Standard Chartered Sees Chainlink Reaching $200 by 2030 on Tokenization Growth
Standard Chartered has initiated coverage of Chainlink (LINK), setting a $200 price target for 2030. The bank's analyst, Geoff Kendrick, laid out a staged path to get there: $13 by the end of this year, $41 in 2027, $82 in 2028, $133 in 2029, and $200 in 2030.
Currently, LINK trades near $7.47, meaning the 2030 target implies roughly 27 times the current price. Even the bank's nearest milestone, the $13 call for the end of 2026, sits about 74% above LINK's current price.
The bank expects tokenized assets to grow from about $340 billion today to $4 trillion by the end of 2028, with fees rising roughly 25 times as that tokenized activity grows. Chainlink already secures more value than any other oracle network, with total value secured above $110 billion.
Standard Chartered's previous predictions for AAVE and UNI were accurate, with both tokens reacting positively to the bank's calls. However, the market may be skeptical of Chainlink's path from usage to token value, or the $200 call may have already been partly priced in.