Sky Price Soars 5.43% with Standard Chartered DeFi Coverage
Standard Chartered's recent publication of an institutional research report has added fuel to Sky's price surge. The report, released on October 1, 2026, at 6:49pm UTC, includes Sky alongside other DeFi and infrastructure projects such as Uniswap, Aave, Morpho, Chainlink, Arbitrum, and Ethena. This coverage marks a significant step towards institutional recognition for Sky.
The report provides in-depth analysis of protocol revenue, usage, token economics, and valuation across various DeFi sectors. By listing Sky alongside prominent projects, Standard Chartered signals to funds and trading desks that Sky is worthy of deeper due diligence. This narrative shift supports the notion that Sky is a serious infrastructure project rather than a purely speculative one.
The timing of the price move versus the news is striking. The strongest part of the intraday move occurred in the last 6 hours, with prices rising from around $0.0791 to $0.0834 (5.43% increase) between 3:00pm UTC and 9:00pm UTC on October 1, 2026. This suggests a news-driven repricing, where awareness spreads over a few hours rather than a slow grind driven by general market drift.