Chainlink Sees $200 Price Target as Tokenized Assets Surge

Geoff Kendrick, an analyst at Standard Chartered, believes that Chainlink (LINK) has significant growth potential. He predicts that tokenized real-world assets will reach $4 trillion by the end of 2028, creating a larger market for secure on-chain data services.

Kendrick argues that this demand will translate into higher fee generation for Chainlink and ultimately push LINK to as high as $200 by the end of 2030. This projection is tied to the growth of tokenized assets in decentralized finance (DeFi) and the infrastructure needed to make those assets work reliably on-chain.

The report also forecasts a 37-fold increase in tokenized and crypto-native assets deployed in DeFi, projecting such assets could reach $2.7 trillion by the end of 2030.

However, Kendrick stressed that the LINK price path to his $200 target is not guaranteed. He highlighted potential risks including slower-than-expected institutional tokenization efforts, competition from other oracle providers, and possible technical setbacks.