Standard Chartered has initiated coverage of Chainlink with a price target of $200 by the end of 2030, implying a potential 24x surge from the current price around $8.22. Analyst Geoff Kendrick, head of digital assets research at the bank, is betting on massive tokenization growth from $340 billion today to $4 trillion by end-2028, with DeFi assets expected to reach $2.7 trillion by 2030. Chainlink secures approximately 70% of DeFi markets globally and over 80% on Ethereum, representing a significant competitive advantage according to the bank. Identified risks include slower institutional tokenization, competition from specialist providers, and potential technical setbacks.
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