Chainlink Trades at Just $8.22, but Standard Chartered Sees a 24x Rally
Standard Chartered has initiated coverage of Chainlink (LINK) with a price forecast of $200 by the end of 2030. With LINK trading near $8.22 on Monday, the target implies a 24x rally.
The call comes from a note titled "Chainlink โ Owning the rails" by Geoff Kendrick, the bank's digital assets research head. It extends his continuing search for winners of the tokenization trade.
A $4 Trillion Tokenization Bet
Kendrick expects tokenized assets on-chain to grow from around $340 billion today to $4 trillion by end-2028. He also sees $2.7 trillion of assets active in decentralized finance (DeFi) by end-2030, a 37-fold jump.
The Chainlink call fits a pattern in the bank's recent research. Standard Chartered previously published a 50x Aave forecast and a 33x Morpho target built on the same DeFi growth thesis.
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