Chainlink Price Target Soars 25x to $200 by 2030: Standard Chartered

Standard Chartered has set a price target of $200 for Chainlink (LINK) by the end of 2030, representing a roughly 25-fold increase from its current price near $8.

The bank expects tokenization and decentralized finance activity to drive higher demand for Chainlink's services, which secure more than $110 billion in value and about 70% of oracle-dependent DeFi value globally.

Chainlink CCIP volume reached $4.9 billion in Q2, up 353% from a year earlier, with more than $7 billion in token value migrating from legacy bridge infrastructure to Chainlink's Cross-Chain Interoperability Protocol following an exploit in April.