Standard Chartered projects that Avalanche's AVAX token could see a dramatic increase in value, potentially reaching $250 by the end of 2029, which equates to a 1,326% rise from its current price of $18. The bank anticipates Bitcoin will increase by approximately 500% to $500,000 in the same period. The report highlights Avalanche's innovative approach with dedicated layer-1 networks, contributing to its growth in developer attraction and user engagement. This corresponds with a small market cap that allows for significant impacts from incremental developments. As competition in the decentralized finance sector intensifies, continued progress in Avalanche's technology is expected to drive both usage and the price of AVAX higher. Furthermore, the filing for an Avalanche-related ETF by Grayscale suggests institutional interest could further support the token's value. In summary, Avalanche may significantly outperform Bitcoin due to its unique network capabilities and continuous development momentum.

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