Standard Chartered Predicts Morpho to Hit US$60 by 2030, Eyes 13% Gain in 24 Hours

According to Standard Chartered, on Wednesday the bank initiated coverage of Morpho and projected the token to reach US$60 by end of 2030, up from approximately US$3.50 in 2026. Global head of digital assets research Geoff Kendrick mapped a multi-year trajectory through US$40 by 2029. The forecast was supported by the protocol's recent US$175 million venture funding round and expectations for 37-fold growth in total DeFi assets by 2030.

Morpho's token reacted sharply, rising more than 13 percent within 24 hours of the report's release.