Avalanche $18.07 (AVAX), despite the latest price decrease, a new analysis prepared by Standard Chartered was among the crypto currencies that could provide significant value increase in the coming years. Geoff Kendrick, one of the expert analysts of the bank, predicts that Avax can reach about ten times the current price. As the main reason for this prediction, the innovative subnet scaling method developed by the Avalanche network and the Etna update, which was recently performed.
High Price Expectations for AVAX
Standard Chartered’s analysis will rise to US dollars by the end of 2025 by the end of 2025, the long term in the end of 2029 at the end of the US dollar band said. The analysis emphasizes that Avalanche will gain competitive advantage in the sector by increasing its scalability thanks to Subnet scaling technology. In particular, the Etna update has increased the charm of the platform by reducing the costs of developer.
Currently, AVAX follows an 8 percent per day and 18 percent per week, and follows a cruise that surprises investors. However, long -term expectations suggest that the current decrease is temporary. Analysts underline that the wavy structure of the market should be carefully monitored by investors.
On the radar of corporate investors
Increasing the interest of corporate investor against AVAX is another factor that increases the possibility of the project gaining value according to the analysis. The US -based giant asset management company Vaneck’s application for Avalanche -oriented funds is considered an important sign of confidence in the market. Such corporate moves are expected to strengthen the investor confidence in the crypto money market.
Ethereum $1,793.26 It is noteworthy that some developers who escaped from the high trading costs in the network are also turning to AVAX. Avalanche’s compatibility and more appropriate trading fees are among the main reasons for this preference. However, according to some experts, the transaction fees in the AVAX network remain slightly higher than other alternatives.
Critical points for investors
Standard Chartered’s report recommends that AVAX investors closely follow technological updates and market developments closely. Among the elements that will determine the future success of the project, infrastructure innovations, corporate support and market fluctuations closely. It is stated that it is important to consider these factors in investment decisions.
Avalanche (AVAX) price has a serious rise potential in the coming years. Corporate investor interest and technological innovations are among the main factors that support this rise. Experts recommend investors to closely monitor AVAX developments.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.