By Isaac • July 1, 2026 12:58 pm •
Standard Chartered initiated coverage of Morpho on July 1, 2026, with a $60 price target for the end of 2030.
CoinDesk reported the target implies roughly 33x upside from current levels, and MORPHO was already up more than 13% over 24 hours at publication time.
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The eye-catching number is the 33x. The reason the bank got there is more interesting.
Standard Chartered describes Morpho as a DeFi lending protocol and as infrastructure for on-chain banks and asset managers. That framing treats the protocol as plumbing, more than an app people borrow against.
THE BLOCK: Standard Chartered initiates coverage of Morpho, sees token rising 33x to $60 by 2030. The bank cites Morpho Vaults and DeFi
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