Geoff Kendrick: Avalanche to $250 by Dec 31, 2029
+1,449% from $16.14

Global Head of Digital Assets Research, Standard Chartered
Global Head of Digital Assets Research, Standard Chartered
Geoff Kendrick is global head of digital assets research at Standard Chartered. He joined the bank in 2016 as an emerging-markets FX and global macro strategist, and led its crypto research team when the bank began research coverage of bitcoin and ether in September 2021. Earlier he held FX strategy roles at Westpac, UBS and Nomura and headed Asia FX and rates strategy at Morgan Stanley.
Gives price forecasts for bitcoin and ether and, since 2025, for other crypto tokens such as XRP, Solana, BNB and Avalanche, mostly in research notes to clients that news outlets then report. The forecasts usually set a level for the end of each of the next several years and are revised as markets move; most are for prices to rise, with some near-term calls for declines.
As of September 30, 2026, we track 15 price predictions Geoff Kendrick made between 2023 and 2026. Three came true, four did not and eight are open. Most were about Bitcoin, Ethereum and BNB. All had deadlines at the end of a calendar year.
The open, came-true and missed call with the largest move from the price when said. A selection, not a rating.
Boldest open call
+1,449% from $16.14
Boldest call that came true
+172% from $1,472
Boldest call that didn't come true
+231% from $30,168
| Asset | Said | Price then → Target | Deadline |
|---|---|---|---|
| BNB | Price when said: $602.70 Target: $1,755 (+191%) | ||
| Solana | Price when said: $104.46 Target: $250 (+139%) | ||
| BNB | Price when said: $602.70 Target: $2,225 (+269%) | ||
| Ethereum | Price when said: $4,590 Target: $25,000 (+445%) | ||
| Bitcoin | Price when said: $108,677 Target: $500,000 (+360%) | ||
| Avalanche | Price when said: $16.14 Target: $250 (+1,449%) | ||
| Solana | Price when said: $174.97 Target: $500 (+186%) | ||
| Bitcoin | Price when said: $90,654 Target: $500,000 (+452%) | ||
| Asset | Said | Price then → Target | Deadline | Outcome |
|---|---|---|---|---|
| Bitcoin | Price when said: $108,677 Target: $200,000 (+84%) | Missed | ||
| Ethereum | Price when said: $4,590 Target: $7,500 (+63%) | Missed | ||
| Solana | Price when said: $174.97 Target: $275 (+57%) | Missed | ||
| BNB | Price when said: $602.70 Target: $1,275 (+112%) | Hit | ||
| Ethereum | Price when said: $1,472 Target: $4,000 (+172%) | Hit | ||
| Ethereum | Price when said: $1,568 Target: $4,000 (+155%) | Hit | ||
| Bitcoin | Price when said: $30,168 Target: $100,000 (+231%) | Missed | ||