Standard Chartered has initiated coverage on Avalanche (AVAX) with a bullish long-term outlook, forecasting a 10x price increase by 2029. The move follows growing momentum in the digital asset space as market participants begin reassessing winners in the wake of macroeconomic uncertainty and shifting technology fundamentals.
TL;DR WisdomTree expanded its platform to Arbitrum, Avalanche, Base, and Optimism, enabling investment in more tokenized assets. Investors can trade with US dollars or USDC and store their funds in third-party or self-custodial wallets. The offering includes 13 tokenized funds, covering money market, equity indexes, and fixed income with regulatory backing.
What if one of the largest banking groups bet on an outsider rather than the king of the market? In a report that shakes up certainties, Standard Chartered identifies Avalanche (AVAX) as the token to watch by 2029, with an expected performance surpassing that of bitcoin.
The firm also offers a broader selection of tokenized funds, including equity indexes and fixed income strategies.
The crypto market experienced a downturn over the past 24 hours, with the total market capitalization dropping by $64 billion to settle at $2.64 trillion at press time.
Global banking giant Standard Chartered published new five-year price projections for three leading cryptocurrencies: Avalanche (AVAX), Bitcoin (BTC), and Ethereum (ETH). According to these forecasts, Avalanche is poised to gain significant ground on both Bitcoin and Ethereum by 2029.
PayPal is accelerating into the crypto space by directly integrating Solana (SOL) and Chainlink (LINK) into its wallet. This new feature is currently reserved for American users and associated territories.
Watr, a blockchain infrastructure platform eyeing the $20 trillion global commodities industry, is set to tap into the blockchain features of the Avalanche network for traction.
Watr, a blockchain platform designed to bring commodities on-chain, has announced it would be partnering up with Avalanche (AVAX) and migrating to an Avalanche Layer 1 (L1) blockchain, as per the most recent info shared with Finbold on Thursday, April 3.
WisdomTree's giving institutions access to their tokenized funds across Arbitrum, Base, Avalanche, Ethereum and Optimism with its WisdomTree Connect, the team exclusively told Blockworks.
Standard Chartered has released a report predicting significant price increases for Avalanche's AVAX token, which could see a rise to $250 by the end of 2029.
PayPal has expanded its digital asset services by adding support for Solana (SOL) and Chainlink (LINK) for users in the United States and its territories. The post PayPal Adds Solana and Chainlink for U.S. Users in Expanded Crypto Offering appeared first on Cryptonews.
British multinational bank Standard Chartered says one particular altcoin could substantially outperform Bitcoin in the coming years. According to the bank's analysts, layer-1 blockchain Avalanche's utility token AVAX could jump more than 10X by the end of 2029.
TL;DR Expanded Crypto Offerings: PayPal now allows U.S. users to buy, sell, and hold Solana (SOL) and Chainlink (LINK) alongside its existing crypto options. Enhanced Blockchain Utility: SOL brings fast, cost-efficient transactions, while LINK's decentralized oracle network enables secure smart contract interactions.
PayPal has added support for Solana (SOL) and Chainlink (LINK) in the US, allowing users to buy, sell, and hold these assets directly.
PayPal users in the United States and U.S. territories can buy Solana and Chainlink directly on the platform for the first time.
This unique partnership is designed to bring the precision of Nasdaq's market data together with the decentralized power of Chainlink. It creates a transparent, trustworthy system for tokenized stock trading.
Nonco, an institutional digital asset trading firm, has launched its foreign exchange (FX) onchain initiative on the Avalanche network, aiming to bridge institutional FX liquidity with the stablecoin market.
Japan's second-largest bank, SMBC, is partnering with Ava Labs and Fireblocks to develop a stablecoin, leveraging blockchain technology for cross-border payments.
A whale's $2M LINK accumulation coincides with tightening price action and improving network health.
Standard Chartered thinks the price of Avalanche's AVAX token could dramatically increase over the next few years, outpacing Bitcoin's gains.
Chainlink is currently trading at a crucial demand zone after enduring heavy selling pressure throughout Q1 of this year. Like many altcoins, LINK has struggled to recover in the face of broader macroeconomic instability and a hostile market environment fueled by U.S. President Donald Trump's unpredictable policy decisions.
Standard Chartered's Geoffrey Kendrick said he likes Avalanche's approach to scaling, particularly after the recent Etna upgrade.
Japanese TradFi giant Sumitomo Mitsui Financial Group announced plans to launch a fiat-backed stablecoin on the Avalanche network in collaboration with US-based Ava Labs and blockchain infrastructure firm Fireblocks.
Avalanche (CRYPTO: AVAX) could deliver the strongest gains among major digital assets in the coming years, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. What Happened: In a research note, Kendrick said he expects AVAX to rise tenfold by the end of 2029, outperforming both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in relative price growth.
When it comes to crypto gaming, is there any point in taking on the risk that comes with building a “AAA” game — or should studios just focus on simpler mobile games with dynamic economies instead?
Bitcoin (BTC) bulls have pushed the price above the $87,000 level even as US trade tariffs are slated to kick in on April 2. Bitcoin may remain volatile in the near term, but analysts remain bullish for the long term.According to Fidelity analyst Zack Wainwright, Bitcoin is currently in an acceleration phase, which “can conclude with a sharp, dramatic rally” if history repeats itself.
Improved scalability should drive activity and value to the Avalanche network, said Geoff Kendrick.
TL;DR Sumitomo Mitsui Financial Group is collaborating with Ava Labs and FireBlocks to develop a stablecoin with blockchain infrastructure. The supply of stablecoins on Avalanche increased by 70% in one year, but the lack of DeFi usage prevented it from boosting AVAX demand.
Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore a framework for commercializing stablecoins in Japan.Under a Memorandum of Understanding, the companies will focus on developing strategies around issuing and circulating stablecoins pegged to the US dollar and Japanese yen, according to a joint announcement. Additionally, the collaboration will explore stablecoins as a settlement mechanism for tokenized real-world assets such as stocks, bonds, and real estate.
Payments giant PayPal has allegedly allowed its U.S. customers to access Solana (SOL) and Chainlink (LINK), according to several social media reports.
VanEck has filed for approval for a new spot exchange-traded fund (ETF) tracking the price of BNB, the native crypto of the Binance-linked BNB Chain.
Sumitomo is the latest example in a roster of firms eyeing the booming stablecoin market, which has grown 50% to around $230 billion in a year.
According to a report by Nikkei, SMFG, which operates Japan's second-largest bank, SMBC, is partnering with Ava Labs and Fireblocks to develop a new stablecoin. The stablecoin project aims to make cross-border payments faster and cheaper.
Over the course of the last year, the Avalanche (AVAX) network has experienced a growing wave of liquidity in the form of stablecoins, recording an increase of over 70%, rising from 1.5 billion to over 2.5 billion dollars in circulation as of March 31, 2025. This growth, highlighted in an official post on X by the Avalanche foundation, would seem, at first glance, a clear sign of increased investor confidence and imminent bull pressure on the market.
Avalanche price has dropped to a crucial support level and created an early bullish signal, pointing to a potential rebound.
Avalanche saw a significant surge in stablecoin supply over the past year, but the onchain deployment of this capital points to passive investor behavior, which may be limiting demand for the network's utility token.The stablecoin supply on the Avalanche network rose by over 70% over the past year, from $1.5 billion in March 2024, to over $2.5 billion as of March 31, 2025, according to Avalanche's X pos Market capitalization of stablecoins on Avalanche. Source: Avalanche Stablecoins are the main bridge between the fiat and crypto world and increasing stablecoin supply is often seen as a signal for incoming buying pressure and growing investor appetite.
MANTRA, a layer 1 blockchain for real world assets, has integrated blockchain analytics and crypto assets compliance firm Elliptic, a move that expands L1's reach to over 500 financial institutions. The platforms shared the news in an announcement on April 2.
Japan's Sumitomo Mitsui Banking Corporation (SMBC), the nation's second-largest bank, is set to explore the launch of its own stablecoin.
SMFG is preparing to launch a stablecoin in partnership with blockchain firm Ava Labs and crypto infrastructure provider Fireblocks. The post SMBC Parent Sumitomo Mitsui Plans Stablecoin Launch with Ava Labs and Fireblocks appeared first on Cryptonews.
Chainlink price had a journey of itself in the volatile market. The token is among the top cryptocurrencies, and its blockchain network is known for its global partnerships and collaboration, raising the token's demand.
The bank plans to start conducting experiments in the second half of this year for a potential stablecoin launch in 2026.
The Chainlink price has pulled back in the past few months even after the network's ecosystem continued to do well. LINK dropped to a low of $13 on Tuesday, down from the year-to-date high of $30. This article explains why the LINK price may stage a strong comeback in the long term.
TL;DR KOR Protocol will launch a blockchain on Avalanche to modernize the registration, management, and monetization of intellectual property. The infrastructure will allow creators to register their works on the blockchain, set permissions, and improve usage traceability.
Sumitomo Mitsui Financial Group, the parent company of Japan's second-largest bank, Sumitomo Mitsui Banking Corporation, plans to launch its own stablecoin.
Story Highlights The live price of the LINK token is . Chainlink price may reach a potential high of around $47 this year. The LINK price, with a potential surge, could hit $189 by 2030. With the broader market anticipating a bullish recovery, the DeFi segment stands on the verge of a bull run.
TL;DR Streamlined Cross-Chain Payments: Chainlink's new Payment Abstraction lets users pay with various tokens that automatically convert to LINK via CCIP, Automation, Price Feeds, and a DEX. Sustainable Fee Recapture: The system targets Smart Value Recapture (SVR) fees from DeFi apps—splitting the fees between the app and the blockchain—to support a robust, self-sustaining economic model.
Chainlink price has sold off over the past three months, leading to a $10 billion wipeout as its market cap fell from $18 billion to $8.8 billion. Chainlink (LINK) crashed to $13.