Standard Chartered Sees Chainlink Reaching $200 by 2030

Standard Chartered, one of the world's leading banks, has released a research note predicting that Chainlink (LINK) will reach $200 by 2030. The bank expects growing demand for tokenization services as more traditional assets move onto blockchains.

The report projects that tokenized assets on public blockchains could grow from around $340 billion today to $4 trillion by the end of 2028. This growth is expected to create a surge in demand for infrastructure, including Chainlink's decentralized oracle network, which provides outside financial data to blockchain-based applications.

Chainlink's growing work in cross-chain transfers, data feeds, and financial settlement is also seen as a key part of its long-term case. The bank points to the Cross-Chain Interoperability Protocol (CCIP) and Chainlink's partnerships with major financial names such as Swift and JPMorgan as evidence of its growing importance.