Standard Chartered Sees LINK Printing a 25× as Tokenization Goes Full Send to $4T

Standard Chartered has set a price target of $200 on Chainlink's $LINK by the end of 2030, implying roughly a 25-fold rise from about $8 today, according to a research note published Monday by Geoff Kendrick, the bank's global head of digital assets research. The staged targets in the note call for $13 by the end of 2026, then $41, $82 and $133 before reaching $200, with $BTC penciled in at $500,000 and $ETH at $40,000 by end-2030.

Kendrick's thesis rests on a 12-fold increase in tokenized assets on-chain to $4 trillion by the end of 2028, from roughly $340 billion today, and a 37-fold expansion of assets deployed in DeFi to $2.7 trillion by 2030. Standard Chartered estimates Chainlink's fees should rise about 25 times over that period on data delivery and cross-chain asset movement, with the $LINK token assumed to track fees. The bank pegs Chainlink's total value secured above $110 billion, covering about 70% of oracle-dependent value in DeFi globally and more than 80% on Ethereum, with Aave V3 accounting for 44% of that secured value.

The note lists Swift, DTCC, Euroclear, JP Morgan, Mastercard, UBS, Fidelity and S&P Global among institutions using Chainlink services, and projects off-chain customers will become a growing share of fees as tokenized funds and bonds require net asset values, rates and reserve attestations. On interoperability, the bank says more than $7 billion in token value has migrated from legacy bridges to Chainlink's CCIP since a $292 million exploit in April, with second-quarter CCIP volume reaching $4.9 billion, up 353% year on year. CoinGape reported CCIP processed about $18 billion in transaction volume during the first quarter of 2026.

UNI, the governance token of decentralized exchange Uniswap, rose to a local high of $3.70 in the 24 hours after the note, its highest in over a month, and was changing hands at $3.63 at time of publication, up 19.8% on the day and 48.4% over the week per CoinGecko data, with market cap near $2.26 billion on roughly $864 million in 24-hour volume. $LINK traded at $8.25, down 0.8% on the day. Risks flagged in the note include slower-than-expected institutional tokenization, pilots failing to convert into recurring production workflows, specialist oracle competition and potential technical setbacks.