New altcoin pump logic: Standard Chartered calls, market follows.

BlockBeats news, since June, two research reports from Standard Chartered have triggered brief FOMO for altcoins UNI and AAVE.

On the 16th, Standard Chartered's research report covered Uniswap for the first time and predicted that its UNI token could rise from its current price of about $2.70 to $100 by the end of 2030, a 40x increase. Affected by this, UNI surged over 20% in a single day. Although the coin's price later pulled back, it was still about 10% higher than when the report was released.

A week later, Standard Chartered again pumped another DeFi token, AAVE. Its Head of Digital Assets Research, Geoff Kendrick, predicted that AAVE could rise to $3,500 by the end of 2030, roughly a 50x increase from its current level of about $70. Since the announcement, AAVE has risen by over 10% at its peak.

BlockBeats believes that "Standard Chartered calls the shots, the market carries the sedan chair" marks a new phase where the altcoin cycle may shift to "institutional narrative-driven speculation." In the future, research reports like Standard Chartered's could become one of the key catalysts for the DeFi sector. The short-term price pump is essentially narrative-driven capital carrying the sedan chair, rather than an immediate fundamental improvement. What truly wins in the long run still depends on the protocol's actual revenue and value capture capability.