Standard Chartered Picks Four Altcoins for Long-Term Growth

Standard Chartered’s head of digital assets research, Geoffrey Kendrick, believes that tokenization is now “100% locked in” as traditional finance shifts on-chain. He identifies four altcoins poised to capture significant investment: Uniswap (UNI), Aave (AAVE), Morpho (MORPHO), and Arbitrum (ARB).

Kendrick predicts Uniswap could reach $100 by 2030, though he admits this target may be too low. His optimism is fueled by Uniswap’s fee switch, which buys back and burns tokens using trading fees. Robinhood Chain’s activity has accelerated this burn rate. He also notes Uniswap’s strong competitive advantage, as rivals like Aerodrome struggled to retain users after stopping incentives.

Aave is expected to hit $3,500 by 2030, even after a $300 million hack in April. Kendrick praises the platform’s resilience, highlighting how the community raised funds to cover losses and tightened risk settings. He describes Aave as the leader in “on-chain banking,” noting it would have ranked as the 35th largest U.S. bank at its peak.

Morpho, with a $60 target, differs from Aave by functioning as a platform for asset managers rather than a traditional bank. Kendrick sees both as viable but distinct players in the on-chain financial space. Morpho’s token is less volatile due to its holding by venture funds, making it less influenced by retail trading.

Kendrick’s boldest prediction is for Arbitrum, aiming for $10 by 2030. He points to Arbitrum’s revenue boost from Robinhood Chain, which contributed 10% of net revenue, lifting monthly earnings to $4 million to $5 million in September. If more firms adopt Robinhood’s model, Arbitrum’s revenue could surge to $40 million to $50 million monthly within two years.