Report: Standard Chartered Bank's latest research report predicts that Avalanche (AVAX) token price is expected to reach $250 by 2029, which is over 10 times higher than the current $20 level. The bank noted that the Etna upgrade completed by the end of 2024 significantly reduces development costs, driving a 40% increase in developer numbers and attracting BlackRock's $1.9 billion tokenized fund BUIDL to the network. Analyst Geoffrey Kendrick anticipates AVAX will rise year by year: $55 in 2025, $100 in 2026, and $150 in 2027 (a historical high). The Avalanche Foundation simultaneously launched a $55 million incentive program focusing on supporting developers and AI projects. The report also warns that AVAX's volatility is twice that of Bitcoin, so investment should be approached with caution.