Standard Chartered's Kendrick sets 2030 targets for Aave, Morpho, Uniswap, Arbitrum
Standard Chartered's Geoffrey Kendrick told Milk Road Crypto that Aave could reach $3,500 and Morpho $60 by 2030, and named Uniswap and Arbitrum alongside them, as Crypto News reported.
Why it matters
A bank analyst publishing2030 targets attaches Standard Chartered's name to long-dated DeFi forecasts, and he admits his main mechanism rests on one data point. Only Crypto News has carried the remarks, so nothing outside that outlet confirms the figures, and the bank's earlier Uniswap target and Kendrick's view that it is too low sit unreconciled. The timing also lands while Aave is still absorbing an April exploit.
Key facts
Geoffrey Kendrick of Standard Chartered named $UNI, $MORPHO, $AAVE and $ARB as four altcoins he expects to benefit from traditional finance moving onto blockchain networks.
Reported by Crypto News (CryptoNews.net)
Kendrick set a $3,500 target for Aave by the end of 2030 and called Aave a leader in on-chain banking.
3,500 USDReported by Crypto News (CryptoNews.net)
Kendrick set a $60 target for Morpho, a venue he expects to win on-chain asset management over the medium term.
60 USDReported by Crypto News (CryptoNews.net)
Standard Chartered had previously forecast $4 trillion of on-chain tokenized assets by the end of 2028, with $2 trillion from stablecoins and $2 trillion from real-world assets.
4,000,000,000,000 USDReported by Crypto News (CryptoNews.net)
Aave was hit indirectly by a roughly $300 million exploit linked to Kelp in April.
300,000,000 USDReported by Crypto News (CryptoNews.net)
The Aave community raised about $300 million, mostly in ETH, the founder tightened risk settings and liquidity returned within weeks.
300,000,000 USDReported by Crypto News (CryptoNews.net)
Kendrick's Uniswap case rests on a fee switch that sends trading fees to token buybacks and burns, and he admitted the burn argument rests on 'literally one data point'.
Reported by Crypto News (CryptoNews.net)
What happened
Crypto News reported that Standard Chartered's Geoffrey Kendrick, speaking to Milk Road Crypto, named $UNI, $MORPHO, $AAVE and $ARB as four tokens he expects to benefit as traditional finance moves onto blockchain networks, and said he treats tokenization as permanent rather than temporary. He put a $3,500 target on Aave by the end of 2030 and $60 on Morpho, told Crypto News that Arbitrum is his biggest call at $10 by 2030, and said the bank's earlier $100 target for Uniswap may itself prove too low, resting that case on a fee switch that routes trading fees into token buybacks and burns. Crypto News also carried a prior Standard Chartered forecast of $4 trillion in on-chain tokenized assets by the end of 2028, split between $2 trillion of stablecoins and $2 trillion of real-world assets. Kendrick described Aave as the leader in on-chain banking and said its roughly $300 million April exploit linked to Kelp did not break the case, since about $300 million was raised, mostly in ETH, risk settings were tightened and liquidity returned within weeks, while he said Morpho works more as a venue for asset managers and holds far more venture-fund supply than Aave. He conceded the Uniswap burn argument rests on 'literally one data point', and both write-ups come from the same outlet, so none of the targets has independent confirmation. Standard Chartered's standing analysis and Kendrick's remarks are not reconciled on the Uniswap figure, and neither account explains what would have to happen for the 2030 levels to arrive.
How the story developed
- First report
First report by Crypto News (CryptoNews.net)
Best Altcoins To Buy And Hold Till 2030: Standard Chartered’s Geoffrey Kendrick Names Top 4
- Update
Crypto News publishes Kendrick's four targets and Uniswap fee-switch argument
The original write-up covers the $3,500 Aave target, the $60 Morpho target, the $10 Arbitrum target and the Aave April exploit response.
- Update
Aave hit by roughly $300 million exploit linked to Kelp
About $300 million was raised, mostly in ETH, and liquidity returned within weeks.
- Update
Uniswap fee switch begins routing trading fees to buybacks and burns
Kendrick said activity from Robinhood Chain pushed the burn sharply higher over the summer.
- Update
Same outlet adds the bank's tokenization forecast and standing Uniswap target
The later piece adds the $4 trillion on-chain tokenization forecast for end-2028 and the bank's earlier $100 Uniswap target; no independent outlet confirmed the remarks.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 4 Oct 2026, 15:39 UTC: Crypto News (CryptoNews.net) — 1 independent source, 1 reports
- 5 Oct 2026, 13:31 UTC: Crypto News (CryptoNews.net) — 2 independent sources, 2 reports
Affected entities
Also mentioned: Solana, Avalanche
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Crypto News (CryptoNews.net) Aggregator | Best Altcoins To Buy And Hold Till 2030: Standard Chartered’s Geoffrey Kendrick Names Top 4 | Original | |
| Crypto News (CryptoNews.net) Aggregator | Standard Chartered Draws Attention to Four Altcoins! Price Targets Revealed! Here Are the Details | Syndicated |
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