Chainlink Price Target Soars to $200 as Standard Chartered Sees Tokenization Boom
Standard Chartered has set a price target of $200 for Chainlink by the end of 2030, representing a potential gain of around 25 times from its current value. The bank expects tokenized assets on-chain to reach $4 trillion by the end of 2028 and DeFi assets to grow 37-fold to $2.7 trillion by 2030.
In a note published Monday, Standard Chartered's global head of digital assets research, Geoff Kendrick, outlined staged targets for Chainlink: $13 by the end of this year, $41, $82, and $133 before reaching $200. The bank also predicts Bitcoin will reach $500,000 and Ethereum will hit $40,000 by the end of 2030.
Kendrick attributes Chainlink's growth to its incumbency in DeFi, with over $110 billion in value secured, covering around 70% of oracle-dependent value globally. He also expects off-chain customers to contribute a growing share of fees as tokenized funds and bonds become more data-hungry.
The note highlights risks to Chainlink's growth, including institutional tokenization scaling more slowly than expected and technical failures denting confidence.