Chainlink gains as banks, brokers and SWIFT expand blockchain use
Standard Chartered sees 25x upside by 2030 Standard Chartered started covering Chainlink with a $200 target for 2030, about 25 times today's price. The bank expects tokenized assets to grow to $4 trillion by 2028, which would multiply Chainlink's fees. Big-bank validation draws investor attention and money into LINK.
A major bank's long-term price target and growth forecast directly boosts investor demand for LINK.
Coinbase picks Chainlink for tokenized stocks Coinbase chose Chainlink to supply prices for tokenized stocks like Apple and Nvidia on its Base network. This adds real usage and fee-paying demand for Chainlink's data services, linking its growth to the fast-growing market for traditional assets moved onto blockchains.
A major exchange adopting Chainlink for a new product expands real usage and demand for LINK.
Schwab and ETF inflows widen access to LINK Charles Schwab will add LINK trading within months, letting its millions of clients buy it alongside stocks. Meanwhile, the spot LINK ETF took in $18.27 million in August. Easier access and fund inflows bring new buyers and support the price.
New retail access and ETF inflows are fresh sources of demand for LINK.
SWIFT partner deal lifts LINK to eight-month high Chainlink struck a deal with Bottomline, a top SWIFT services provider, to connect banks' systems to blockchains. LINK jumped 6.8% to $13.64, its highest since January, with open interest at an 11-month high. The deal shows real institutional adoption, though one day's price move matters less than the trend.
The SWIFT-related deal is a concrete adoption win that drove LINK's standout move this period.