Standard Chartered initiated coverage of Morpho with a $60 price target by the end of 2030, projecting about 33 times upside from current levels. The bank highlights Morpho's dual role as a DeFi lending protocol and infrastructure provider for onchain banks and asset managers, positioning it well to benefit from the expected 37-fold growth in DeFi assets. Morpho recently raised $175 million in venture funding, strengthening its balance sheet to scale with the expanding DeFi market. The firm's future growth depends on attracting institutional capital through its Vaults business, as tokenization of traditional assets accelerates.
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 ass...
Standard Chartered has endorsed Morpho as a key player in decentralized finance (DeFi) infrastructure, highlighting Morpho's Total Value Locked (TVL) surpassing $10 billion. This milestone positions Morpho as the second-largest DeFi lending protocol ...
ADI token surged 10.43% to $5.55 following protocol updates that improved user experience and security, making it the top gainer today. Other notable rises include Kaspa, Stable, Morpho, and Hyperliquid, driven by unique tech and market rotations. Co...
