Analysts at Standard Chartered have revised their forecast for Chainlink (LINK) to reach $200 by the end of 2030, according to a report referenced by The Block.
The bank estimates that the token's growth potential is approximately 25 times its current value of around $8. This prediction is linked to Chainlink's pivotal role as essential infrastructure for tokenized assets.
Hourly chart of LUNK/USDT on Binance. Source: TradingView.Jeff Kendrick, the head of digital asset research at Standard Chartered, described the protocol as "the only end-to-end platform" capable of supporting the complete lifecycle of tokenized assets in both DeFi and traditional finance.
Kendrick believes that as assets transition to an on-chain format, the market will require reliable external data, secure interoperability, and compliance tools.
Furthermore, Standard Chartered anticipates that by 2030, Chainlink's fee generation will also increase by roughly 25 times. Among the users of the network's services are notable entities such as SWIFT, DTCC, Euroclear, JPMorgan, Mastercard, UBS, Fidelity, and S&P Global.
Kendrick has identified three risks that could impact this forecast:
- slower rates of institutional tokenization;
- competition from specialized providers in specific segments;
- technical or configuration failures that could undermine trust in the platform.
It's worth noting that from April to June, the volume of Real World Assets (RWA) on lending platforms and decentralized exchanges reached $7.4 billion, up from $2.3 billion a year earlier, as reported by CoinShares.