Geoff Kendrick, Head of Digital Assets Research at Standard Chartered Bank, has initiated coverage of the DeFi lending protocol Aave for the first time, assigning the AAVE token a year-end 2030 price target of $3,500. The report states that Aave has largely moved past the impact of the KelpDAO-related incident in April this year and is poised to benefit from the recovery of DeFi and the growth of tokenized real-world assets (RWA). Kendrick predicts that by 2030, the scale of tokenized assets active in DeFi will grow approximately 37x, with Aave, as a leading on-chain lending platform, expected to continue benefiting. The report also mentions the restart of Aave's buyback program and the Horizon project, which focuses on institutional RWA lending, as potential growth catalysts. (CoinDesk) https://(wublock123.com)/news/standard-chartered-initiates-coverage-aave-aave-2030-year-end-3500-target-63408