MarketPR
Standard Chartered has published a price target of $60 for Morpho's native token by 2030, projecting the decentralized lending protocol will outperform both bitcoin ($BTC) and ether ($ETH) over that horizon.
The bank cited three drivers: growth in Morpho's vault system, adoption by traditional financial institutions, and a projected 37-fold expansion of the decentralized finance sector.
What Standard Chartered Is Forecasting The bank's stated position — "We are bullish on Morpho" — is the more consequential data point than the price figure itself.
A major global institution publicly naming a DeFi lending token in a multi-year call is a different kind of event than a crypto-native fund doing the same.
Keep reading