Chainlink (LINK) rose about 5% over the past 24 hours to $8.64 on August 11, 2026, after a major British multinational bank, Standard Chartered, initiated coverage of the token with a $200 price target for the end of 2030, implying ~23x upside.
The bank’s global head of digital assets research, Geoff Kendrick, argued that Chainlink is positioned as critical infrastructure for the tokenization of real-world assets.
Why is Standard Chartered Bullish on the Chainlink Price Target?
Standard Chartered’s $200 Chainlink price target is tied to the bank’s forecast for expanding onchain financial activity.
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The bank expects tokenized assets to grow from roughly $340 billion to $4 trillion by the end of 2028. It also forecasts tokenized and crypto-native assets deployed in DeFi could reach $2.7 trillion by 2030, 37 times more than the current value.
The bank argues that tokenized funds, bonds and stablecoins require external data, interoperability and compliance infrastructure. Standard Chartered therefore views Chainlink as a potential core infrastructure provider for tokenized finance.
Chainlink is the dominant oracle network in DeFi, powering roughly 70% of the global DeFi market and more than 80% of DeFi activity on Ethereum. Over the past 7 years it secured more than $32 trillion in transaction value.
Now Chainlink is beyond blockchain oracles into interoperability, privacy, and TradFi, including a tokenization project with Fidelity covering $6.9 billion.
Standard Chartered estimates that Chainlink’s fee revenue could grow about 25-fold by 2030. The bank’s model assumes LINK’s value rises roughly in line with that growth, leading to a price target of $200.
How is LINK Performing?
LINK is up 8.3% over the past month but remains more than 39% below its 2026 high of $14.36, according to CoinGecko’s data. The token is roughly 24% above its year-to-date low near $7, which it tested twice in June.
LINK also remains about 83% below its $52.70 all-time high reached in May 2021. The current rally therefore leaves the token well below its previous peak despite the new institutional forecast.
Why This Matters
Standard Chartered’s $200 target from a major global bank signals institutional conviction that Chainlink’s oracle and interoperability rails are essential for the projected $4T tokenization wave by 2028. This elevates LINK from to critical TradFi infrastructure, potentially accelerating adoption and fee growth that the bank models by 2030.
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