinhood Chain-related activities has also accelerated the token destruction process.

Although Kendrick emphasized Uniswap's strong market position relative to competitors, he also admitted that expectations about the future impact of token destruction are still based on limited historical data.

Aave (AAVE): Leading chain banks with a price target of up to US$3,500

One of Kendrick's most eye-catching predictions is for Aave (AAVE). Standard Chartered executives predict that AAVE prices are expected to reach US$3,500 by 2030. He sees Aave as one of the leading projects in the field of "chain banking".

Although the Aave ecosystem was indirectly damaged in April by an approximately $300 million Kelp-related vulnerability, the agreement's rapid and effective response strengthened Kendrick's confidence in the project. Community fundraising, tightening risk parameters and rapid recovery of liquidity within weeks are all seen as positive signals of project resilience. Previously, Kendrick had given AAVE a target price of US$180 at the end of the year, and this forecast was considered quite accurate when the token price hovered around US$170. However, he believes that in the long run, AAVE's potential goes far beyond that.

Morpho (MORPHO): It is not a direct competitor of Aave, but a complement

Morpho (MORPHO) is also one of the currencies Kendrick placed on the 2030 watch list, for which he has set a long-term price target of US$60. It is worth noting that Kendrick advocates that Morpho should not be regarded as a direct competitor of Aave, but that the differentiated positioning of the two should be seen.

据Kendrick分析，Aave类似于传统银行模式，提供存款和借贷服务；而Morpho则通过其Vault产品，专注于为资产管理人提供平台服务。因此，他认为两者可以在同一市场中各自成功。此外，由于Morpho代币的大量供应掌握在风投基金手中，相比AAVE，其流动性和波动性较低。Kendrick预计，在中期内，Morpho将在链上资产管理领域确立强大的市场地位。

Arbitrum (ARB)：最具雄心的预测，目标价10美元

列表中最具野心的预测来自Arbitrum (ARB)，其2030年目标价设定为10美元。在目标公布时，这一价格约为当时ARB价格的70倍，随后ARB价格上涨了超过60%。Arbitrum的增长故事与Robinhood Chain密切相关：作为交换技术的支持，Robinhood Chain将其净收入的10%支付给Arbitrum。据报道，这一合作使Arbitrum的月收入从1月份的大约100万美元提升至9月份的400万至500万美元。

Kendrick推测，如果有四到五家公司采用类似的合作模式，Arbitrum的月收入在未来两年内有望达到4,000万至5,000万美元。他还指出，相较于以太坊、Solana和Avalanche等Layer-1网络，Arbitrum目前的估值倍数低了约30倍，显示出巨大的价值重估空间。

总结与展望

Standard Chartered executives base their predictions on the assumption that the decentralized finance (DeFi) and Ethereum ecosystem will further integrate with traditional finance in the coming years. The 2030 target price of US$100 for UNI, US$3,500 for AAVE, US$60 for MORPHO and US$10 for ARB undoubtedly points to extremely challenging levels.

Investors need to keep in mind that these are only long-term forecasts and their realization will depend on several key factors, including the popularity of tokenization, growth in agreement revenue, changes in regulatory policies, and the performance of the overall cryptocurrency market.