Standard Chartered predicts LINK to reach $200 by 2030, a 2,000% increase

Standard Chartered has initiated coverage of Chainlink's LINK/USD token with a price forecast of $200 by the end of 2030, compared to approximately $8 currently, implying a gain of over 2,000%. Geoff Kendrick, the bank's global head of digital asset research, stated that the token will benefit from the acceleration in the adoption of tokenization and decentralized finance. Chainlink provides secure on-chain connections for about 70% of global DeFi markets and over 80% on the Ethereum network, with a total enabled transaction volume exceeding $32 trillion. Kendrick projects that the value of on-chain tokenized assets will reach $4 trillion by the end of 2028, while DeFi assets are expected to grow 37 times, reaching $2.7 trillion by 2030. Chainlink is described as the only comprehensive platform capable of supporting the entire lifecycle of tokenized assets. Institutional adoption is already underway, with companies like JPMorgan and Mastercard utilizing its services. The bank estimates that Chainlink's total fee generation could grow about 25 times by 2030, with a projected 20-fold increase in fees from off-chain TradFi customer oracles. Annual forecasts indicate that LINK is expected to reach $13 by the end of 2026, $41 in 2027, $82 in 2028, $133 in 2029, and $200 in 2030. Key risks include a slower-than-expected pace of tokenization and competition from specialized providers.

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