Standard Chartered initiated coverage of Chainlink with a $200 price target by 2030, alongside intermediate forecasts of $13 by end of 2026, $82 in 2028, and $133 in 2029. Whale transactions hit a five-month high with 246 transactions exceeding $100,000 in 24 hours, while wallets holding between 100,000 and 10 million LINK now control 466.31 million tokens, representing 46.57% of the circulating supply. LINK price rose 6.8% since Monday but remains down more than 28% year-to-date. ETF flows remain weak at just $150,307 last week with exchange reserves slightly rising to 123.7 million LINK, suggesting limited bullish conviction.
Source: Read the original article
