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.