Standard Chartered Predicts Chainlink (LINK) Will Reach $200 by 2030
Prefer us on GoogleStandard Chartered has announced that Chainlink's native token, LINK, could rise to $200 by 2030. The bank indicates that LINK could reach this level with the support of growth in the tokenization market. The global investment bank believes that Chainlink could significantly benefit from the transfer of real-world assets (RWA) to blockchain networks in the coming years. Standard Chartered forecasts that the tokenization market, which enables traditional financial assets like stocks and bonds to be traded on the blockchain, will reach $4 trillion. Chainlink provides infrastructure that allows blockchain networks to connect with data sources and financial systems outside of the blockchain. As tokenization becomes more prevalent in traditional financial assets, the importance of this infrastructure is expected to increase. According to CryptoAppsy data, LINK is currently trading at $8.22, down 0.98% in the last 24 hours.
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