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Avalanche’s AVAX Predicted to Surge Tenfold by 2029, Says Standard Chartered

  • Standard Chartered predicts that Avalanche's cryptocurrency AVAX will surge tenfold by 2029.
  • Avalanche is seen as a potential leader among Ethereum-compatible chains, particularly after its recent upgrades.
  • The recent Etna upgrade significantly reduces the cost and complexity of launching subnets.
  • Standard Chartered also highlights the importance of attracting new applications to Avalanche rather than relying on porting existing ones.

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