Standard Chartered Puts Faith in Chainlink's $200 Price Target
Standard Chartered's Geoff Kendrick recently initiated coverage of Chainlink (LINK) with a long-term price target of $200 by end-2030, roughly 25 times the token's current trading levels around $8. This vote of confidence from the global bank has sparked increased interest in LINK, with derivatives traders and spot buyers reacting differently to the news.
Kendrick's analysis centers on asset tokenization, which involves putting real-world assets like bonds and real estate onto blockchains as digital tokens. Standard Chartered projects that this market will grow to $4 trillion by 2030, and Chainlink sits at a critical chokepoint in this infrastructure due to its Cross-Chain Interoperability Protocol (CCIP), which allows assets to move between networks.
The bank laid out a step-by-step price roadmap for LINK: $13 by end-2026, $41 by end-2027, $82 by end-2028, $133 by end-2029, and finally $200 by end-2030. The token's spot price context matters here, as it hit close to $14 in January 2026 and has an all-time high of $52.70. Trading near $8 means it's sitting at a significant discount to both recent and historical peaks.