Standard Chartered has published its first estimate for Chainlink, a blockchain platform that provides oracles for bringing external data onto networks and infrastructure for cross-chain operations. The bank set a target price of $200 for its native LINK token by the end of 2030. At its current price of around $8, this implies nearly 25-fold growth.
Analysts expect the volume of tokenized assets on blockchains to rise from around $340 B today to $4 T by the end of 2028. By the end of 2030, the bank expects the volume of tokenized and crypto-native assets in DeFi to reach $2.7 T.
Why the Platform Will Become Increasingly in Demand
Geoff Kendrick, Standard Chartered’s global head of digital asset research, linked Chainlink’s growth to the growing need for external data in financial products.
“Funds need information on net asset values and share classes, bonds need interest rates and payment schedules, and stablecoins need reserve data. This information enters the blockchain through oracles,” he said.
Chainlink currently provides oracle services to more than $110 B worth of assets, according to the report. The network accounts for around 70% of this value in DeFi and more than 80% on Ethereum.
The bank forecasts roughly 25-fold growth in Chainlink’s fee revenue by the end of 2030. The oracle market will remain the main source of revenue, but the bank also expects revenue from cross-chain interoperability to increase.
“As fees rise by roughly 25 times, the value of LINK will rise by a comparable amount, outperforming Bitcoin and Ether by the end of 2030,” Kendrick said.
The bank identified slower growth in institutional tokenization, competition from specialized providers, and technical or configuration failures that could undermine confidence in Chainlink as the main risks to its forecast.
Who Is Already Building the Financial Market on Chainlink
DeFi currently generates most of Chainlink’s fees, with Aave V3 accounting for 44% of the value of assets supported by the network. As tokenization develops, Standard Chartered expects traditional financial institutions to account for a growing share.
Standard Chartered named Swift, DTCC, Euroclear, JPMorgan, Mastercard, UBS, Fidelity, and S&P Global among Chainlink’s users. In 2025, Chainlink worked with Swift and UBS on transactions involving tokenized funds.
The bank also factors in Chainlink Reserve, which receives network fees in LINK. The reserve holds around 5 M LINK worth approximately $40 M. According to Standard Chartered’s estimate, around two-thirds of the fees generated since its launch have flowed into the reserve.