Standard Chartered Sets $200 Chainlink Price Target as Polymarket Adopts TWAP

Chainlink price

Standard Chartered’s latest call for a $200 Chainlink price by 2030 looks ambitious at first glance. But the bank is betting on something much bigger than a crypto rally. Its forecast rests on the rapid growth of tokenized assets and Chainlink’s role in moving data and value between blockchain networks. Amidst this, Polymarket now offers a glimpse of where that is already being used.

Also Read: Robinhood Crypto Launches in the UK as FCA Targets Tokenized Gold

Standard Chartered
Source: CNBC

Standard Chartered has initiated coverage of Chainlink with a $200 target for the end of 2030. This implies roughly 25 times upside from current levels. The bank’s digital assets research head Geoff Kendrick sees LINK price targets of $13 this year, followed by $41, $82 and $133 before reaching $200.

At press time, Chainlink’s price was trading at $8.28 following a dainty rise of 0.02% over the past 24 hours.

LINK price
Source: CoinMarketCap

The bigger bet is tokenization. Standard Chartered expects the value of assets on public blockchains to rise from roughly $340 billion today to $4 trillion by the end of 2028. It also expects assets deployed in decentralized finance to reach $2.7 trillion by 2030.

This matters for Chainlink because its business is tied to supplying data and helping move assets across blockchains. The bank estimates Chainlink’s fees could rise about 25 times as tokenized finance expands, with the Chainlink price eventually tracking that growth.

Chainlink already has a notable position in the market. Standard Chartered puts its total value secured above $110 billion and estimates it covers around 70% of oracle-dependent value in DeFi. The bank also points to institutional names including JPMorgan, Mastercard, UBS, Fidelity and S&P Global as users of Chainlink services.

Also Read: XRP Could Drop Below $1 as Former Ripple Engineer Warns XRPL Upgrade Could Hurt Decentralization

Polymarket is already putting Chainlink’s infrastructure to work. The prediction platform has switched its short-term crypto markets to Chainlink TWAP settlement, using 30-second averages for five-minute contracts and 60-second averages for its 15-minute and four-hour markets.

The change followed research that identified 821 wallets linked to about $8.2 million in gains during manipulation-flagged settlement cycles. The new averaging method makes a brief last-second price move less influential when a contract settles.

For Standard Chartered, developments like this are part of the case for Chainlink becoming financial infrastructure rather than simply another crypto token. Whether that ultimately gets the LINK price to $200 remains the much bigger question.

Also Read: JPMorgan Warns Dollar Could Lose Reserve Status as China’s Yuan Hits 3-Year High Amid De-Dollarization Talks

Sahana Kiran

Written by Sahana Kiran

Sahana Kiran has been covering financial markets since 2019, with a focus on cryptocurrencies, fintech, and the geopolitical events shaping them. She previously reported for AmbCrypto and Watcher Guru, and now writes for BlockNow.