Standard Chartered initiated coverage of Chainlink (CRYPTO: LINK) with a $200 price target by the end of 2030, implying a roughly 25-fold gain from the token’s current price of $8.25.
What Standard Chartered Is Actually Projecting
Global head of digital assets research Geoff Kendrick laid out staged targets in a Monday note cited by The Decrypt, starting at $13 by year-end, then climbing to $41, $82, and $133 before reaching $200 by 2030.
The same note targets Bitcoin (CRYPTO: BTC) at $500,000 and Ethereum (CRYPTO: ETH) at $40,000 over the same period.
The thesis rests on one core forecast: tokenized assets on-chain growing roughly 12-fold to $4 trillion by end-2028, with assets deployed in DeFi expanding 37-fold to $2.7 trillion by 2030.
Because Chainlink charges fees for delivering data and moving assets between chains, Kendrick estimates its fees rise roughly 25 times over that window and assumes the token price follows.
Why Chainlink’s Market Position Matters
The note puts Chainlink’s total value secured above $110 billion, covering roughly 70% of oracle-dependent value in DeFi globally and more than 80% on Ethereum. Aave V3 alone accounts for 44% of that secured value.
On interoperability, Chainlink trails LayerZero but is gaining ground.
More than $7 billion in token value has moved from legacy bridges to Chainlink’s CCIP since a $292 million exploit in April, with quarterly CCIP volume hitting $4.9 billion in Q2, up 353% year-on-year.
