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Morpho token jumps 5.5% as Standard Chartered predicts 33x gain by 2030

Analyst Insights
01 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Morpho (MORPHO) surged over 5.5% after Standard Chartered initiated coverage with a $60 price target by 2030, forecasting a 33-fold return. The bank highlights Morpho's strong position in decentralized lending and tokenized finance, expecting its assets to grow alongside a booming DeFi market. Morpho recently raised $175 million in funding, supported by major investors, and ranks as the second-largest DeFi lending protocol with $6.5 billion in total value locked. This outlook aligns with Standard Chartered's positive view on DeFi growth and tokenized real-world assets.

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