Standard Chartered, a multinational bank of British origin, estimates that Avalanche, the native cryptocurrency for same-sex networks, could experience more than 1,000% growth over the next few years.
According to this projection, The price will be $250 from the current $17 by the end of 2029.
Compatible with Ethereum Virtual Machine (EVM), this cryptocurrency stands out for its quick and low-cost transactions. But his path to that goal is full of questions.
Prediction in the middle of the tariff storm
The estimates are in the economic context characterized by transformation. US President Donald Trump yesterday announced a regime of mutual tariffs that will change the world’s panorama, as reported by encryption.
The US will charge import fees from countries that tax US products, establishing a minimum 10% tariff on all exporters; Additional fees for partners such as China, Japan, and the European Union.
In this scenario, Geoffrey Kendrick, Global Digital Asset Research Director at Standard Chartered, sees the opportunity. “The positive aspect of tariff noise is that it gives you the opportunity to readjust the next increase in digital assets and choose the winner,” he said.
Kendrick is clear about his favorites. “I think Avalanche will be another winner. Probably the winner of a network compatible with Ethereum virtual machine.” That optimism is based on the network scaling approach enhanced by the Etna update, also known as the Avalanche 9000, which was activated in December 2024.
This improvement Trying to optimize the sovereignty and flexibility of layer networks1 (L1) Avalanches, previously known as subnets, make them cheaper and compatible with Ethereum networks.
Etna: The impulse behind prediction
According to Kendrick, the Etna update marks an avalanche tipping point. “These subnets, now known as L1, no longer have to stop with a lot of avax, and have reduced configuration costs by up to $450,000 by nearly zero,” he explained.
This change adds to the flexibility it brings to the network and strengthens the vision of experts. In fact, Avax predicts it will reach $55 by the end of 2025, $100 in 2026 and $150 in 2027.It exceeded the historic maximum of $146 in 2021, $200 in 2028 and ultimately $250 in 2029.
Additionally, Kendrick argues that Avax can overcome Bitcoin (BTC) and Ethher (ETH) in terms of relative profit. “We’ve observed that avalanches are extremely unstable. Its three months of historical volatility is nearly 100, about twice as volatile as Bitcoin,” he said.
However, this trait does not seem to discourage bets. On the contrary, another factor stands out. The network has achieved its status in real world asset tokens (RWAs).. A recent example is the incorporation of an avalanche by Buidl, a tokenized black rock fund worth $19 billion, which could attract more similar projects.
It contrasts with Avax’s current reality
Despite the enthusiasm of Standard Chartered, Avax’s present is far from reflecting its promising future. After a 60% decline in the first quarter of 2025, the current price is $17When he quoted $45 at the beginning of the year, according to TrainingView.
Cryptocurrency is under 87% compared to the $146 that reached the previous $146 reached in 2021. This collapse is not an isolated case in the Altcoins marketdepreciation is a recurring trend.
Why do altcoins fight to stay?
This dynamic explains several factors. Thousands of cryptocurrencies compete for attention and investment, but many are forgotten and unable to differentiate themselves from already established cryptoactives, such as Bitcoin and Ether. In the following image, you can see cryptocurrency at coinmarketcap 10 years ago. Many of these altcoins seen in the top 20 “” have died. In other words, it was forgotten by investors.
Furthermore, unlike Bitcoin, where the maximum supply of 21 million currencies is fixed, many altcoins lack clear restrictions, or They dilute their value and release new units at high speed when demand is not accompanied.
Projects with ambitious commitments such as intelligent contracts and scalability solutions; They often do not develop solid ecosystems or achieve important adoption.
The cryptocurrency market is also highly correlated with Bitcoin. Once this falls, Altcoins often register even more prominent casualties as they either evacuate to assets that are perceived as safer within sectors such as BTC or abandon the market altogether.
Examples of Terra (Luna) that collapsed in 2022, or ICOs from 2017 to 2018 It shows the number of projects that have not survived in the long term due to poor managementPhalos is technically making the foundation shortage.
Cases like EOS, Ripple’s XRP, which attempted to re-embed his projects with a rebrand impacted by legal issues, show Altcoins’ difficulties in meeting expectations.
Even Dogecoin (Doge) Memecoin, the often-moving prices in response to what businessman Elon Musk does reflect how the initial hype doesn’t always translate into lasting value.
With exceptions such as ETH and BNB, the world’s largest exchange native cryptocurrency, Most of these coins do not maintain long-term prices.
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